Mastercard loses appeal of privilege waiver ruling in ACCC’s case

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Mastercard has lost its challenge to a ruling requiring it to hand over communications about agreements with retailers in a misuse of market power case brought by the competition regulator. 

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Class action loses case over ‘flammable’ Alucobond cladding

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A class action has failed to prove that Alucobond panel manufacturer 3A Composites and supplier Halifax Vogel misled consumers about the allegedly flammable cladding and breached consumer guarantees. 

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Boral urges judge to put down pen until High Court decides CBA cases

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Boral wants a judge to wait until the High Court delivers a judgment in cases against CBA before issuing his decision in shareholder class actions against the building materials giant. But the applicant says the court can’t wait for “perfect clarification” of the law.

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NAB settles union test case over ‘excessive’ work hours

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The Finance Sector Union has reached a resolution with National Australia Bank in a test case by four managers who were allegedly required to work “unreasonable” unpaid hours for years.

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AFL hit with new head knock class action

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The law firm that’s running a class action against the AFL on behalf of players who allegedly suffered on-field brain injuries has filed a new representative proceeding targeting 10 more clubs.

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Ex-ACM head Antony Catalano in row over St Kilda penthouse defects

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Former ACM head Antony Catalano and his wife are seeking compensation over alleged defects in the the façade of their $30 million St Kilda penthouse apartment, while attempting to sell the swanky digs for $6 million less than the initial asking price. 

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Monash College sued for $22M in rent under student housing deal

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The operator of the Urbanest student accommodation in Melbourne has sued Monash College for $22.2 million in damages, claiming the university breached a contract over unoccupied bed rent. 

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Ingenia must repay homeowners after ‘excessive’ rent hike

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A tribunal has dealt a blow to ASX-listed residential park owner Ingenia, ordering it to repay 50 per cent of the rent charged to residents at a Queensland park whose rent was raised by more than 26 per cent following a market review. 

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Blackstone Australian real estate head Chris Tynan steps down

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US-based private equity giant Blackstone has reshuffled the leadership of its Australian real estate arm after head Chris Tynan stepped down for his role following a string of billion-dollar deals.

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