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Kmart hit with underpayments class action
Kmart has been hit with a class action on behalf of thousands of salaried managers who allege they were systematically underpaid.
Construction PRO
Woolworths must produce Big W closure strategy docs in row with landlord
A Woolworths entity must hand over documents concerning its plan to close unprofitable Big W stores in a stoush with a Brisbane shopping centre owner over an alleged breach of a 20-year lease.
ASX ‘lacks aspiration’ to oversee critical markets infrastructure, ASIC says
The corporate regulator has delivered a scathing report on exchange operator ASX, finding it has significantly under-invested in technology in favour of delivering short-term dividends to shareholders.
ACCC taps keg supplier’s acquisition of rival for in-depth review
The competition regulator will further probe US keg company MicroStar's proposed acquisition of the assets of rival keg pooling service Konvoy, saying the transaction could substantially lessen competition.
ACCC seeks $36M penalty against Emma Sleep for misleading discounts
The consumer watchdog is pushing for a $36 million penalty against Emma Sleep after it admitted to repeatedly misleading consumers about discounts, but the online mattress retailer says a $2 million fine is adequate.
10-year-old Ford class action goes back up to appeals court
A defects class action against Ford that's been on foot since 2016 is headed to the Full Court again, after a judge recently ruled on two remaining issues in dispute following a High Court ruling on on how reduction in value damages should be calculated.
Construction PRO
Star divests stake in Brisbane’s Queen’s Wharf to Hong Kong partners
Star Entertainment has finalised the first stage of the sale of its stake in Queen's Wharf Brisbane, disposing of its interest in owner Destination Brisbane Consortium to its Hong Kong joint venture partners.
IP Australia says f*ck yeah to vulgar trade mark
Saying swear words are now part of the common vernacular, IP Australia has cleared a vitamin company's foul- mouthed trademark for registration, on the proviso that the branding is restricted to goods aimed at adults.
Fashion brand Portia & Scarlett settles suit against founder
Formalwear brand Portia & Scarlett has resolved a lawsuit against one of its founders alleging she accessed confidential dress designs contained in two computer files.
Shein, Kmart accused of copying designs of Qld clothing company
Queensland-based online clothing shop Sabo Skirt has taken 20 companies to court -- including fast fashion giant Shein and retailer Kmart -- for allegedly selling cheap knockoff versions of its designs.