The Morrison government has backed down from a plan to end trailing commissions for mortgage brokers, a month after embracing the recommendation from the Banking Royal Commission.
News Corp has called on the ACCC to break up Google, saying the “very serious” step was needed to prevent the search giant from abusing its market power.
Liquidators for the failed Queensland Nickel will be able to interrogate Clive Palmer’s wife over the assets of her husband’s other company, Mineralogy, after telling a court they feared Palmer was squandering company funds on his political campaign.
E-retailer Catch Group has resolved a trade mark lawsuit it lobbed against a popular online classified ads provider over its “Catch of the week” and “Catch of the month” deals.
Jones Day has bolstered its global disputes practice in Melbourne, bringing on experienced international dispute resolution lawyer Leah Ratcliff from BHP.
Telecommunications giant Telstra has taken a Victoria-based green energy company to court, alleging infringement of its trade mark for broadband subsidiary Belong.
National taxi company Black & White Cabs has failed in its bid for a court-ordered injunction forcing Regent Taxis to supply booking and dispatch services to its Gold Coast fleet while the cab companies litigate a case alleging Regent is abusing its market dominance in the region.
An appeals court has dismissed a challenge by Veritas Advisory principal liquidator David Iannuzzi to the admissibility of evidence submitted by the Australian Taxation Office in the agency’s case seeking compensation and a 10-year ban.
The Commonwealth Bank of Australia has launched a bid to stay a shareholder class action brought by boutique law firm Phi Finney McDonald after the firm retreated from a plan to consolidate its case with a competing class action run by rival Maurice Blackburn.
Most of the country’s major financial institutions have still not conducted a systemic review of their fees-for-no-service failures, according to ASIC, which called the delays “unreasonable”.