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CSR has been hit with a competition case alleging it abused its dominance by increasing prices of its insulation products during the pandemic.
Bupa admits unconscionable conduct, agrees to $35M penalty
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Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.
Class action seeks to intervene in ASIC’s suit against RAMS
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Former franchisees involved in a class action against RAMS are seeking to intervene in ASIC civil penalty proceedings against the defunct Westpac subsidiary.
Ceerose says Sydney apartment owners may have ‘engineered’ relationship breakdown
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The developer of a Sydney apartment block has appealed a decision that awarded the owners corporation $1.95 million, arguing the owners may have manufactured a relationship breakdown to escape their obligations.
RSL club can raise set-off as defence in dispute with subcontractor
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An RSL club can raise a set-off defence against a subcontractor’s claim under the Contractor’s Debt Act, after a judge rejected the subcontractor’s argument that the defence was barred by a provision of the SOPA.
Downer EDI sells stake in transport JV with Keolis for $132M
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Downer EDI has sold its 49 per cent stake in a bus and light rail joint venture with French public transport operator Keolis for $132 million.
Six-storey retail complex in Melbourne sold for $80.1M
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A six-storey shopping centre in Melbourne’s CBD has been snatched up for $80.1 million by a private investor.
Belmont Citi Shopping Centre fetches $40M
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The Belmont Citi Shopping Centre has changed hands after 27 years, with a private investor scooping up the popular NSW shopping destination for $40 million.
Appeal filed in failed class action against ex-CBA unit Count Financial
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Another failed class action is headed to the Full Court, with a case against ex-CBA unit Count Financial appealing a ruling that found advisors did not breach their duty to act in their clients’ best interest.
iPhone class action against Apple dropped
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A judge has approved a bid to discontinue a class action against Apple over updates that allegedly “throttled” the performance of iPhones, after the lawyers running the case failed to secure litigation funding.