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HWL Ebsworth faces OAIC investigation over data breach
Privacy & Cybersecurity 2024-02-21 11:58 am By Sam Matthews

The Australian Information Commissioner has launched an investigation into the personal information handling practices of law firm HWL Ebsworth following a cyberattack that saw the firm’s data dumped on the dark web. 

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Honda says $22M damages bid for axed dealership model needs ‘reality check’
Automotive 2024-02-21 11:37 pm By Cindy Cameronne

Honda has admitted that it owes compensation to a Melbourne car dealer for a deliberate breach of contract following its decision to ditch a dealership model in Australia, but argues a $22 million damages claim by the dealer needs a “reality check”.

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Class action firm’s bid to delay fight over security ‘doctrinally unprecedented’, Beach Energy says
Class Actions 2024-02-21 9:35 pm By Sam Matthews

Beach Energy is fighting a bid to adjourn a fight about security for costs in a shareholder class action until the firm that’s running it has more favourable evidence of its debt financing position, saying the application is “doctrinally unprecedented.”

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Slater & Gordon says lawsuit over private equity takeover names wrong defendant
Securities 2024-02-21 4:11 pm By Christine Caulfield

Slater & Gordon is seeking summary dismissal of a case brought by a shareholder over the plaintiff firm’s takeover by private equity firm Allegro, saying it is not the right target for the claims.

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Clive Palmer takes fight over criminal cases to the High Court
Appeals 2024-02-21 10:51 pm By Cat Fredenburgh

Mining giant Clive Palmer has asked the High Court to hear his challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.

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Cybersecurity threats keep ATO boss up at night
Privacy & Cybersecurity 2024-02-21 11:23 pm By Sam Matthews

The head of the Australian Taxation Office has flagged cybersecurity as one of his greatest concerns amid millions of attempted cyberattacks on the tax office, saying the prospect of a data breach “keeps me awake at night”.

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland. 

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Mecca Brands used maternity leave to ‘test’ whether marketer’s position could be axed, lawsuit says
Employment 2024-02-20 9:57 pm By Cindy Cameronne

The former head of brand marketing at cosmetics retailer Mecca Brands has sued the company and its chief marketing officer for allegedly using her maternity leave as a test to see if her position should be made redundant. 

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Producer sues ABC for $290,000 in alleged underpayments
Employment 2024-02-20 9:30 pm By Cat Fredenburgh

A senior ABC producer has sued the broadcaster, alleging he’s owed $290,000 in underpayments, including for working an average 70 hours a week on the documentary series ‘Australian Story’.

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