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ASIC launches two royal commission cases against Commonwealth Bank
The corporate watchdog has brought two post-Hayne Commission proceedings against the Commonwealth Bank of Australia, alleging it upped the credit limit of a known problem gambler and overcharged more than $8 million in fees on its agricultural lending products.
Qantas reports over $7M in underpayments to FWO
Qantas Airways has repaid more than $7 million in underpayments and will make an additional $2 million in 'apology' payments to workers after self-reporting to the Fair Work Ombudsman that it incorrectly calculated the salary of hundreds of staff.
Westpac class action beauty parade is on after new suit filed
Westpac has been hit with another class action over alleged anti-money laundering breaches, teeing up a high-stakes beauty parade over which firm will lead the class action against the bank.
Melco must produce docs to Crown Resorts inquiry, appeals court says
Hong Kong-based casino group Melco Resorts must hand over documents claimed to be privileged to a NSW public inquiry into James Packer's Crown Resorts, with an appeals court ruling the inquiry had the power of a royal commission.
Merivale slams pleadings in $129M underpayment class action
A court has ordered the lead applicant in a $129 million underpayment class action against Merivale to fill gaps in his case, after the hospitality giant complained there was insufficient information as to how the employee's claims related to other workers.
BHP faces $125M tax bill after High Court loss
BHP Billiton must pay $125 million in added taxes after the High Court struck down its appeal in a dispute with the Australian Tax Office over taxes on income from its Singapore marketing hub.
‘Forensic voyeurism’: Judge denies BHP bid for docs in $36M spat with insurers
A subsidiary of BHP Billiton can't get its hands on underwriting documents in its case against Lloyd's of London and Berkley Insurance, which are being sued by the mining giant for over $36 million after allegedly substandard equipment was installed at its Olympic Dam Mine.
Elaine Stead to push ahead with defamation case despite Nine’s ‘inadequate’ defence
Venture capitalist Elaine Stead is pushing forward with her defamation case against the Nine-owned Fairfax Media despite what she has called an "inadequate" third attempt at a defence by the publisher.
Telstra wins dispute with councils over installation of smart payphones
Telstra has won its battle with Melbourne, Sydney and Brisbane over a planned upgrade of its payphone network across Australia, with a judge ruling the teleco did not need planning permits to install the next generation, digital phone booths.
Facebook taken to court by privacy watchdog alleging ‘systemic failures’
Facebook has been hit with regulatory action by the Privacy Commissioner alleging the social media giant exposed the personal information of over 300,000 Australian users to third parties, including Cambridge Analytica, without authorisation.