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CBA says it wasn’t obligated to roster breaks enshrined in enterprise agreements
Employment 2022-05-17 4:07 pm By Sam Matthews

The Commonwealth Bank of Australia has hit back at a $45 million lawsuit alleging it failed to provide thousands of employees with paid rest breaks […]

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ASIC wins admissions from debt collector that threatened imprisonment
Financial Services 2022-05-16 5:37 pm By Cindy Cameronne

Debt collection agency A&M Group, trading as Debt Negotiators, has admitted it unduly harassed and coerced debtors by repeatedly contacting family, friends and employers and […]

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Consolidation of Dixon Advisory class actions hits snag over funding
Class Actions 2022-05-13 10:20 pm By Sam Matthews

A proposed consolidation of two class actions against collapsed wealth manager Dixon Advisory has hit a snag, with Shine Lawyers wanting to ensure group members […]

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PwC sued over advice on $88M sale of Hudson Pacific to Retail Food Group
Financial Services 2022-05-12 5:59 pm By Cat Fredenburgh

The founder of wholesale food company Hudson Pacific has sued PricewaterhouseCoopers for allegedly providing bad advice on the terms of the $88 million sale of […]

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Judge asks why Banksia class action solicitor hasn’t forfeited fees
Class Actions 2022-05-11 9:48 pm By Christine Caulfield

The judge overseeing the scandal-ridden Banksia Securities class action has questioned why a solicitor on record for the case hasn’t handed over his ill-gotten fees […]

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Banksia class action lawyers’ conduct ‘shocking and unimaginable’, judge told
Class Actions 2022-05-10 11:14 pm By Christine Caulfield

The behaviour of the legal team running the Banksia Securities class action was “reprehensible” and the solicitor who allowed himself to be controlled by lawyer […]

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AMP denies acting unconscionably by charging dead customers for life insurance
Financial Services 2022-05-10 9:50 pm By Cindy Cameronne

AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate […]

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‘I wish I’d never gone to lunch’: Banksia’s ‘postbox’ solicitor rues day he dined with Mark Elliott
Class Actions 2022-05-09 8:59 pm By Christine Caulfield

A solicitor fighting to remain on the roll after his involvement in the infamous Banksia Securities class action has told of his regret at having […]

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KPMG should have advised Gunns to notify growers of new financing, class action says
Class Actions 2022-05-09 10:01 pm By Cindy Cameronne

A class action over the failure of six managed investment schemes for eucalyptus wood in Tasmania has accused KPMG of failing to advise forestry giant […]

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No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
Privacy & Cybersecurity 2022-05-05 12:24 pm By Christine Caulfield

IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security […]

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