Events

A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.

Victoria will pay $125 million in a settement finalised on Monday in a class action over the state's COVID-19 hotel quarantine program.

Qantas has agreed to pay $105 million to settle a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic. 

A class action on behalf of tens of thousands of KFC workers who were allegedly denied rest breaks has settled for around $29 million. 

The High Court is set to weigh in on part of an 1881 law invalidated by the NSW Court of Appeal when the state premier’s chief of staff skirted a bid to compel him to give evidence to a parliamentary committee.

Racing NSW is planning to appeal a ruling that found its appointment of an administrator to the owner of Sydney's Randwick Racecourse over financial concerns was invalid, saying the court's decision puts it in a "precarious" position.

A judge has struck out a crypto company's injurious falsehood case against the Sydney Morning Herald's publisher after finding its statement of claim did not plead a cause of action.

A judge has approved a settlement with KPMG in a shareholder class action over the collapse of mining company CuDeco, as well as a distribution scheme that will see payments to the funder but not group members.

The High Court has agreed to hear Otsuka's appeal of a decision that revoked its Abilify patent extension, which Otsuka argued would “lead to a groundswell of court proceedings”.

The High Court has declined to hear a challenge to an appeals court ruling that found mining companies AngloGold and IGO Limited did not need to renegotiate native title approvals when they consolidated 31 existing mining leases into one.