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‘Regime has provided access to justice’: Judge OKs $56.3M Colonial class action settlement
Class Actions 2022-06-20 2:59 pm By Cat Fredenburgh

A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn […]

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‘Parlous situation’: Mascot Towers owners file court bid to sell troubled buildings
Construction 2022-06-17 4:51 pm By Cindy Cameronne

Owners of Sydney’s Mascot Towers are facing a “parlous situation” as they file an urgent court bid to sell the two buildings after $16 million […]

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CBA says it wasn’t obligated to roster breaks enshrined in enterprise agreements
Employment 2022-05-17 4:07 pm By Sam Matthews

The Commonwealth Bank of Australia has hit back at a $45 million lawsuit alleging it failed to provide thousands of employees with paid rest breaks […]

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‘Most unjust’ to allow new claims in six-year-old CBA class action, judge says
Class Actions 2022-04-13 9:32 pm By Miklos Bolza

The applicants in a protracted class action against the Commonwealth Bank of Australia brought by borrowers who claim they were forced to default on their […]

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CommSec agrees to $20M penalty for ‘serious and unacceptable’ system failures
Financial Services 2022-03-03 9:02 pm By Bianca Hrovat

Commonwealth Bank unit CommSec has agreed to pay a $20 million penalty for a series of “serious and unacceptable” failures that lead to excessive fee […]

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CBA says branch arrangements ‘critical’ to defence of $45M rest break case
Employment 2022-03-01 9:39 pm By Sam Matthews

Commonwealth Bank has won more time to examine the particular work arrangements in 24 individual branches, as it fights allegations of systemic failures to provide […]

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CBA wants more info on $45M rest break lawsuit
Employment 2022-02-21 4:21 pm By Sam Matthews

The Commonwealth Bank of Australia wants more details about the Finance Sector Union’s allegations that it failed to provide thousands of employees with paid rest breaks […]

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CBA class action preps for class closure nod from Full Court
Class Actions 2022-02-16 12:52 pm By Cat Fredenburgh

Lawyers leading a class action against the Commonwealth Bank over its alleged money laundering compliance failures are getting their ducks in a row in the […]

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Citing ‘leisure wear effect’, MySuper class action seeks in-person hearing
Class Actions 2022-02-08 3:03 pm By Cat Fredenburgh

The parties in a class action accusing a Commonwealth Bank of Australia unit of breaching its superannuation trustee duties want the matter to be heard […]

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CBA accused of denying workers rest breaks in $45M wage theft lawsuit
Employment 2022-01-21 6:31 pm By Bianca Hrovat

The Commonwealth Bank of Australia has been hit with a $45 million lawsuit by the Finance Sector Union for allegedly failing to provide thousands of […]

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