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ACCC swipes at Mastercard for alleged interchange rate agreement with retailers
Competition & Consumer Protection 2022-05-30 1:18 pm By Cat Fredenburgh

The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing […]

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Worley asks High Court to fix ‘absurd’ shareholder class action ruling
Class Actions 2022-04-12 10:04 pm By Cindy Cameronne

Engineering company Worley is challenging an appeals court ruling that allowed a shareholder class action against it to continue, arguing the Full Court’s finding that […]

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Major banks hit back at rate-rigging class action, argue claims are barred
Competition & Consumer Protection 2022-04-04 9:10 pm By Cindy Cameronne

Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig […]

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Qantas engineers lose appeal over COVID-19 stand down orders
Coronavirus 2022-04-01 5:39 pm By Cindy Cameronne

Aircraft engineers for Qantas have lost a challenge to a ruling that the airline had no “genuine choice” when it stood them down in March […]

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Worley shareholders win appeals court battle to revive class action
Breaking News 2022-03-11 2:34 pm By Christine Caulfield

An appeals court has sided with shareholders in their challenge to a ruling tossing a class action against engineering services company Worley, which was found […]

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Lloyd’s scores win in COVID-19 business interruption insurance case
Insurance 2022-03-11 3:14 pm By Miklos Bolza

Lloyd’s has scored a win in a COVID-19 business interruption case, with a judge ruling the insurer can rely on a conformity clause in its […]

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Qantas ordered to pay Perth Airport $9.5M in terminal fee dispute
Aviation 2022-03-04 11:58 am By Miklos Bolza

Qantas has been ordered to pay $9.5 million in unpaid fees after the Western Australia Supreme Court resolved a dispute over the “fair and reasonable” […]

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ASIC drops most claims against Rio Tinto over $5.8B acquisition
Securities 2022-02-28 1:31 pm By Miklos Bolza

The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled […]

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Rio Tinto to cop penalty in ASIC case over failed $5.8B acquisition
Energy & Natural Resources 2022-02-11 11:37 pm By Cat Fredenburgh

Rio Tinto will face a penalty hearing in proceedings brought by the Australian Securities and Investments Commission alleging the mining giant misled shareholders about the […]

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Judge won’t block disciplinary action against unvaccinated Qantas staff
Coronavirus 2022-01-24 5:18 pm By Bianca Hrovat

A judge has dismissed an urgent application to block Qantas from taking disciplinary action against unvaccinated employees, but the airline has committed to extending their […]

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