A judge has raised concerns about whether an agreed-to $20 million penalty against Westpac’s defunct home loan subsidiary RAMS is enough to deter other lenders from breaking credit rules.
Westpac has lost a dispute with a part-time employee who asked to work from home to care for two young children and was told by a manager that “working from home is no substitution for childcare”.
In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Qantas said Sunday that customer data accessed during a July cyberattack via a third party platform has been published by cybercriminals.
Buildcorp Group is pointing the finger at a host of subcontractors as it fights a case brought by Star Entertainment over allegedly defective combustible cladding at its Sydney casino, which cost $4.4 million to replace.
Two activist groups have launched fresh action against Woodside’s North West Shelf gas project, after the energy company secured final government approval for an extension to the venture.
Commonwealth Bank’s New Zealand unit, ASB Bank, has agreed to pay $119.35 million to settle a class action alleging it failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans.
Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.
A judge has clarified a warning he made to refer lawyers for Alvarez & Marsal to the legal watchdog after hearing of the hefty costs of complying with discovery orders won by rival EY, saying the threat wasn’t directed at counsel.