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ANZ close to settling class action over ‘junk’ add-on insurance
Class Actions 2022-10-14 4:06 pm By Sam Matthews

Insurer QBE has settled a class action over ANZ’s sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two other named insurers will soon reach a deal to resolve the claims against them.

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Woolworths says 2.2M customers affected by MyDeal data breach
Privacy & Cybersecurity 2022-10-14 3:04 am By Cat Fredenburgh

Woolworths unit MyDeal has begun contacting 2.2 million customers whose data has been compromised in the latest data breach to hit a major Australian company.

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Court sides with Deicorp in $90M suit over sale of properties in Sydney’s Castle Hill
Real Estate 2022-10-14 4:37 pm By Sam Matthews

Property developer Deicorp has secured a win in a lawsuit brought by a Hong Kong real estate billionaire after Deicorp reneged on a $45 million property deal, with a judge finding the purchaser failed to properly nominate its special purpose vehicle under the contract for sale.

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Network Ten stiffed Brisbane GM out of $330,000 in bonuses, lawsuit claims
Employment 2022-10-14 11:04 pm By Cat Fredenburgh

Ten’s general manager, Brisbane has filed a lawsuit alleging the media company owes her $330,000 in bonuses.

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Retail Food Group files bid to quash franchisee class action
Class Actions 2022-10-14 10:56 pm By Cat Fredenburgh

Retail Food Group has filed an application to shut down a class action by former franchisees of its Michel’s Patisserie chain who claim to have suffered losses stemming from changes to the franchise giant’s supply chain in 2015 and 2016.

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Box Hill Institute to pay $33M to settle class action by students
Class Actions 2022-10-13 9:18 pm By Cat Fredenburgh

Vocational education provider Box Hill Institute has agreed to pay $33 million to settle a class action by students who allege the diploma they obtained through the institute did not give them the knowledge or training needed to obtain a commercial pilot’s licence. 

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Medibank the latest victim of cyberattack
Privacy & Cybersecurity 2022-10-13 11:26 pm By Cat Fredenburgh

Medibank has become the latest company to fall prey to a cyberattack, but the health insurer says so far there’s no indication customer data has been compromised.

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High Court dashes Kupang Resources’ bid to see ex-director’s tax docs
Tax 2022-10-13 3:37 pm By Christine Caulfield

Mineral exploration company Kupang Resources has lost its battle for access to documents produced to the ATO by a former director accused of embezzling millions of dollars.

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High Court ends BHP’s campaign to exclude foreign investors from class action
Class Actions 2022-10-12 11:58 am By Christine Caulfield

BHP Group has lost its High Court battle to keep foreign investors from an Australian shareholder class action over the devastating collapse of a Brazilian dam.

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Class action wants AMP, Clayton Utz emails over controversial fees for no service report
Financial Services 2022-10-12 2:57 pm By Sam Matthews

A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly went through 25 rounds of edits with the wealth manager’s inhouse lawyers before being presented to the corporate regulator as independent.

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