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NAB super fund trustee says failed class action rejected $25M offer
Financial Services 2025-02-12 2:42 pm By Cindy Cameronne

Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.

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Lendlease abandons $10M land claim in fight with Macarthur-Onslow family
Real Estate 2025-02-14 3:11 pm By Cindy Cameronne

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

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Silk settles fight with Telstra over email bounce-backs
Telecommunications 2025-02-10 11:43 pm By Cat Fredenburgh

A senior barrister has reached a settlement with Telstra in his suit alleging the telco flagged his emails to Bigpond addresses as spam and failed to send them. In a suit filed in July in the Federal Circuit and Family Court, Brisbane-based silk Anthony Morris KC alleged that since an unknown date, estimated to be…

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AGL appeals $25M penalty for overcharging welfare recipients
Energy & Natural Resources 2025-02-10 11:11 pm By Christine Caulfield

Energy company AGL is fighting a $25 million penalty imposed by a court for continuing to deduct payments from hundreds of welfare recipients after their accounts were closed.

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Judge allows tweaks in case against CBA, Westpac over financing for Perth development
Construction 2025-02-11 11:54 pm By Andy Sidler

A guarantor of developer Westgem Investments can amend her claim against Westpac and the Commonwealth Bank related to the financing for a commercial development in Perth’s Raine Square.

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Court rules against Citylink in toll dispute with Eastlink operator
Transportation & Infrastructure 2025-02-07 11:45 pm By Andy Sidler

CityLink operator CML has been overcharging Eastlink operator ConnectEast for ‘roaming fees’ in an arrangement that allows customers to use one account over both toll roads, a court has found.

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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Judge rejects ‘hopeless’ appeal over Latitude Financial data breach
Privacy & Cybersecurity 2025-01-17 10:13 pm By Sam Matthews

A self-represented customer of Latitude Financial has lost his bid to challenge a decision throwing out his data breach lawsuit against the non-bank lender after he defaulted on court orders.

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‘What’s done is done’: Judge defers penalty hearing in Harvey Norman case
Competition & Consumer Protection 2025-01-17 3:04 pm By Sam Matthews

A judge has deferred the question of what penalties Harvey Norman and Latitude Finance should face in a case by ASIC until their appeals are heard, noting the “regrettable” fragmentation of the case. 

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Judge takes red pen to Destec trade secrets case against MinRes employee
Intellectual Property 2025-01-16 11:16 pm By Cindy Cameronne

A judge has struck out engineering firm Destec’s claim that an ex-director used confidential information in developing an ore transport system for MinRes, but has given it a chance to replead.

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