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The federal government has proposed doubling penalties against petrol companies for pricing misconduct to $100 million, as conflict in the Middle East causes prices to skyrocket.
Woolworths seeks more details in exec’s overwork, discrimination case
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Woolworths says it wants more information about an executive’s lawsuit alleging she faced excessive workloads and discrimination after she was diagnosed with an aggressive form of breast cancer.
ACCC, Meta in discovery standoff in crypto ad scam case
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A judge has asked the Australian Competition and Consumer Commission and Meta to resolve their standoff over document discovery in a case over scam cryptocurrency ads on Facebook.
Trike maker locked in recall fight with Target wants to withdraw admission
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Israel-based Smart Trike is seeking to withdraw its admission that it supplied noncompliant convertible strollers to the Australian market in a fight with distributor Target over a recall of the products.
In blow to class action, judge finds Alucobond cladding could be used safely
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A class action has failed to prove 3A Composites and Halifax Vogel misled consumers about allegedly flammable Alucobond cladding, with a judge finding developers and others were responsible for ensuring that it was safely used.
Challenging $10M stamp duty, ISPT says revenue office can’t lump acquisitions
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In a hearing on its challenge to $10.6 million in stamp duty tax, ISPT said Monday Victoria’s State Revenue Office was not entitled to aggregate two acquisitions that increased its stake in the Fort Street Real Estate Capital Fund to 95 per cent.
Rio Tinto’s Tomago Aluminium fails in challenge to $52M valuation
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Rio Tinto’s struggling Tomago Aluminium Company has lost a challenge to a $52 million valuation of the land occupied by its Hunter Valley smelter, despite arguing the sum was too high in light of electricity costs and the limited pool of notional buyers.
NewSat faces guillotine order over $10M in security for lenders’ costs
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Defunct telecommunication company NewSat has until 7 April to pay security for defence costs in a case against a group of lenders that withdrew financial support for the company’s satellite project.
Judge won’t make ‘unnecessary’ freezing orders in defects case against Mariners
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A judge has dismissed an application for a freezing order against the developer behind a NSW Central Coast office block at the centre of a class action over defects including sub-par air conditioning.
John Holland, CPB fined over asbestos-laced mulch at Rozelle Parklands
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John Holland and CPB Contractors have agreed to pay $150,000 after mulch which contained fragments of asbestos was found at Sydney’s Rozelle Parklands in January 2024.