Companies

A judge hearing a class action over the collapse of mining company Cudeco has questioned why, despite an in-principle settlement being reached with auditor KPMG, the parties have not sought to formally dismiss the claim. 

The National Australian Bank says it will take a $130 million hit after issues with its payroll system led to staff being underpaid.

A judge has hit Qantas with a $90 million penalty for unlawfully outsourcing its ground crew staff during the COVID-19 pandemic, saying the airline was “the wrong kind of sorry”. 

The judge overseeing three court proceedings against Optus over a 2022 data breach has questioned why it took the privacy regulator three years to file its case.

The federal government has given Lendlease the final green light for a three-tower residential development on land adjacent to the Queen Victoria Market after almost a decade of planning. 

A landmark finding that Apple and Google misused their market power will boost competition claims -- including class actions -- against other dominant digital market players and could prompt the ACCC to consider action, experts told Lawyerly.  

Seven Network has secured a suppression order over court documents ahead of mediation in a lawsuit lodged by a long-time producer, with a judge agreeing media access to the case may “imperil” the settlement talks.

EY may seek damages against rival consulting firm Alvarez & Marsal after it won preliminary discovery to pursue possible claims over a mass departure of partners and staff from its international tax practice. 

National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.

A prominent Perth property developer who claims he was defamed by two WAToday articles has lost his bid to plead the existence of a conspiracy between publisher Fairfax and others, including Liberal MP Andrew Hastie and the former leader of the WA Liberals.