ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition […]
The group that oversees accountants in Australia and New Zealand has slapped PricewaterhouseCoopers with a $50,000 fine over its tax leaks scandal. In a ruling […]
A former manager of stockbroking firm BBY Limited is the second senior employee to front court faced with criminal charges following the firm’s failure. Sydney-resident […]
London-headquartered online trader Plus500 has been hit with a second class action by investors who lost money trading in highly leveraged financial products. The new […]
Sydney-based online broker International Capital Markets is facing a class action by inexperienced investors who allegedly lost $500 million in trading risky contracts for difference. Law […]
A protracted class action against the Commonwealth Bank of Australia brought by borrowers who claimed they were forced to default on their commercial loans has […]
AMP has agreed to pay $100 million to settle a class action by financial advisers over its buyer of last resort policy, after suffering a […]
A judge has ordered wealth manager Mercer Financial Advice to pay a $12 million penalty for “extremely serious” fees-for-no-service conduct and breaches of its fee […]
A judge has reluctantly granted extensions in a class action over QSuper’s alleged failure to notify members of changes to its premiums, saying the delay […]
The High Court has denied a bid for special leave by the Commonwealth Bank and other lenders to challenge a ruling that found two Arrium […]