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Westpac pays $130M to settle last banking royal commission class action
Westpac has agreed to fork over $130 million to settle a class action over payment of flexible commissions to car dealers, a practice that was banned by the corporate regulator seven years ago.
Law firms to team up in class action against Harvey Norman
Two law firms have reached an agreement to join their class actions against Harvery Norman alleging the furniture retailer sold worthless warranties.
Construction PRO
Dutton vows to restore ABCC amid new reports of CFMEU criminal links
New reports of criminal activity and violence have rocked the CFMEU, with calls from building groups for a "clean up", and a Coalition vow to deregister the embattled construction union and revive the industry watchdog.
Construction PRO
Freight terminal reform policy ‘imminent’, NSW minister says
Release of a review by the NSW government of the state's container terminal policy is "imminent", new transport minister John Graham told a parliamentary committee hearing last week.
Construction PRO
Roberts Co places Victorian business in administration
The Victorian unit of privately-owned builder Roberts Co has entered voluntary administration, citing rising prices and the insolvency of critical subcontractors.
Construction PRO
Holding Redlich to wear costs after judge questions ‘extraordinary’ bill
Holding Redlich has agreed to cover the costs awarded against its clients in a property spat, after a judge took the law firm to task for generating almost $30,000 in work following a settlement.
Construction PRO
Building groups welcome Albanese government’s SOP review response
The Albanese government's response to a review of security of payment laws was a positive first step, building and construction industry groups said on Friday.
Russian aluminium company can’t appeal win for Rio Tinto in High Court
Russian company UC Rusal has lost a High Court leave bid after an "extremely harsh" finding that Rio Tinto was entitled to refuse alumina deliveries because of export sanctions.
Contingency fees are relevant to class action transfer bids, High Court rules
A group costs order giving class action solicitors a percentage cut of the proceeds of a case is a factor in weighing whether proceedings should be transferred from Victoria to a state in which such an order could not operate, the High Court has ruled.
Construction PRO
Hall & Wilcox taken to court by liquidators of failed Hastie Group
Liquidators of collapsed engineering company Hastie Group have brought proceedings against Hall & Wilcox, the law firm for the company's previous liquidators.