The corporate regulator has taken Holland Insurance to court, alleging it breached its duty of utmost good faith by taking over three years to resolve an insurance claim.
A lawyer who was fired for allegedly chucking a sickie to watch the AFL Gather Round games in Adelaide was not unfairly dismissed, the Fair Work Commission has found.
ACCC commissioner Liza Carver is leaving the regulator just three years into a five-year tenure, at a time of a noticeable drop in enforcement by the competition cop under Gina Cass-Gottlieb.
Port logistics giant Qube has won the ACCC’s blessing to buy port operations provider MIRRAT under the condition that it agree to not discriminate against downstream competitors at the Port of Melbourne.
The competition regulator has signed off on Woolworths’ acquisition of chilled ready meals supplier Beak & Johnston, finding rival retailers would still have plenty of options for supplying ready meals.
Debt management firm Solve My Debt Now will face trial over claims by the Australian Securities and Investments Commission that it left vulnerable customers worse off, despite indicating last year it would admit liability.
APRA has increased ANZ’s capital add-on requirement by $250 million to account for operational risks, after a report highlighted “persistent and prevalent” problems at the bank.
In a loss for the ACCC, the High Court has found builder J Hutchinson did not arrive at an anti-competitive understanding with the CFMEU merely by yielding to a threat of industrial action.
A judge has thrown out Clive Palmer’s lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.
ASX’s management of operational risk that led to December’s CHESS settlement outage has the corporate regulator and the Reserve Bank “increasingly concerned” and “deeply disappointed”.