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MinRes admits it should have disclosed related-party transactions
Energy & Natural Resources 2024-11-13 4:23 pm By Andy Sidler

Facing a probe by the corporate regulator, mining giant Mineral Resources has admitted that it should have disclosed transactions relating to managing director Chris Ellison’s company. 

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Social media companies to face new duty of care regulations
Social Media 2024-11-13 11:18 pm By Cat Fredenburgh

The Albanese government is planning to introduce new duty of care regulations that would require social media companies to take proactive steps to protect users from harm online.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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HFW bolsters insurance team with recruits from Dentons, Meridian
Insurance 2024-11-13 11:10 pm By Julia Kanapathippillai

Law firm HFW has hired two Sydney-based special counsel from Dentons and Meridan Lawyers to boost its growing insurance group.

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WiseTech Global faces class action by shareholders
Technology 2024-11-12 11:14 pm By Christine Caulfield

WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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Cbus dragged to court by ASIC for $20M in claim delays
Financial Services 2024-11-12 11:51 pm By Christine Caulfield

The superannuation fund of the construction industry has been hit with ASIC enforcement action, accused of long delays in processing the death and disability claims of thousands of members.

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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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Honda tells court it should be on the hook for $12M in spat with dealer
Contracts 2024-11-12 11:17 pm By Andy Sidler

Dealer Brighton Automative is gunning for $13.9 million in damages after Honda cut its contract off prematurely, with Honda hopeful the figure is more like $12.1 million. 

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Former PwC partner settles defamation claim over tax leaks statements
Defamation 2024-11-12 11:29 pm By Cindy Cameronne

A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.

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Domestic airfares soared after collapse of regional carrier Rex, ACCC finds
Competition & Consumer Protection 2024-11-12 2:32 pm By Julia Kanapathippillai

Australia’s consumer regulator has found that domestic airline customers are facing less choice and higher prices following the collapse of regional airline Rex.

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