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Superannuation funds Hesta and Prime Super have been pinged by the corporate regulator for allegedly greenwashing their investment portfolios.
Trial in pianist’s case against MSO over Gaza remarks stretched to three weeks
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A judge has lengthened the trial in pianist Jayson Gillham’s case against the Melbourne Symphony Orchestra from five to 15 days, noting the substantial number of witnesses and the reputational consequences of the case.
‘An example for industry to follow” Samsung C&T solar farm wins swift approval
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The government has granted speedy approval to a solar farm and BESS on cleared land near Toowoomba in Queensland.
Colonial First State, AIA settle class action for $140M
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Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
Structural design firm found guilty over ‘potentially catastrophic’ wall collapse at Geocon site
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A defunct design firm has been found guilty of health and safety violations after a shoring wall fell down at a Geocon construction site in Canberra, with a magistrate saying the collapse could have caused multiple deaths.
Judge questions ratcheted contingency fee in MinRes class action
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A judge has questioned the tiered structure of a group costs order sought by the law firm running a class action against Mineral Resources, but the firm argued Wednesday it would need the highest rate if a flat fee were ordered.
Law firm client loses High Court case over interest on repaid fees
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The High Court has dismissed a case by a law firm client who claimed he was entitled under the law of restitution to $1.4 million in interest on a $900,000 sum his lawyers repaid in a fight about legal fees.
GrainCorp class action settlement off table, trial back on
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The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.
Reddit, Kick to be included in kids social media ban
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The world-first ban on kids accessing social media will extend to online discussion platform Reddit and live-streaming service Kick, and more platforms could be added to the “dynamic” list, which is subject to review by the eSafety commissioner.
ASIC mulls appeal in conflicted remuneration case against ex-Freedom boss
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ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance’s former boss and another executive over a sales incentive scheme.