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The Australian Securities and Investments Commission will get a $70.1 million boost to fight corporate wrongdoing as part of a funding package that includes a plan to embed ASIC staff in the big four banks and AMP.
The ACCC is appealing a ruling dismissing its cartel case against Cascade Coal that alleged the company reached an agreement with rival Loyal Coal in the 2009 tender process for mining exploration licences in the Bylong Valley, NSW.
A Big W worker whose on-the-job injury caused her chronic leg and back pain has won $543,000 in damages against Woolworths after the company admitted breaching its duty to the teenager.
The consumer watchdog has filed enforcement action against grain supplier Seednet, alleging the company misled farmers about the quality of its newest barley variety.
Three senior Federal Court judges will hear arguments Monday and Tuesday in a closely-watched appeal of a ruling that stayed two of three competing shareholder class actions against GetSwift as an abuse of process, and the impact of the Full Court's ruling will be felt for a long time to come. Here are five major issues the court will be wrestling with over the next two days.
A judge has dismissed a bid by PriceWaterhouseCoopers to have one of two law firms bow out of a joint class action against the accounting giant after a lead applicant died.
BHP Billiton is facing the possibility of a second shareholder class action over the Fundao dam failure at its mine in Brazil, but the cases may be put on hold pending the outcome of homicide charges against company employees.
Greens Senator Sarah Hanson-Young has followed through on her threat to sue Liberal Democrat Senator David Leyonhjelm for defamation, the first case to be brought by a sitting senator against a fellow politician.
Foreign currency exchange business UAE Exchange Australia will compensate over 200 workers $1.335 million after a Fair Work Ombudsman investigation found the company underpaid wages and illegally forced employees to 'make good' on daily till shortages.
Forcing courts to choose a single winner in the battle over competing class actions would exacerbate the problems of overlapping cases and encourage the race to court, class action powerhouse Maurice Blackburn said Wednesday.