AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from “serious misconduct” that came to light curing the 2018 banking royal commission.
The ACCC has opposed IAG’s proposed $1.35 billion acquisition of RACWA’s insurance operations, saying the deal would substantially lessen competition for motor vehicle and home and contents insurance in Western Australia.
ADCO Constructions did not agree to guarantee work done by its subsidiary on the Kew Recreation Centre, a court has found, limiting Boroondara City Council’s options following a roof collapse.
Fletcher Building Group unit Iplex has lost its bid to save its parent company from being joined to a case brought by builder J-Corp over allegedly defective pipes.
A developer has failed to revive its $400 million lawsuit against an investor over a development at the site of the former Pentridge Prison in Victoria, with an appeals court agreeing the case was properly dismissed.
The competition regulator has cited the public interest in its misuse of market power case against Mastercard in fighting suppression applications by the credit card giant and its heavy-hitter customers, including Coles and Visa.
A court has slapped private health insurer Bupa with a $35 million penalty after it admitted to misleading thousands of customers about their benefits for over five years.
The High Court has unanimously granted home retailer Bed Bath N’ Table’s appeal of a ruling that retailer House did not engage in misleading and deceptive conduct in setting up its Bed & Bath stores.
The applicant in an immigration detention class action that was discontinued four years ago wants to revive the proceedings, arguing the solicitors and the court misunderstood a High Court decision as dooming the case.
Four group members in a franchisee class action against 7-Eleven that settled for $98 million in 2022 are seeking court review of the amounts they were awarded under the settlement scheme.