New enforcement action by the corporate regulator accuses home loan manager Resimac of letting down thousands of financially struggling customers who filed hardship applications.
HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.
Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.
The High Court has agreed to hear an Australian fashion designer’s appeal in a long-running trade mark dispute with pop star Katy Perry.
AUSTRAC has sought to suppress parts of its case against the operator of online gambling sites Ladbrokes and Neds, arguing the information should not get into the hands of criminals.
A judge hearing two enforcement cases by regulators against embattled casino operator Star Entertainment has flagged the potential appearance of bias if he continues to preside over both proceedings.
Japanese car maker Isuzu has struck back at a class action, arguing Isuzu D-Max and MU-X cars sold in Australia did not contain the features of so-called defeat devices used to cheat on emissions tests.
Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.
A judge hearing a class action against Isuzu will deal first with whether its cars were fitted with so-called defeat devices, in the latest class action alleging a car maker cheated on emissions tests.
The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.