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ASIC puts banks on notice after review shows ‘extremely poor value’ of credit insurance
Financial Services 2019-07-11 6:47 pm By Amelia Birnie

The corporate watchdog has warned “robust” enforcement action is on the cards for banks and lenders, after a review found consumer credit insurance policies to be “extremely poor value for money”, paying out as little as 11 cents per dollar spent in premiums on average.

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Law firm mulls Mitsubishi fuel label class action after man wins $40,000 for misleading sticker
Class Actions 2019-07-11 4:07 pm By Amelia Birnie

Mitsubishi Motors is facing a class action investigation over allegedly misleading Triton 4WD fuel consumption labels that were at the centre of an individual consumer case that resulted in a $40,000 refund.

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NSW Health to face underpayment class action by junior medical officers
Employment 2019-07-11 2:23 pm By Miklos Bolza

NSW Health is facing a potential class action alleging it underpaid junior medical officers who were denied wages for unscheduled or non-rostered hours worked.

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Thousands of disabled workers share $109M class action settlement
Class Actions 2019-07-11 2:04 pm By Miklos Bolza

Almost 7,000 disabled workers have been repaid $109 million in wages as part of a class action settlement distribution that has been called a “fitting end to an historic fight”.

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Law firms can push on with separate class actions against CBA under cooperation deal
Class Actions 2019-07-10 8:33 pm By Amelia Birnie

Rival law firms Maurice Blackburn and Phi Finney McDonald will be allowed to work together without consolidating their separate shareholder class actions against the Commonwealth Bank of Australia, after a judge ruled that the bank had overstated the potential for extra costs and delays.

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Judge grants costs for anti-suit injunction after Ford class action ‘misadventure’
Class Actions 2019-07-10 4:11 pm By Miklos Bolza

The Federal Court has granted auto giant Ford’s request for the costs of an anti-suit injunction it sought in the PowerShift transmission class action that was ultimately unnecessary after the class was denied its bid to access discovery from similar proceedings in the United States.

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NAB super fund trustee faces $100M class action over excessive fees
Class Actions 2019-07-10 11:32 am By Miklos Bolza

A NAB-owned trustee is facing a possible class action over $100 million in allegedly excessive fees charged to super fund members.

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Queensland settles landmark stolen wages class action for $190M
Class Actions 2019-07-09 5:04 pm By Miklos Bolza

The Queensland government has agreed to pay $190 million to resolve an historic class action on behalf of 10,000 Indigenous workers for unpaid wages spanning over 30 years.

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Group members set to get nothing in St Patrick’s Day bushfire class action settlement
Class Actions 2019-07-09 4:16 pm By Amelia Birnie

A settlement has been reached in the second of four St Patrick’s Day bushfire class actions filed by Maddens Lawyers, under which energy distributor PowerCor will be released of any liability and group members will walk away with nothing.

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Bayer hit with class action over contraceptive implants
Class Actions 2019-07-09 4:11 pm By Miklos Bolza

Slater & Gordon has filed a class action against life sciences giant Bayer over allegedly defective contraceptive implants that caused serious side effects, requiring many patients fitted with the devices to have hysterectomies.

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