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The Australian Competition and Consumer Commission currently has twelve misuse of market power investigations underway, one of which will likely make it to the courthouse before the year is up.
ACCC’s Sims says ‘strong competition’ lacking in retail banking sector
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ACCC Chair Rod Sims reiterated concerns about the lack of competition in the retail banking sector on Wednesday, but shut down media reports that the competition regulator is pushing for a royal commission-scale inquiry into the big four banks.
In new class action defence, Scenic Tours says passengers can’t rely on it to control weather
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A class action alleging travel agency Scenic Tours owes damages to European cruise passengers forced to take buses when heavy rain flooded waterways is still proceeding despite an impending High Court appeal, with the tour company now seeking to argue in an amended defence that class members could not reasonably rely on it to control water levels.
Aurizon files lawsuit over sale of Genesee & Wyoming’s Australian assets
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Australian rail freight operator Aurizon has launched a lawsuit against US-based shortline railroad firm Genesee & Wyoming seeking damages over the impending sale of its Australian assets.
Law firms offer to join forces in competing Lendlease class actions
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The plaintiffs firms running rival shareholder class actions against construction giant Lendlease have pitched a proposal to join their competing cases, a plan that should find favour with the judge overseeing the cases, who recently forced the consolidation of three duplicate class actions against failed engineering firm RCR Tomlinson.
Family tries again for cut of Malaysia Airlines class action settlement
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The family of an Australian national who was killed aboard Malaysia Airlines flight MH17 is challenging a ruling that blocked it from participating in a recent class action settlement.
Workpac wants stay of class actions amid looming Full Court ruling on casuals
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Labour hire company Workpac is seeking to stay two class actions over leave entitlements allegedly owed coal miners, amid a looming judgment from the Full Federal Court that will clarify the definition of casual employees.
ABC keeps up fight for federal police docs behind search warrant
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The ABC is challenging a court ruling last month that rejected its bid to access documents behind the Australian Federal Police’s warrant to search its headquarters and partially blocked an application to amend claims in its case over the legality of the raid.
MACH Energy settles $20M lawsuit by former director
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Mining firm MACH Energy has resolved a lawsuit brought by a former director seeking $20 million in shares allegedly owed under an equity incentive scheme.
Federal Government to face class action over ‘illegal’ Centrelink robodebt scheme
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The Federal Government is facing a class action over its Centrelink robodebt scheme that alleges 400,000 notices issued by Centrelink since 2016 have illegally sought to recover debts.