The Australian Competition and Consumer Commission has raised preliminary competition concerns about the proposed merger of insurance giants Aon and Willis Towers Watson to create the world’s largest insurance provider, following investigations in the US, Europe, Canada and New Zealand.
Adelaide liquidator Peter Macks has been hit with a three-year ban after a judge found he forged documents to hinder an investigation by the corporate regulator.
A bill to merge the Family Court with the Federal Circuit Court is expected to pass after independent senator Rex Patrick gave his backing on Tuesday, even as opposition to the controversial legislation mounts.
South Korean car maker Hyundai is facing a possible class action after it recalled over 90,000 cars earlier this month over safety concerns.