Glyn Ayres

A court has found no legal error in a regulator’s decision to approve Woodside’s environmental plan for its Scarborough gas project in Western Australia, finding the company was not required to specify what would be an acceptable level of emissions.

Environmental group Doctors for the Environment has slammed Woodside claim that its $16.5 billion Scarborough gas project will have a “de minimus” environmental impact and argues the company's plan does not allow the regulator to assess its real impact. 

Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.

A court has approved a $64 million settlement in a consumer class action against the NAB units MLC Trustees and NULIS Nominees, with 69 per cent of the settlement sum to go to group members. 

Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.

A day after the National Anti-Corruption Commission closed its investigation of six officials linked to the Robodebt scandal, an appeals court has overturned a decision barring access by a campaigner to documents related to the disastrous scheme for collecting Centrelink debts.

The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over its $1 billion “ethically conscious” hedge fund.

A judge has hit IOOF unit RI Advice with a $6 million penalty for failing to rein in an adviser who reaped hefty commissions for steering clients towards risky investments, despite earlier expressing concerns the penalty may not have enough sting.

A judge has raised concerns about a $6 million penalty proposed by the Australian Securities and Investments Commission against IOOF unit RI Advice for failing to rein in an adviser who reaped hefty commissions for steering clients towards risky investments.

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to ensure its advisers acted in the best interests of clients and did not give inappropriate advice.