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ACCC calls for stronger changes to bank rules in response to Hayne report
Financial Services 2019-09-27 4:57 pm By Christine Caulfield

Proposals by Australia’s banks to revise its code of conduct in line with the recommendations of the banking royal commission don’t go far enough, the consumer watchdog said Friday.

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United Petroleum faces court accused of evading Fair Work investigators
Employment 2019-09-27 2:37 pm By Christine Caulfield

United Petroleum has been hit with legal action by the Fair Work Ombudsman, which accuses the petrol retailer of failing to produce records as part of an investigation of workplace breaches.

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Landowners lose appeal over $56.5M payout for Westconnex project
Transportation & Infrastructure 2019-09-26 2:31 pm By Christine Caulfield

A group of Sydney commercial landlords whose properties were compulsorily acquired for the WestConnex project have lost an appeal seeking $56.5 million in compensation, after the Valuer-General offered them just over half that amount.

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‘Serious questions’ raised over conduct of lawyers, funder behind Banksia class action, judge says
Class Actions 2019-09-26 2:01 pm By Christine Caulfield

A judge overseeing a settled class action against failed Banksia Securities has rejected an application to limit a contradictor’s investigation of alleged professional misconduct on the part of the legal team and funder behind the case, saying he was satisfied there was a proper basis for the allegations.

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Israel Folau offered to apologise for homophobic rant, Rugby Australia tells court
Employment 2019-09-25 11:17 pm By Christine Caulfield

Former Wallabies star Israel Folau offered to make a public apology for a homophobic social media slur that got him fired, a court has been told.

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Farooq Khan’s Bentley Capital sues Keybridge in latest bid to oust Nicholas Bolton as CEO
Corporate 2019-09-25 10:14 pm By Christine Caulfield

Perth-based Farooq Khan has taken his bitter dispute with activist investor Nicholas Bolton to court, suing Keybridge Capital and two of its four directors ahead of a general shareholder meeting next month.

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Dyno Nobel, Orica settle case over rock blasting method patent
Intellectual Property 2019-09-25 2:58 pm By Christine Caulfield

Explosives maker Dyno Nobel has reached a mid-trial settlement in its case against its major rival, Orica, over a patent for a method for blasting rock at open cut mines.

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Sunglass Hut underpaid hundreds of part-time workers $2.3M
Employment 2019-09-24 10:17 pm By Christine Caulfield

Retail chain Sunglass Hut has agreed to backpay 620 workers almost $2.3 million after admitting it underpaid its part-time staff in stores across Australia for six years.

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Octaviar liquidators get court OK to reject proofs of $900M in debt by subsidiaries
Restructuring & Insolvency 2019-09-24 9:18 pm By Christine Caulfield

The liquidators of failed Gold Coast investment group Octaviar have been given the thumbs up to reject over $900 million in proofs of debt from two of the firm’s subsidiaries after the Queensland Supreme Court ruled they had received competent legal advice on the matter and were justified in the rejections.

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Lawyers behind competing Workpac class action in talks to jointly-run cases
Class Actions 2019-09-23 10:26 pm By Christine Caulfield

The judge overseeing competing employment class actions on behalf of casual coal miners against WorkPac has ordered the law firms running the cases to consider a proposal to jointly run the proceedings.

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