ACCC won’t oppose Allianz’ tie-up with RAA

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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The ACCC will not oppose Allianz Australia’s plan to acquire the personal insurance business of the RAA after finding the transaction, which is part of a $642 million deal, does not pose a substantial threat to competition in the South Australian…

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Griffith University to pay $8.34M to underpaid staff

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Griffith University has signed an enforceable undertaking to backpay $8.34 million in wages, interest and superannuation to 5,457 staff who were underpaid over a nine-year period.

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Judge grills Arrium class action over potential switch from group costs order to CFO

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A class action against KPMG and former Arrium directors wants to wait for the High Court’s pending ruling on common fund orders before pulling the trigger on a group costs order, a request that earned a judge’s grilling for what she described as a hunt for greener grass.

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Medibank’s bid to keep Deloitte reports from class action sent to Full Court

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A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer’s inhouse lawyer was previously treated. 

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Australian Unity taken to court over $9.5M investment in risky mortgage fund

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The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.

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Sydney Fish Market operator loses bid for stash of docs on new development

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After describing the $836 million project for a new Sydney Fish Market as “an architecturally designed death knell to the NSW seafood industry”, the market operator has mostly lost its application to make Infrastructure NSW hand over 100 project documents.

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Roberts Co picked for Macquarie Steet hotel revamp

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While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney’s Macquarie Street.

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