The Commonwealth Bank of Australia and other lenders have been warned by the corporate watchdog against a “tick-boxes” approach to reviewing reverse mortgage applications by elderly home owners.
The two criminal cartel cases brought by the ACCC in the past three months are just the beginning, lawyers say, with three or four more criminal matters expected to be brought by the end of the year.
A judge has refused a bid by two Australian companies to shut down a long-running wrongful death case in the US brought by the families of 15 people killed in an air crash near the Lockhart River in North Queensland in May 2005.
Hotel booking site Trivago has been hit with legal action by the consumer regulator alleging the company’s price advertisements were misleading.
The competition regulator has cleared JCDecaux Australia’s multibillion merger with APN Outdoor Group, while oOh!media’s $570 million tie-up with AdShel has also been given the nod.
The bitter dispute between Gina Rinehart and two of her children over billions of dollars in iron ore mining assets may come down to how the High Court interprets a single word in an arbitration clause of agreements signed by the warring family members.
A patent application for a computer-implemented invention filed by Apple may have a shot at approval, with a delegate for IP Australia saying strict tests for patentability should be eschewed in favor of a more holistic approach.
A jury has found the former managing director of South Australian mining exploration company Golden Fields Resources guilty of two counts of insider trading, the corporate regulator said Tuesday.
A helicopter passenger who suffered serious injuries in an accident near Alice Springs has lost a challenge to the dismissal of his case, with an appeals court ruling a Slater & Gordon lawyer’s defective statement of claim — lodged on the last day of the limitations period — was not accepted by a registry of the Northern Territory Supreme Court.
In an escalating battle between the online bookmakers, CrownBet has filed a cross claim in a consumer and trademark infringement lawsuit brought by Sportsbet that calls for the cancellation of its rival’s trade marks.