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The corporate regulator has caned the super fund industry for its poor handling of death benefit claims it said had “devastating impacts” on members’ grieving relatives.
Albanese government to ban supermarket price-gouging
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The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission’s supermarkets inquiry finding no evidence of excessive pricing.
Hyundai, Kia class actions could expand ‘dramatically’, court hears
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Class actions against Hyundai and Kia over alleged defective anti-lock braking systems could expand “dramatically”, a court has heard, as a contest over competing cases ticks over into a second year.
Light & Wonder faces potential shareholder class action
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Gaming company Light & Wonder is facing a possible shareholder class action for allegedly misleading investors about the growth of its Dragon Train game, which Aristocrat claims its rival developed by misappropriating its trade secrets. Class action firm Phi Finney McDonald…
Lesbian group seeks OK from Full Court to discriminate against trans women
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A lesbian group is challenging the rejection of its bid to be exempt from anti-discrimination laws in order to bar trans women from its events, and wants the appeal heard by the same judges hearing a similar case.
Dexus tells appeals court judge erred in fight with Macquarie over $1.7B shopping centre
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A Dexus property fund has argued that a judge went the “wrong way” in deciding that it was forced to sell its 50 per cent stake in Sydney’s largest suburban shopping centre to Macquarie Retail.
Cushman & Wakefield faces ex-director’s suit over $1.5M sign-on bonus
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A former Cushman & Wakefield managing director has filed proceedings alleging the commercial real estate broker unfairly terminated his employment to prevent him from keeping a $1.5 million sign-on bonus.
Domain to recommend shareholders approve $2.8B CoStar acquisition
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Domain has announced it will recommend shareholders vote to approve a takeover by US real estate company CoStar that values the real estate listing site at $2.8 billion.
HSF advises government-owned green bank on $160M real estate investment
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Herbert Smith Freehills has advised government-owned green bank the Clean Energy Finance Corporation on its $160 million co-investment in sustainable construction projects.
Merkon wins $2.4M in dispute over Hawthorn development
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A developer has been ordered to pay Merkon $2.4 million for construction work on a Hawthorn residential building, with a court finding that the outstanding costs were still payable despite the builder having a stake in the units.