Most Recent
Apple hits back at patent infringement suit over Touch ID tech
Apple has fired back in a lawsuit alleging its iPhone and iPad devices equipped with Touch ID and Face ID technology infringe patents held by an Australian non-practicing entity, hitting the company with its own case claiming the patents are invalid.
ACCC clears Woodside’s $41B takeover of BHP unit
The Australian Competition and Consumer Commission has will not oppose Woodside Petroleum’s $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.
ACMA slaps Telstra with $2.5M fine over privacy breaches
The Australian Communications and Media Authority has hit Telstra with a record $2.53 million penalty for listing individuals phone numbers in public directories against their wishes.
‘Troubled’ judge won’t sign off on Woolworths class action settlement
Saying it will only benefit the law firm and lead applicants, a judge has refused to approve a settlement in an underpayments class action against supermarket giant Woolworths, which would see no payout to employees.
CBRE can’t dodge Trilogy Funds case over $34.8M valuation
Commercial real estate giant CBRE Group has lost its bid to toss proceedings brought by fund manager Trilogy claiming the company negligently valued a Queensland marina at $34.8 million in 2006 and caused millions in losses.
NAB, HSBC should pay for Dick Smith receivers’ court loss, judge hears
National Australia Bank and HSBC should be "jointly and severally liable" to pay a portion of the costs of a failed case brought by Dick Smith's receivers against the company's former directors because the banks stood to gain financially if the lawsuit was successful, the NSW Supreme Court has heard.
PTTEP appeals win for Indonesian seaweed farmers in oil spill class action
Oil exploration company PTTEP has appealed a judge's findings that oil that gushed from one of its wells in the Timor Sea in 2009 reached the coasts of Indonesian islands and damaged the crops of local seaweed farmers.
ASIC accuses former ANZ unit of overcharging super members $4M
Former ANZ super fund subsidiary OnePath overcharged more than $4 million in superannuation fees, according to regulatory action launched by the Australian Securities and Investments Commission on Tuesday.
ABC settles lawsuit by ‘overworked’ senior reporter
The ABC has resolved a discrimination lawsuit brought by a reporter who claimed she developed a medical condition as a result of being overworked.
Merrill Lynch botched $56M sale of Zip Co shares, lawsuit claims
Two major Zip Co investors have sued Merrill Lynch for allegedly breaching its duties as financial advisor by recommending they sell their shares in the Aussie fintech after September 1 last year, at which point Paypal's announcement that it would enter the buy now, pay later market had sent Zip's share price plummeting.