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‘This is ridiculous’: Judge pans Google’s bid for confidentiality in John Barilaro’s case
A bid by Google for a confidentiality undertaking by former NSW Deputy Premier John Barilaro over evidence produced in the politician's defamation case has earned a sharp rebuke by a judge.
ANZ hit with ASIC action over $18.5B home loan ‘introducer’ program
The Australian Securities and Investments Commission has launched court proceedings against ANZ alleging the banking giant's home loan 'introducer' referral program breached credit laws.
Macquarie Group targeted in second class action over $1.8B Nuix IPO
The battle to lead a shareholder class action against Nuix over its $1.8 billion initial public offering is on, with a second class action lobbed that accuses the embattled technology company and underwriter Macquarie of failing to alert shareholders to a slew of "red flags" in the business.
Class action accuses QSuper of overcharging 140,000 members
Superannuation fund QSuper has been hit with a class action for allegedly overcharging up to 140,000 life insurance customers.
Acciona sues to cancel Kwinana renewable energy plant contract due to COVID-19
Spanish infrastructure company Acciona has filed a lawsuit to get out of an engineering and construction contract for the $696 million Kwinana waste-to-energy plant in Western Australia, citing disruptions from the COVID-19 pandemic.
Beach Energy hit with shareholder class action over Western Flank projections
South Australian oil and gas firm Beach Energy has been hit with a class action over allegedly misleading earnings projections for its Western Flank oil and gas reserves in the Cooper Basin.
‘Not a shred of evidence’: Judge questions appeal in HWL Ebsworth negligence suit
A judge has questioned property developer PPK Group's challenge to the dismissal of its long-running negligence case against HWL Ebsworth over the $25.5 million sale of Crown-owned land in Sydney.
Melissa Caddick’s parents may face court battle over $2.6M Edgecliff property
The parents of accused Sydney fraudster Melissa Caddick may need to bring court proceedings to retain their $2.6 million Edgecliff home and recoup $1.2 million they gave to their daughter for the mortgage.
ASIC gets time to mull class action’s bid to ring-fence $7.2M Dixon Advisory penalty
A court has delayed a hearing on a bid by the applicant in a class action against Dixon Advisory to freeze a $7.2 million penalty secured by the Australian Securities and Investments Commission against the self-managed superfund provider so the corporate regulator can consider its position on the request.
ACCC approves NAB’s $1.2B acquisition of Citi’s consumer business
The Australian Competition and Consumer Commission has given the green light to the National Australia Bank’s proposed $1.2 billion acquisition of Citigroup's Australian consumer business, finding the deal is not likely to substantially lessen competition.