Companies

An IGA store in WA's Kalgoorlie has rejected a claim by Coles that it provides no real competition, telling a tribunal shoppers are buying significant volumes of the supermarket giant's top items at the independent grocer. 

The Commonwealth Bank has been dragged to court by the corporate regulator, accused of charging business customers millions of dollars in undisclosed fees for the past 19 years.

NAB will pay $127 million to nearly 70,000 underpaid workers plus $34 million in interest and $8 million in superannuation and make the largest ever contrition payment as part of an agreement with the Fair Work Ombudsman.

The Victorian Infrastructure Delivery Authority has been sharply criticised by counsel assisting the royal commission into Victoria's Big Build after it provided heavily redacted documents.

An IGA in WA's Kalgoorlie has rejected a claim by Coles that it provides no real competition, as the supermarket giant challenges the ACCC's decision to block its acquisition of a leasehold interest for a second store.

Macquarie Bank has agreed to a proposed $14 million penalty after admitting to failures in how it promoted introductory offers for new savings account customers.

Administrators of collapsed supply chain finance company Greensill Capital have reached a settlement with GFG Alliance's Liberty companies, resolving a case that was set for trial beginning Tuesday.

Previously calling it a "spectacular waste of time", the applicant in a class action against a Johnson & Johnson unit is challenging an order that requires consumers to register for the case ahead of any settlement.

Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.

BHP's labour hire subsidiary has told the Full Court that it was up to employees to exercise their right under the Fair Work Act to refuse to work on public holidays, as it defends a class action brought on behalf of up to 7,000 former employees.