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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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Manus Island security guard sues Maurice Blackburn for negligence
Professional Negligence 2025-01-24 10:28 pm By Cindy Cameronne

A former Manus Island security guard has sued Maurice Blackburn, alleging the firm’s negligence prevented him from receiving higher compensation for his psychiatric injuries.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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In win for union, court muzzles St Vincent’s talk on bed closures
Employment 2025-01-24 11:44 pm By Sam Matthews

A nurses union has won orders barring St Vincent’s Private from representing to nurses that protected industrial action in relation to the closure of beds at various hospitals is unlawful and unprotected.

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Indigenous child removal class actions slam ‘masked’ government files
Class Actions 2025-01-24 10:20 pm By Julia Kanapathippillai

Lawyers representing two class actions against the state of Queensland over alleged unlawful removals of Indigenous children have called on the state to produce unredacted files about the lead applicants.

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Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Securities 2025-01-23 11:27 pm By Cindy Cameronne

Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company’s promises.

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Dominique Grubisa asks High Court to clarify accessorial liability
High Court 2025-01-23 4:06 pm By Sam Matthews

Wealth guru Dominque Grubisa wants the High Court to overturn a finding that she had actual knowledge her company’s statements were misleading, saying the case raises unresolved questions about accessorial liability.

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KFC franchisee forced breastfeeding manager to express milk in tent
Employment 2025-01-23 3:45 pm By Cindy Cameronne

The largest KFC franchisee in Australia has been ordered to pay damages to a former breastfeeding manager after a tribunal found she had to express milk under a tent in a doorless storeroom.

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Construction PRO
Allens poaches real estate partner from Clayton Utz
Real Estate 2025-01-29 4:07 pm By Sam Matthews

Allens has bolstered its real estate team with the recruitment of a long-time Clayton Utz partner to join its Sydney office.

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Ashurst loses real estate partner to Clayton Utz
Real Estate 2025-01-28 11:55 pm By Christine Caulfield

Real estate lawyer Vicki Aron has joined Clayton Utz’s Sydney office as a partner after seven years at Ashurst.

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