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NAB denies claims in union test case, says any extra work hours not unreasonable
Employment 2023-07-13 3:05 pm By Gareth Baker

National Australia Bank says employees suing the company for years of alleged unpaid overtime have failed to prove the work asked of them was unreasonable, in response to a test case that could affect up to 10,000 staff. 

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Third class action law firm circling IG Markets over risky CFDs
Class Actions 2023-07-12 11:15 pm By Christine Caulfield

Online trading platform IG Markets is facing more scrutiny over its marketing of risky financial products, with a third law firm investigating a class action for everyday investors who have lost money.

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BHP unit brings High Court challenge over Christmas Day work
Appeals 2023-07-12 4:25 pm By Cindy Cameronne

BHP in-house labour hire provider Operations Services has filed for special leave to appeal to the High Court a finding that it unlawfully required its coal miners to work on Christmas Day and Boxing Day.

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CBA faces action over work from office mandate
Financial Services 2023-07-12 4:55 pm By Christine Caulfield

The Finance Sector Union has brought action in the Fair Work Commission over the Commonwealth Bank’s decision to force employees to return to the office.

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ASIC wins hard-fought case against payday lenders after High Court challenge
Financial Services 2023-07-12 9:31 pm By Cindy Cameronne

ASIC has won orders declaring that Gold Coast-based BHF Solutions and Cigno needed a credit licence to issue loans to hundreds of thousands of customers, after the High Court tossed a challenge by the payday lenders.            

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Nuix’s discovery bill questioned in legal costs fight with former CEO
Employment 2023-07-12 3:41 pm By Gareth Baker

A court has queried Nuix’s claim for $500,000 in discovery expenses in an unsuccessful suit by former CEO Edward Sheehy over share options, and has said the legal bill of Sheehy would be taken into account in calculating Nuix’s costs.

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Judge approves $450M penalty against Crown in AUSTRAC case
Gaming 2023-07-11 4:51 pm By Sam Matthews

A judge has approved a $450 million penalty put forward by Crown Resorts and AUSTRAC despite reservations about evidence going to the casino operator’s financial position.

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AUSTRAC’s history of agreed penalties could create a moral hazard, judge says
AUSTRAC 2023-07-11 4:02 pm By Sam Matthews

The judge asked to approve a proposed $450 million penalty in AUSTRAC’s case against Crown Resorts has questioned whether the practice of regulators settling enforcement action ahead of trial gave rise to a “moral hazard” problem.

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Ben Roberts-Smith appeals after court finds he committed war crimes
Appeals 2023-07-11 3:27 pm By Cindy Cameronne

Former SAS corporal Ben Roberts-Smith has filed an appeal after he lost his defamation case against Nine-owned Fairfax in a ruling that found he committed murder in Afghanistan and was not a reliable witness. 

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Downer EDI class actions call for stay of rival cases in four-way fight
Class Actions 2023-07-11 5:13 pm By Christine Caulfield

The applicants in competing class actions against Downer EDI have set out their proposals for the courts overseeing the cases, with two calling for orders staying the proceedings of their rivals, and another seeking consolidation.

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