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Mastercard risked losing half its revenue from retail interchange fees as a result of the Reserve Bank's least-cost routing initiative, and struck deals with top retailers to defend its core business, a court was told Wednesday.
Construction PRO
A judge has thrown out a law firm's bid to review a costs assessment manager's decision to grant a Sydney silk more time to make a costs assessment application for services he provided almost a decade ago.
EnergyAustralia has lost its appeal of a finding that it's on the hook for portable long service leave for maintenance workers at its Yallourn power station because its significant maintenance activities mean it's 'in the construction industry', a ruling that could affect energy, rail and telecommunications firms.
A judge has ruled that the initial trial in a union’s underpayments class action against McDonald’s will deal with a claim that it knowingly breached the Fair Work Act and that there was a systemic pattern of conduct.
A trial judge has heard that Mastercard's top Australian executives discussed stripping Woolworths of strategic merchant status if the supermarket giant routed customer transactions through the cheaper EFTPOS network.
A judge has found a director cannot represent his company in a legal dispute, noting his use of generative artificial intelligence in written submissions.
Two Sydney University academics facing discrimination suits over alleged antisemitic statements have argued proposed amendments risk blowing up the cases into "another royal commission".
A global settlement may now be within reach in a class action brought by Navy technicians over training contracts after a larger number of same group members' claims have been assessed, a court has heard.
Mastercard's Australia boss was anxious to sign a deal with Woolworths on payments processing after learning that Coles had chosen to route all debit transactions through the cheaper EFTPOS network, a court has heard.
The Full Court has tossed a former Neometals employee's appeal of his failed whistleblower case, finding the company did not believe he had made a protected disclosure when making him redundant despite the company conceding that the was "somebody who frequently raised issues".