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Builder Watpac hit with $3.5M suit over Werribee sports centre leaks
Construction 2025-05-13 11:15 pm By Christine Caulfield

Watpac faces a lawsuit by Wyndham City Council over alleged leaks from the roof of the redesigned Werribee Sports and Fitness Centre, which it says cost $3.5 million to fix.

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ANZ flex commissions class action asks court not to disturb GCO
Class Actions 2025-05-09 11:27 pm By Sam Matthews

The plaintiff in a flex commissions class action against ANZ has asked the court to approve a $85 million settlement, including a 24.5 per cent group costs order, citing the “considerable risk” involved in running the case.

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High Court won’t hear Dominique Grubisa’s appeal
High Court 2025-05-09 11:13 pm By Cat Fredenburgh

The High Court has rejected a special leave application by wealth guru Dominque Grubisa seeking to overturn a finding that she had actual knowledge that statements made by her company DG Institute to students who enrolled in her courses were misleading.

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Corporate Air goes to High Court over payment for stand-by duty
Employment 2025-05-09 11:03 pm By Christine Caulfield

Aviation company Corporate Air Charter is taking its fight over pilot pay up to the High Court, after twice losing its argument that stand-by duty should not be remunerated.

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Lack of proof in CBA class actions can’t be ‘laid at bank’s feet’: appeals court
Class Actions 2025-05-08 11:34 pm By Cindy Cameronne

The failure of two class actions to prove loss linked to the Commonwealth Bank’s disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings. 

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$59M settlement reached in rate-rigging class action against banks
Class Actions 2025-05-08 11:30 pm By Cat Fredenburgh

A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.

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Keybridge CEO Nick Bolton loses challenge to removal by board
Restructuring & Insolvency 2025-05-08 11:33 pm By Andy Sidler

An appeals court has rejected Keybridge CEO Nick Bolton’s challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active. 

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Construction PRO
Wind farm asks High Court to toss ‘unwise’ ruling on $21M payments to GE, Elecnor
Appeals 2025-05-09 11:04 pm By Andy Sidler

The High Court has been asked to weigh in on whether issue and Anshun estoppel apply to SOP Act claims, with a South Australian wind farm seeking to overturn a ruling ordering it to make a $21 million progress payment to joint venture partners GE Renewable Energy and Elecnor.

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Court orders HCF to pay $750K for misleading life insurance term
Insurance 2025-05-08 11:44 pm By Julia Kanapathippillai

HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.

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CBA shareholder class actions score partial win on appeal, but no damages
Class Actions 2025-05-07 5:25 pm By Cindy Cameronne

Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.

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