The Australian Securities and Investments Commission has suspended the Australian Financial Services licence of a Sydney-based financial services provider that ran a property investment scheme […]
A year after Commissioner Kenneth Hayne released his scathing report, companies in the financial services sector are still facing fresh class actions over conduct aired […]
Commonwealth Bank’s wealth management unit Colonial First State Investments faces a new class action on behalf of hundreds of thousands of customers who were allegedly […]
Two National Australia Bank units have been hit with a class action alleging they violated their duties as superannuation trustees by allegedly failing to transfer […]
A new superannuation bill working its way through the Federal Parliament should include a right of action for employees to seek damages against businesses that […]
Mortgage lending and investment company RMBL has agreed to pay $3 million to settle a class action alleging it charged excessive fees on loans and […]
An IOOF subsidiary has appealed a $76.6 million judgment finding it breached its duty in relation to the sale of a 46,000 hectare plantation by […]
The founder of defunct whitegoods distributor Kleenmaid faces jail time after a jury on Friday found him guilty of 19 charges of fraud and insolvent […]
National Australia Bank will be hit this year with an estimated $750 million in fines stemming from its fees for no service conduct and potential […]
A court has slashed the costs awarded to a Tucker & Cowen name partner in a lawsuit brought by the liquidators of failed fund manager […]