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ASIC takes Resimac to court for ‘one size fits all’ approach to hardship claims
Financial Services 2025-05-21 12:53 pm By Christine Caulfield

New enforcement action by the corporate regulator accuses home loan manager Resimac of letting down thousands of financially struggling customers who filed hardship applications.

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Court ‘loathe’ to order more discovery in ACCC suit against Mastercard
Competition & Consumer Protection 2025-05-20 11:02 pm By Julia Kanapathippillai

A judge hearing the ACCC’s misuse of market power case against Mastercard has said he’s “loathe” to order any further discovery, as the credit card company argues a fight over waiver of legal professional privilege could involve “potentially enormous” further discovery. 

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Vodafone mulls legal action against Telstra over mobile network reach claims
Telecommunications 2025-05-19 1:52 pm By Julia Kanapathippillai

Vodafone has referred Telstra to the Australian Competition and Consumer Commission, and is considering taking legal action against its rival, over allegations Australia’s largest telco made deceptive mobile network reach claims.

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$7M suit over asbestos-tainted mulch in Sydney parks on ice pending criminal pleas
Environment 2025-05-20 11:02 pm By Christine Caulfield

A NSW Supreme Court judge has stayed civil proceedings relating to asbestos-contaminated mulch found in parks across Sydney amid ongoing criminal proceedings.

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Former EY partner banned for alleged tax evasion
Tax 2025-05-16 4:16 pm By Cindy Cameronne

A former EY partner who is in court over an alleged tax exploitation scheme has been banned for five years by the Tax Practitioner’s Board, which claims he engaged in “serious, deliberate and dishonest” misconduct. 

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Construction PRO
Beacon Minerals geological consultant pleads guilty to insider trading
Energy & Natural Resources 2025-05-16 11:11 pm By Julia Kanapathippillai

A geological consultant for gold mining company Beacon Minerals has pleaded guilty to insider trading, while a former project manager for the company maintains he is not guilty.

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ACCC won’t oppose Cleanaway’s $110M acquisition of Citywide Waste
Competition & Consumer Protection 2025-05-15 3:19 pm By Cat Fredenburgh

The competition regulator will not oppose waste management company Cleanaway’s $110 million acquisition of Citywide Waste, saying the tie-up was unlikely to substantially lessen competition for waste services in Melbourne.

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MinterEllison recruits leading litigator from ASIC
People In The News 2025-05-15 11:31 pm By Julia Kanapathippillai

A litigator with the corporate regulator has returned to private practice, joining BigSix firm MinterEllison as a partner on the dispute resolution team.

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ASIC accuses Macquarie of 14 years of short sale reporting failures
Securities 2025-05-14 11:07 pm By Andy Sidler

ASIC has taken Macquarie Securities to court alleging it failed to accurately report at least 73 million short sales over a period of 14 years.

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Holding Redlich sues ex-Keystone director Paul Chiodo over $327K in legal fees
Business of Law 2025-05-14 11:30 pm By Cindy Cameronne

Law firm Holding Redlich has brought proceedings against former Keystone director Paul Chiodo over $327,000 in legal fees, after acting in ASIC proceedings that raised “grave concerns” that he improperly spent investor funds.  

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