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‘They’re not going to get anything until 2030’: Irate judge slams delays in live export ban case
Agriculture 2023-04-21 3:38 pm By Sam Matthews

A judge has railed against continuing delays in a class action against the Federal Government over its total ban on live cattle exports to Indonesia in 2011, as group members continue to go unpaid almost three years after a ruling awarding $2.9 million to the lead applicant.

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High Court grants special leave to Dick Smith execs
High Court 2023-04-21 11:57 pm By Cat Fredenburgh

The High Court has agreed to hear the appeals of two former Dick Smith exes following judgments that awarded a total of $55 million in damages to NAB and the receivers of the defunct electronics retailer.

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Tyro customers to get 40% of settlement in EFTPOS outage class action
Class Actions 2023-04-21 4:22 pm By Christine Caulfield

Retailers represented in a class action against Tyro over an EFTPOS outage will get 40 per cent of a settlement with the fintech after a funding commission and fees are deducted.

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Mayfair 101 loses High Court bid to appeal $30M win for ASIC
Financial Services 2023-04-21 11:15 pm By Christine Caulfield

The High Court has rejected investment group Mayfair 101’s bid to challenge a $30 million penalty following a judge’s finding that it misled investors about the risk profile of its financial products.

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Class action filed over COVID-19 outbreak at Newmarch House
Class Actions 2023-04-21 2:22 pm By Cat Fredenburgh

A class action has been filed on behalf of 25 people whose loved ones died during a COVID-19 outbreak at the Newmarch House in Sydney.

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Optus hit with class action over data breach
Privacy & Cybersecurity 2023-04-21 1:00 pm By Cindy Cameronne

Optus has been hit with a class action on behalf of current and former customers whose personal information was exposed in a massive data breach last September that affected up to 10 million people. 

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Lachlan Murdoch drops defamation case against Crikey publisher
Defamation 2023-04-21 12:20 pm By Cat Fredenburgh

Fox News CEO Lachlan Murdoch has dropped his defamation lawsuit against Crikey publisher Private Media over an article that allegedly linked him to the January 6 attack on the US Capitol.

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Banks face ACCC scrutiny over interest rate-setting
Financial Services 2023-04-21 11:23 pm By Christine Caulfield

The competition and consumer regulator is examining how banks set interest rates on savings accounts and why they are not in line with the Reserve Bank’s cash rate increases, as part of an inquiry launched in February.

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Qantas asks for meeting with ACCC after Alliance acquisition hits wall
Aviation 2023-04-20 11:14 am By Christine Caulfield

The competition regulator has opposed Qantas’ acquisition of Brisbane-based regional airline Alliance Aviation Services, saying the deal was likely to substantially reduce competition in air transport for mining companies in Western Australia and Queensland.

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The Reject Shop hit with underpayments class action
Employment 2023-04-20 10:12 pm By Cat Fredenburgh

Discount retail chain The Reject Shop has become the latest Australian company to be stung with an underpayments class action.

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