Industries

The Australian Securities and Investments Commission will seek to wind up investment firm Falcon Capital after obtaining freezing orders over its assets. 

A judge has thrown out a defamation case lodged by former Sydney Flames head coach Shane Heal, who claimed the club published defamatory public statements over allegations he bullied members.

Westpac has agreed to fork over $130 million to settle a class action over payment of flexible commissions to car dealers, a practice that was banned by the corporate regulator seven years ago.

A group of class actions against healthcare providers in Victoria that allegedly failed to pay junior doctors for overtime have settled for $175 million. 

Two law firms have reached an agreement to join their class actions against Harvery Norman alleging the furniture retailer sold worthless warranties.

The corporate regulator has asked the Full Court to stamp out avenues for corporate mischief, as it challenges a finding about the authorised representative exemption to the licence requirement of financial services providers.

A judge has stayed part of a $2.1 million judgment won under the SOPA Act by a builder contracted to work on an RSL club car park in light of payments owing to a sub-contractor under the Contractors Debts Act.

Sydney homeowners bringing a class action over homes they claim are sinking into the ground have lost their bid for documents recording earthworks performed on the land before it was developed.

An ACT education department official has dodged a costs order in a case she brought -- then dropped -- over a corruption investigation into a contract awarded to building giant Lendlease.

New reports of criminal activity and violence have rocked the CFMEU, with calls from building groups for a "clean up", and a Coalition vow to deregister the embattled construction union and revive the industry watchdog.