Most Recent
‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
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 in banking was not a sufficient reason to block the deal.
PwC fined $50,000 over tax leaks scandal
The group that oversees accountants in Australia and New Zealand has slapped PricewaterhouseCoopers with a $50,000 fine over its tax leaks scandal.
Ex-BBY manager charged over $8.4M transfer of client funds before collapse
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.
Online trader Plus500 faces another class action over risky CFDs
London-headquartered online trader Plus500 has been hit with a second class action by investors who lost money trading in highly leveraged financial products.
Investors lost $500M trading CFDs, new class action alleges
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.
CBA reaches settlement in 7-year-old class action by borrowers
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 finally settled, a court has heard. 
AMP to pay $100M to settle BOLR class action
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 loss at trial.
‘Very disappointing’: Judge bemoans delays in QSuper class action
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 in the two-year old case was "very disappointing".
End of the road for Arrium lenders’ case against directors
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 directors did not mislead them about loan drawdown notices ahead of the steel company's $2.8 billion collapse.