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Melbourne Uni professor axed for relationship with student wins job back
A Melbourne University engineering professor who was sacked for sending intimate messages to a PhD student has been reinstated after the Fair Work Commission found he was unfairly dismissed.
Payday lenders BSF, Cigno lose appeal in ASIC case
Payday lenders BSF Solutions and Cigno have lost an appeal in action by ASIC alleging they engaged in unlicensed credit activity and charged prohibited fees, in the case's second run up to the Full Federal Court.
Uber driver files FWC case over recurring app malfunctions
A Sydney-based Uber driver has filed a Fair Work Commission case seeking $50,000 in compensation and damages over recurring malfunctions in the rideshare app, saying drivers “should not bear the financial burden of Uber’s technical failures”.
ASIC bans advisers for directing clients to Keystone’s Shield Master fund
Two financial advisers who allegedly recommended a failed fund linked to Keystone Asset Management have been disqualified by the corporate cop.
Judge wrong in case over insurer’s pre-existing condition term: ASIC
The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.
SkyCity investor wants to sue execs to recoup $67M penalty
A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino's money laundering risk, which last year resulted in a $67 million penalty.
Construction PRO
Court hears of accounts ‘oddities’ as trial against Dyldam directors begins
A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.
BHP loses latest ‘same job, same pay’ battle with union
Unions have prevailed in a fight with BHP over Labor's same job, same pay legislation, with a landmark decision ensuring a pay rise for over 2,000 labour hire workers.
ASIC should have known TerraCom case had no chance of success: judge
A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.
ACCC clears DP World’s $174M acquisition of Silk Logistics
The Australian Competition and Consumer Commission has given the green light to DP World's proposed acquisition of Silk Logistics, after finding it was not likely to substantially lessen competition.