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ACCC finds consumers in dark about how their data is used
Privacy & Cybersecurity 2024-05-21 11:26 pm By Andy Sidler

Consumers are “generally unaware” of the extent to which data firms and third parties mine and utilise their data, according to a report by the Australian Competition and Consumer Commission. 

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NT public housing body moves to throw out class action’s racial discrimination claims
Discrimination 2024-05-20 11:32 pm By Andy Sidler

The Northern Territory public housing authority has moved to throw out a class action’s claims that it engaged in racial discrimination by failing to maintain public housing in remote Aboriginal communities. 

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Decision awarding Jaguar class action to Gilbert + Tobin shot down on appeal
Appeals 2024-05-17 11:09 pm By Cindy Cameronne

A decision awarding carriage to Gilbert + Tobin in a class action against Jaguar Land Rover on the condition that it lower its funding rate lacked procedural fairness, the Full Court has found, prompting the firm to team up with its competitor to run the case. 

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Insurers to pay $1M in Axsesstoday class action settlement
Class Actions 2024-05-16 11:26 pm By Cindy Cameronne

Four insurers have agreed to fork over $1 million to settle an investor class action against lender Axsesstoday over an allegedly misleading prospectus for a bond offering, while claims against PricewaterhouseCoopers will move forward.

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ACCC raises concerns over Louis Dreyfus’ proposed takeover of Namoi Cotton
Competition & Consumer Protection 2024-05-16 11:42 pm By Andy Sidler

The Australian Competition and Consumer Commission has expressed concerns that France-based Louis Dreyfus’ proposed acquisition of ASX-traded cotton gin operator Namoi Cotton could substantially lessen competition and lead to higher prices for ginning services.

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‘Well outside the median range’: Judge questions GCO rate in FleetPartners class action
Class Actions 2024-05-15 10:57 pm By Sam Matthews

A judge has expressed concerns about the plaintiff’s proposed group costs order rate in a shareholder class action against fleet management company FleetPartners, saying the purpose of the GCO regime was to lower costs to group members.

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Fee cuts make costs assessor unnecessary in Cosmetic Institute class action, court told
Class Actions 2024-05-13 11:44 pm By Sam Matthews

The plaintiffs in a class action against a group of surgeons who worked for The Cosmetic Institute have told a court that a costs assessment is not necessary to approve a $25 million settlement, which will see $10 million deducted for legal and administrative costs, in light of reductions to the fees. 

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Class action against forex trader Best Leader Markets undefended, court told
Class Actions 2024-05-13 2:34 pm By Cindy Cameronne

A Perth-based forex trader that allegedly failed to return investors’ funds or any profits made on trading has taken no steps in the undefended class action, a court has heard.

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Omni Bridgeway to take $2.1M hit from loss in CBA class actions
Class Actions 2024-05-10 11:52 pm By Cat Fredenburgh

Omni Bridgeway will book a smaller-than-expected loss from its investment in failed shareholder class actions against the Commonwealth Bank of Australia that it spent close to $10 million on, having curbed its exposure by selling a stake in the group proceedings.

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Class action urges Qantas to make good its vow to atone after $120M deal with ACCC
Competition & Consumer Protection 2024-05-09 11:30 pm By Christine Caulfield

The law firm behind a class action over cancelled Qantas flights has confirmed the case continues despite a $120 million settlement with the consumer regulator, and has called on the airline to follow through on its pledge to restore customers’ confidence.

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