Westpac faced another tortuous day at the Banking Royal Commission on Tuesday, with general manager of commercial banking Alastair Welsh under the spotlight for inconsistencies in the bank’s small business lending practices.
The Registered Organisations Commissioner has filed Federal Court proceedings against the Australian Workers’ Union, alleging the union broke the law by failing to keep an accurate register of its members.
A decision on the fate of three class actions against logistics software company GetSwift is set for Wednesday, and counsel behind the competing cases aren’t the only lawyers waiting with baited breath.
China-based food retailer Winha Commerce has secured an interim court injunction barring the Australian Stock Exchange from delisting the company after the exchange issued queries to all Chinese listed companies about problems converting the renminbi.
The Australian Federal Police has settled a malicious prosecution case brought by former CFMEU organiser John Lomax over blackmail charges against the union official that were dropped just months later.
The union representing Dorevitch Pathology workers has settled a Fair Work case against the lab giant over a lockout notice the company sent to staff ahead of last year’s planned strike over pay.
Boutique law firm Phi Finney McDonald is investigating a potential shareholder class action against BHP Billiton over the fatal Samarco disaster in Brazil, which saw the market value of the mining giant plummet by $25 billion.
ASIC’s newly installed chief on Thursday slammed banks and other financial firms for their “trust deficit” and vowed to deploy “every inch of our powers and tools” to go after violators.
Optus was ordered Wednesday to temporarily pull an ad that Telstra alleges makes a false and damaging claim about the superiority of Optus’ mobile network.
Construction, Forestry, Mining, and Energy Union bosses John Setka and Shaun Reardon have walked free from court after prosecutors on Wednesday dropped blackmail charges related to the union’s boycott of Boral concrete.