Securities
Second law firm investigates class action against Corporate Travel, PwC
Corporate Travel Management and auditor PricewaterhouseCoopers face a second class action investigation after an 85 per cent drop in the travel agency's share price following a year-long trading suspension.
Class Actions
High Court to hear class action appeal against former NAB super trustee
The applicant in a failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has won High Court leave to challenge the dismissal of his case.
Policy and Regulation
Victoria’s WFH laws amended after pushback from business
Victoria's landmark working from home laws have been revised after lobbying from business groups, with the changes meaning employers can temporarily revoke the right if the arrangement becomes unreasonable.
Competition & Consumer Protection
Judge says HelloFresh customers shouldn’t be cross-examined at trial
A judge has expressed concerns about plans to cross-examine consumer witnesses in the ACCC's subscriptions trap case against meal delivery companies HelloFresh and YouFoodz, saying they "shouldn't be put through that".
Competition & Consumer Protection
Jetstar class action files bid to add deceit, consumer guarantee claims
A class action against Jetstar over flight cancellations during COVID-19 wants to add claims alleging the airline breached consumer guarantees and made intentionally false statements to hundreds of thousands of customers.
Financial Services
AustralianSuper agrees to $30M fine over death benefit failures
Australian Super has agreed to pay a $30 million fine in ASIC proceedings over delays in processing almost 7,000 death benefit claims, but a judge has said he does not have enough information to approve the deal.
Class Actions
Class action says Homes Victoria gave tower residents ‘Hobson’s choice’
In reply submissions filed with the High Court, a class action against Homes Victoria over the demolition of public housing towers in Melbourne says residents had no real choice but to vacate and slams the government's attempts to minimise the impact of its decision.
KPMG
KPMG ban on new government work extended to October
A three-month pause on new government contracts with KPMG following claims of misuse of client auditing data has been push out another month.
High Court
Orica shotfirers win High Court fight over long service leave
The High Court has found that Orica shotfirers working at black coal mines are entitled to portable long service leave, overturning a Full Federal Court ruling that found they were not eligible under the coal industry scheme.
Policy and Regulation
Tech Council pans amendment to under-16s law as ‘significant overreach’
The Tech Council has come out against a proposed amendment to a law that would strengthen the government's ability to enforce the ban on kids accessing social media, saying it represents "significant regulatory overreach".
