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Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.
Federal Court Justice Michael Lee has again weighed in on the use of cost consultants to assess legal fees in class actions, saying that they should be "consigned to the dustbin of procedural history."
The Turnbull government will continue to pursue legislation that would have blocked the merger of the Construction, Forestry and Energy Union with two other unions by submitting the amalgamation to a public interests test.
The Australian consumer regulator has questioned the long-term commercial viability of the NBN, saying consumers may lose their appetite for increased broadband speeds when the network's prices go up.
The Privacy Commissioner on Thursday opened an investigation of Facebook on the heels of confirmation by the social media giant that the data of over 300,000 Australian users may have been improperly harvested.
The head of the Australian Competition and Consumer Commission said Thursday that when it comes to mortgage prices, the behaviour of Australia's big four banks looks more like synchronised swimming than vigorous competition.
Nationwide News has moved to appeal after a ruling in a closely-watched defamation case by actor Geoffrey Rush that struck down one of Nationwide's key defences.
There is nothing novel about a dying mesothelioma sufferer seeking damages for the loss of 17 years' of superannuation and the age pension, the High Court has been told ahead of an expedited hearing on the question of whether the benefits count as compensable loss of earnings in tort cases.
Blue Sky Alternative Investments has asked Australia's corporate watchdog to investigate US hedge fund Glaucus for market manipulation, after a scathing report by the fund last week sent Blue Sky's stock into a tailspin and raised the prospect of a shareholder lawsuit.
The Australian Competition and Consumer Commission gave the go-ahead Wednesday to the $1.3 billion merger of dairy giant Saputo with Australian milk co-op Murray Goulburn, after Saputo agreed to divest the Koroit dairy plant in Victoria.