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ACCC to probe Apple Pay restrictions on banks
Competition & Consumer Protection 2021-09-13 2:26 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows […]

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Halifax investors file Full Court appeal to boost recovery
Restructuring & Insolvency 2021-09-13 1:50 pm By Christine Caulfield

Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased […]

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Blue Sky privilege battle should be fought in class action, judge says
Class Actions 2021-09-09 4:26 pm By Cat Fredenburgh

A dispute over redactions in books and records produced by defunct fund manager Blue Sky to a prospective class action applicant should be hashed out […]

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ACCC signs off on BPAY, eftpos, New Payments Platform merger
Financial Services 2021-09-09 10:13 pm By Christine Caulfield

The ACCC has given the OK to the proposed merger of BPAY, eftpos and the New Payments Platform, saying competition between the three payment system […]

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AMP looks to shield chats with ex-DST director in poaching dispute
Financial Services 2021-09-09 6:24 pm By Cindy Cameronne

Software company DST Bluedoor is fighting to access communications between its former founding director and AMP in a $35.5 million legal stoush alleging the financial […]

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CBA unit faces penalty for misleading superannuation members
Financial Services 2021-09-08 2:25 pm By Miklos Bolza

Commonwealth Bank of Australia unit Colonial First State Investments is facing penalties after the Federal Court found it misled its customers about their rights and […]

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Law firms say government inaction fuelling appetite for climate change litigation
Climate change 2021-09-07 4:16 pm By Miklos Bolza

Two law firms behind landmark courtroom battles over climate change say they’re seeing a greater appetite for litigation by individuals and corporations concerned about the […]

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Global banks sued for withdrawing support for Jabiru satellite
Financial Services 2021-09-07 5:55 pm By Cindy Cameronne

Eight major banks, including Credit Suisse, Deutsche Bank and Citicorp, are facing a lawsuit for withdrawing financial support for a project to build and launch […]

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ASIC’s cybersecurity test case ‘completely incoherent’, IOOF unit tells judge
Privacy & Cybersecurity 2021-09-06 9:47 pm By Bianca Hrovat

An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASIC’s claims in the novel case, describing the regulator’s further […]

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Shareholders fail to prove loss from Babcock & Brown disclosure breaches
Financial Services 2021-09-06 11:49 am By Christine Caulfield

Shareholders of the collapsed Babcock & Brown have failed in their challenge to a ruling tossing their cases for damages for disclosure breaches during the […]

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