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‘One hearing and two interlocutory judgments have achieved precisely nothing’: Judge scolds parties in Parklea Market dispute
Real Estate 2020-03-23 6:23 pm By Miklos Bolza

A judge has criticised the parties in a land sale dispute over Sydney’s Parklea Markets for failing to make progress to bring the case to a close, almost three months after a $4.25 million judgment was awarded to a company owned by local retail personality Con Constantine.

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Coronavirus claims first retail victim as Tigerlily files for administration
Restructuring & Insolvency 2020-03-23 5:07 pm By Cat Fredenburgh

Australian swimwear retailer Tigerlily has filed for voluntary administration, citing unfavourable conditions for retailers as the coronavirus pandemic shutters all but non-essential services in major states.

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Costs skyrocket to $315 million in Woolworths underpayments scandal
Employment 2020-02-26 9:33 pm By Alison Eveleigh

Supermarket chain Woolworths, which is facing a class action over its staff underpayments, has admitted the amount owed to workers is at least $315 million, far higher than the company’s initial estimate of $200 million to $300 million.

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Coles faces potential class action over $20M in staff underpayments
Employment 2020-02-21 4:28 pm By Christine Caulfield

Supermarket giant Coles may be hit with a class action after it was revealed on Tuesday that the company owes staff in its supermarket and liquor businesses at least $20 million in pay.

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Wesfarmers says Target underpaid staff $9M
Employment 2020-02-19 11:24 am By Cat Fredenburgh

Wesfarmers has revealed staff at Target stores were underpaid $9 million, one day after Coles announced at least $20 million in underpayments.

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Bunnings’ deal with Adelaide Tools under scrutiny by ACCC
Competition & Consumer Protection 2020-02-14 11:15 am By Christine Caulfield

The ACCC has raised concerns that the proposed tie-up of hardware store giant Bunnings Warehouse and family-owned Adelaide Tools and Oaklands Mower Centre will stifle competition.

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Kleenmaid director gets 9 years in prison for $13M Westpac fraud
White Collar 2020-02-11 12:13 pm By Cat Fredenburgh

A judge has sentenced the founder of defunct whitegoods distributor Kleenmaid to nine years in prison for his role in a $13 million fraud against Westpac, saying it would be “obnoxious and naive” to consider his crimes victimless.

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Myer shareholders get second chance to prove loss in class action
Class Actions 2020-02-03 1:15 pm By Christine Caulfield

After failing to persuade the court at trial, shareholders in a class action against Myer have another chance to prove they suffered financial loss after the department store was found to have repeatedly neglected to correct an inflated profit forecast from former CEO Bernie Brookes five years ago.

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STA Travel makes admissions in ACCC case over hidden fees
Competition & Consumer Protection 2020-01-23 10:18 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission’s case alleging STA Travel hit customers with $1 million in hidden fees and commissions through an add-on that purported to cover the cost of flight changes will go straight to a penalties hearing after the student travel agent made admissions.

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Bed Bath N’ Table casual’s shifts were regular enough for unfair dismissal protection, FWC says
Employment 2020-01-23 2:19 pm By Cat Fredenburgh

A casual worker at Bed Bath N’ Table worked shifts that were sufficiently regular for her to bring an unfair dismissal claim against the homewares retailer, the Fair Work Commission has ruled.

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