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ASIC sets sights on cost of living pressures in 2025 enforcement agenda
Financial Services 2024-11-14 11:26 pm By Christine Caulfield

The corporate regulator has outlined its enforcement priorities for next year, and top of the hit list will be businesses that exploit cost of living pressures.

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ASIC slams ‘false’ premise of payday lender BSF’s appeal
Financial Services 2024-11-14 11:08 pm By Cindy Cameronne

ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.

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Telstra didn’t discriminate against Triple-0 worker with hearing loss: court
Discrimination 2024-11-14 4:51 pm By Julia Kanapathippillai

A judge has found that Telstra did not violate disability discrimination laws when it put a hard-of-hearing Triple-0 operator on leave after she failed a hearing test.

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Insurer Marsh breached obligation in case over $7B Greensill collapse: court
Insurance 2024-11-13 11:16 pm By Cindy Cameronne

A unit of insurer Marsh breached its obligation not to use documents discovered in litigation over the $7 billion collapse of Greensill by using them in an anti-suit injunction bid in the UK, a court has found.

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Novartis loses case against Pharmacor over blood pressure drug
Intellectual Property 2024-11-13 11:44 pm By Sam Matthews

Swiss pharmaceutical giant Novartis has lost its patent infringement case against Sydney-based generics company Pharmacor over a top-selling heart medication.

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MinRes admits it should have disclosed related-party transactions
Energy & Natural Resources 2024-11-13 4:23 pm By Andy Sidler

Facing a probe by the corporate regulator, mining giant Mineral Resources has admitted that it should have disclosed transactions relating to managing director Chris Ellison’s company. 

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Social media companies to face new duty of care regulations
Social Media 2024-11-13 11:18 pm By Cat Fredenburgh

The Albanese government is planning to introduce new duty of care regulations that would require social media companies to take proactive steps to protect users from harm online.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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HFW bolsters insurance team with recruits from Dentons, Meridian
Insurance 2024-11-13 11:10 pm By Julia Kanapathippillai

Law firm HFW has hired two Sydney-based special counsel from Dentons and Meridan Lawyers to boost its growing insurance group.

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WiseTech Global faces class action by shareholders
Technology 2024-11-12 11:14 pm By Christine Caulfield

WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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