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ANZ, Suncorp gear up for fight with ACCC over $4.9B merger
Competition & Consumer Protection 2023-09-12 11:25 pm By Sam Matthews

A battle with the competition regulator over the proposed ANZ, Suncorp tie-up has begun, with the first clash involving a group of rival lenders that […]

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NAB’s cultural review report in ‘boys’ club’ suit protected by legal privilege, says judge
Employment 2023-09-11 6:24 pm By Cindy Cameronne

NAB can shield a report commissioned by its lawyers at Herbert Smith Freehills into the bank’s workplace culture from a former head of repo trading […]

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Mawhinney must pay $1.3M to continue suit against McGrathNicol receivers
Real Estate 2023-09-11 5:09 pm By Cindy Cameronne

Mayfair 101 founder James Mawhinney must pay $1.3 million in security within six weeks or a case brought on behalf of his property management group […]

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NAB sues You Need A Budget app, says brand will confuse Aussies
Intellectual Property 2023-09-08 11:58 pm By Christine Caulfield

National Australia Bank is suing US company You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known […]

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ASIC alleges AustralianSuper caused $69M in member losses
Financial Services 2023-09-08 11:00 pm By Cat Fredenburgh

The corporate regulator has taken the country’s largest superannuation fund, AustralianSuper, to court for allegedly causing $69 million in losses to customers by failing to […]

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ME Bank pleads guilty to misleading borrowers, says crime didn’t hurt anyone
Financial Services 2023-09-07 11:00 pm By Sam Matthews

Direct bank Members Equity has pleaded guilty to criminal charges over misleading representations to customers, but a judge has questioned the bank’s submissions in favour […]

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PayPal taken to court over 60-day deadline for complaints
Financial Services 2023-09-07 12:54 pm By Sam Matthews

The corporate regulator has filed a suit against fintech giant PayPal over a term in its contracts with small businesses that sets a deadline for […]

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ASIC wins case against digital lender Ferratum
Financial Services 2023-09-07 11:41 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against Finnish microloan company Ferratum alleging it overcharged vulnerable, low-income consumers during the height of […]

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Receivers reach agreement with Melissa Caddick’s husband
Restructuring & Insolvency 2023-09-06 11:53 pm By Sam Matthews

The receivers of Melissa Caddick’s estate have reached an in-principle agreement with the Sydney frauster’s husband and son in relation to the division of a […]

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Westpac sued by ASIC for ignoring financial hardship claims
Financial Services 2023-09-05 6:38 am By Christine Caulfield

ASIC has brought court action against Westpac for allegedly dropping the ball on financial hardship claims by customers, some of whom had property seized or […]

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