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AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from "serious misconduct" that came to light curing the 2018 banking royal commission.
The ACCC has opposed IAG’s proposed $1.35 billion acquisition of RACWA's insurance operations, saying the deal would substantially lessen competition for motor vehicle and home and contents insurance in Western Australia.
Construction PRO
A Dexus managed fund has paid $683 million to Scentre Group to increase its stake in Brisbane's Westfield Chermside shopping centre.
Mayne Pharma says it, and not US drug maker Cosette, has terminated their $672 million merger agreement and that it is therefore not on the hook for a break fee.
The competition regulator has cited the public interest in its misuse of market power case against Mastercard in fighting suppression applications by the credit card giant and its heavy-hitter customers, including Coles and Visa.
In a defence to its former chief legal officer's unfair dismissal case, online travel agency Webjet says the sole reason for her sacking was “ongoing underperformance”.
A court has slapped private health insurer Bupa with a $35 million penalty after it admitted to misleading thousands of customers about their benefits for over five years.
The NSW Supreme Court judge who found former rugby league player and teacher Chris Dawson guilty of murdering his wife has retired from the bench.
The High Court has unanimously granted home retailer Bed Bath N’ Table’s appeal of a ruling that retailer House did not engage in misleading and deceptive conduct in setting up its Bed & Bath stores.
The applicant in an immigration detention class action that was discontinued four years ago wants to revive the proceedings, arguing the solicitors and the court misunderstood a High Court decision as dooming the case.