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Toyota Finance hit with class action over add-on insurance
Toyota Finance has been hit with a class action alleging customers paid thousands for 'junk' add-on insurance, on the heels of a law firm's unsuccessful bid to add the claims to an existing class action over flex commissions. 
ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct
ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as "shocking" and "truly scandalous".
Judge approves ‘high end’ 30% GCO in JB Hi-Fi class action
A judge has approved Maurice Blackburn’s 30 per cent group cost order in a class action against JB Hi-Fi over worthless warranties, noting the 'high end' rate would be reviewed at a later stage.
ASIC hits Kalkine with new licence conditions over customer service advice
The corporate watchdog has imposed extra conditions on Kalkine's financial services licence amid concerns customer service representatives were providing unlicensed advice.
ASIC accuses Snaffle of hefty price markups, excessive interest charges
Australia's corporate watchdog has taken Snaffle to court, alleging the online retailer inflated prices and charged excessive interest under credit contracts.
IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.
Bedshed cops $40K in penalties for alleged misleading NDIS claims
Bedding and mattress retailer Bedshed has paid nearly $40,000 in penalties after the Australian Competition and Consumer issued it with two infringement notices over advertising that claimed its products were approved by the National Disability insurance Scheme.
Court ‘loathe’ to order more discovery in ACCC suit against Mastercard
A judge hearing the ACCC's misuse of market power case against Mastercard has said he’s “loathe” to order any further discovery, as the credit card company argues a fight over waiver of legal professional privilege could involve “potentially enormous” further discovery. 
EnergyAustralia admits carbon credits don’t undo harms of fossil fuels
EnergyAustralia has admitted that its ‘Go Neutral’ carbon offset product did not prevent or reverse the harms associated with the burning of fossil fuels. 
Court asked to sign off on class action settlement with gag clause
A court will be asked to approve a confidential settlement in a class action on behalf of people who purchased off-the-plan homes in the Clydesdale Estate in north-west Sydney that includes a gag clause barring group members from making any public statements about the suit.