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ASIC takes RACQ to court alleging false comparison pricing
Insurance 2025-09-23 12:31 pm By Cindy Cameronne

The corporate regulator has filed proceedings against RACQ, one of Queensland’s largest insurers, alleging it sent customers renewal documents with misleading comparison pricing. 

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Box Hill landlord says cafe tenant broke lease with hookah bar
Real Estate 2025-09-24 11:47 pm By Cindy Cameronne

A landlord in eastern Melbourne has filed proceedings alleging a tenant breached its lease by converting a cafe into a smoking lounge.

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EVP drags share sale parties into case against Strongroom AI
Healthcare 2025-09-22 11:56 pm By Cindy Cameronne

Venture capital firm EVP has added 20 parties to a lawsuit seeking to recoup its $10.4 million investment in Strongroom AI, as a judge extended freezing orders against directors of the med-tech start-up.

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Court finds Argentina validly served in suit to enforce $24.3B judgment
Energy & Natural Resources 2025-09-22 10:47 pm By Cindy Cameronne

Two minority shareholders in Argentina’s state-controlled oil company have won a dispute over service in their case seeking to enforce a $24.3 billion judgment awarded in a US court. 

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Cosmetic surgery class action doctors can’t cut accessorial liability claims
Class Actions 2025-09-19 11:41 pm By Cindy Cameronne

Four doctors named in a class action over cosmetic surgeries performed at Daniel Lanzer’s clinic in Sydney can’t dodge claims they are liable as accessories for alleged misleading social media ads. 

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Maurice Blackburn mulls expanding group in Hyundai, Kia class actions
Class Actions 2025-09-19 11:30 pm By Cindy Cameronne

Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership. 

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Ratings house faces ASIC investigation over Keystone fund
Financial Services 2025-09-18 11:45 pm By Cindy Cameronne

ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of ‘investment grade’, as the corporate watchdog seeks to claw back $480 million in investor funds. 

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Commercial development ‘greatest potential risk’ in $200B private credit sector: ASIC
Real Estate 2025-09-22 10:58 pm By Cindy Cameronne

An ASIC report into private credit has found that commercial property construction and development presents the “greatest potential risk” of impairment or credit loss, as well as being more likely to involve conflicts of interest and opaque fee arrangements. 

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ASIC in hotseat over inaction against ANZ execs after $240M settlement
Financial Services 2025-09-18 11:27 pm By Cindy Cameronne

ASIC’s chair was grilled by members of parliament on Thursday over whether the regulator would take action against individuals within ANZ, after the bank agreed to pay $240 million in penalties for “widespread misconduct”.

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Developer sues Maddocks over Toorak penthouse deal with millionaire
Real Estate 2025-09-19 11:20 pm By Cindy Cameronne

Developer Techin MBS has filed a lawsuit against Maddocks, claiming the law firm is liable for negligence if a contract of sale for a penthouse in Toorak with multi-millionaire Scott Shearman is not found to be binding.

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