The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.
The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland.
The former head of brand marketing at cosmetics retailer Mecca Brands has sued the company and its chief marketing officer for allegedly using her maternity leave as a test to see if her position should be made redundant.
A senior ABC producer has sued the broadcaster, alleging he’s owed $290,000 in underpayments, including for working an average 70 hours a week on the documentary series ‘Australian Story’.
A judge has ordered Seven Network to pay $35,000 to a man who said he was defamed by the broadcaster, finding that he “spat towards” but not at the alleged rape victim of rugby league footballer Jarryd Hayne.
A woman who secured a $650,000 settlement from Coles after allegedly slipping on water at a Penrith, NSW supermarket may see just over five per cent of the sum after fees by the two law firms that represented her, as well as deductions by Medicare and Centrelink, a judge has said.
National Australia Bank has lost its bid to shield a case by a Melbourne gold bullion dealer after a judge said one of the bank’s arguments for suppression had “the air of a Kafka novel”.