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National Australia Bank and its home loan lender subsidiary have been ordered to pay a $15.5 million penalty after admitting to mishandling hundreds of customer hardship applications.
EY mulls damages against Alvarez & Marsal for alleged client poaching
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EY may seek damages against rival consulting firm Alvarez & Marsal after it won preliminary discovery to pursue possible claims over a mass departure of partners and staff from its international tax practice.
Ex-MP Andrew Laming wins High Court challenge to Facebook post fines
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The High Court has halved a $40,000 fine received by former Liberal MP Andrew Laming over three Facebook posts that breached electoral rules, finding the penalty should reflect the number of publications rather than the number of views.
Port of Newcastle can’t have declarations in wharfage fee win against Glencore
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A judge has refused a bid by the Port of Newcastle to make declarations following the dismissal of Glencore Coal’s case claiming it was overcharged $874,000 in wharfage fees, saying her judgment was clear on its face.
Media access to Seven producer’s case will likely ‘imperil’ mediation: judge
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Seven Network has secured a suppression order over court documents ahead of mediation in a lawsuit lodged by a long-time producer, with a judge agreeing media access to the case may “imperil” the settlement talks.
Enviro group attacks Tamboran’s ‘gut feeling’ risk assessment of Beetaloo Basin fracking
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Environmental activists seeking to block Tamboran’s gas exploration project in the Northern Territory have criticised the natural gas company’s water contamination risk assessment, telling a court it was based on a “gut feeling”.
NSW Port Authority can shield cabinet docs in $300M suit over Glebe Island deal
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The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.
Court throws out expert evidence in Whyalla Ports dispute with OneSteel
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GFG unit Whyalla Ports has won its bid to rub out some expert evidence put forward by OneSteel about the costs of dismantling and removing assets from the site in their dispute over control of the assets at the South Australian port.
Court declines to order security in SOPA spat over $5.3M apartment project
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A judge has declined to order security in developer Gilridge Investments’ payment claim fight with Diamond Builders over a $5.3 million apartment project, saying the builder failed to show the penniless developer would not be able to cover its costs after completing the troubled project.
Deicorp, Metrics to partner on $1.8B Five Dock development
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Developer Deicorp and Metrics Credit Partners are teaming up on a $1.8 billion apartment project in Five Dock in Sydney’s Inner West.