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Harry Triguboff says claims by ex-Meriton GC that he was sacked for not lying are ‘fiction’
Real Estate 2020-07-02 11:55 pm By Christine Caulfield

Billionaire real estate developer Harry Triguboff and his company Meriton have hit back at claims by the former group general counsel of the property giant that he was sacked after refusing to lie, saying the allegations are untenable and untrue.

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Bank trader claims ANZ sacked him for rate-rigging complaints
Employment 2020-07-02 10:44 pm By Christine Caulfield

A former high-flying trader is taking ANZ to court alleging the bank dismissed him for making complaints about attempted manipulation of a key interest rate and not, as the bank claims, for his “offensive” chats with other traders.

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Woolworths pays record $1M fine to watchdog for ‘inexcusable’ spam law breaches
Retail 2020-07-02 10:26 am By Christine Caulfield

Supermarket giant Woolworths has been hit with a $1 million infringement notice from the Australian Communications and Media Authority for what the regulator called “significant breaches” of spam laws.

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Guy Sebastian’s former manager Titus Day arrested for alleged $1.15M fraud
White Collar 2020-07-01 10:04 pm By Christine Caulfield

Police have arrested Titus Day, the former manager of pop star Guy Sebastian, over allegations he duped the singer out of $1.15 million over seven years.

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AMP boss blames class actions for increasing cost of financial advice
Class Actions 2020-06-30 11:17 pm By Christine Caulfield

AMP’s chief executive Francesco De Ferrari has gone on the offensive against class actions in Australia, saying litigation funders were driving up the cost of doing business, resulting in job losses and increasing costs of financial advice.

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ASIC won’t bring action against Retail Food Group despite report of ‘particularly unjust’ conduct
Franchises 2020-06-30 1:21 pm By Christine Caulfield

Gloria Jeans’ owner Retail Food Group has avoided enforcement action by the Australian Securities and Investments Commission after an investigation sparked by last year’s damning parliamentary report into the franchise sector.

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Crippled by COVID-19, swimwear brand Seafolly enters administration
Restructuring & Insolvency 2020-06-29 10:37 pm By Christine Caulfield

Citing the “crippling financial impact” of the coronavirus pandemic, Australian swimwear company Seafolly has become the latest fashion retailer to enter voluntary administration.

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Heydon scandal prompts call for harassment law reform
Employment 2020-06-26 9:30 pm By Christine Caulfield

Australia’s peak legal body has called for amendments to sex discrimination laws to better protect women against workplace harassment by judges and barristers, and has urged the Morrison government to establish an independent commission to deal with complaints against the judiciary.

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Former Liberal senator Julian McGauran sues Mayfair 101 over $1M investment
Financial Services 2020-06-26 6:20 pm By Christine Caulfield

Already facing action by the corporate regulator for alleged misleading and deceptive conduct and a potential class action, investment firm Mayfair 101 must now defend a lawsuit by former Liberal senator Julian McGauran, who is demanding the return of his $1 million investment.

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ASIC loses appeal in responsible lending case against Westpac
Financial Services 2020-06-26 12:06 pm By Christine Caulfield

The Australian Securities and Investments Commission has failed in a high-profile challenge to a ruling for Westpac in its responsible lending case against the bank, with an appeals court majority saying the regulator read too much into the national credit laws.

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