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Ex-Kimberley Diamonds exec acquitted in ASIC case
Securities 2018-06-27 4:30 pm By Cat Fredenburgh

The former head of Australian mining company Kimberley Diamonds has been acquitted of charges that he signed off on market statements that assumed luxury retailer Tiffany & Co would pay higher prices for the company’s rare yellow diamonds.

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Herbert Smith Freehills wins case over United’s failed IPO
Corporate 2018-06-26 11:50 pm By Christine Caulfield

Herbert Smith Freehills has prevailed in a suit by United Petroleum alleging the law firm and former United chairman Martin Hudson breached their duties to the company when they pulled a planned initial public offering in 2016.

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BHP faces class action by casual workforce
Employment 2018-06-25 3:45 pm By Cat Fredenburgh

Mining giant BHP Billiton has been hit with two class actions alleging it hired hundreds of mine workers as casual employees to avoid paying proper wages and benefits, and industry heavyweights Yancoal and Glencore may face similar claims in the coming months.

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FWC shoots down appeal of union merger approval
Employment 2018-06-22 11:31 pm By Christine Caulfield

Two employer groups have lost their appeal of a Fair Work Commission decision that signed off on the merger of the Construction, Forestry, Mining and Energy Union with two other unions.

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Cable makers didn’t violate consumer law, judge says
Consumer Goods 2018-06-22 11:38 am By Cat Fredenburgh

A judge has found the Australian Cablemakers Association did not violate the consumer laws when it sent letters to several Ministers complaining that an electrical cable supplied by Midland Metals was unsafe.

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Judge denies climate change challenge to NSW mine expansion
Energy & Natural Resources 2018-06-21 9:55 pm By Miklos Bolza

An environmental group has lost a bid to halt the expansion of an open cut mine owned by a subsidiary of Peabody Energy on the grounds that the regulatory approval for the project failed to assess its greenhouse gas emissions.

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Alinta Energy to refund customers over misleading ads
Competition & Consumer Protection 2018-06-20 11:46 am By Cat Fredenburgh

Alinta Energy has agreed to compensate consumers after making misleading comparisons to competitors’ electricity rates in its advertisements.

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Rio Tinto wins ok for mining patent on appeal
Intellectual Property 2018-06-20 11:32 am By Cat Fredenburgh

Rio Tinto subsidiary Technological Resources has won its appeal of an IP Australia ruling that rejected its mining patent after a challenge by the Commonwealth Scientific Industrial Research Organisation.

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Fourth class action filed over St Patrick’s Day fires
Class Actions 2018-06-18 4:36 pm By Christine Caulfield

Powercor Australia has been hit a class action alleging its negligence led to a fire in the Gazette area of South West Victoria, the fourth class action the electrical distribution company faces over the 2018 St Patrick’s Day fires.

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CFMEU, official fined $50,000 for ‘foul’ rant
Employment 2018-06-14 9:54 pm By Christine Caulfield

The Construction, Forestry, Mining and Energy Union and one of its officials have been fined more than $50,000 after the official targeted a group of Chevron workers with a foul-mouthed “rant” for leaving the union. 

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