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AMP's chief executive Craig Meller has resigned after this week's shocking revelations that the company misled ASIC over fees charged to customers and may have influenced a Clayton Utz report to the securities regulator.
The corporate regulator has confirmed it is investigating AMP over its 'fees for no service' practice revealed at the Hayne Royal Commission in stunning testimony Treasurer Scott Morrison on Wednesday called "deeply disturbing".
The independence of a report by law firm Clayton Utz to ASIC over AMP's practice of charging customers for services not performed was called into question Tuesday at the Hayne Royal Commission.
A judge has rejected a bid by information services company SAI Global Property to temporarily ban a former sales manager from working for a direct competitor, saying the executive could not have realistically remembered SAI's list of thousands of clients.
The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don't include a proper warning.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.
Myer and its law firm Clayton Utz have won a ruling from the Supreme Court of Victoria ordering the department store's landlords at Chadstone Shopping Centre to pay its full legal bill after it won a multi-million dollar dispute over the terms of their lease.
A judge has given the Australian Competition and Consumer Commission a chance to amend its case against Apple alleging iPhone and iPad users were misled about their rights to have faulty devices repaired free of charge.
A Federal Court judge on Friday signed off on $100 million in settlements between Australia's securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.