Buy now, pay later services will soon be regulated as credit products under proposed changes to the law flagged by the federal government amid concerns about financial risks the service poses to consumers.
The National Australia Bank has flagged a potential strike-out bid against a landmark case by the Finance Sector Union alleging bank managers were required to work unreasonable unpaid hours for years.
Nine has abandoned its truth defence in a case brought by Euro Pacific CEO Peter Schiff over a 60 Minutes report on an international tax evasion investigation, and the bank boss is entitled to judgment in his favour, a court has heard.
A contradictor in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon has told the court of the “extraordinary amount of group member unhappiness” following approval of a $300 million settlement – the largest in the history of Australian product liability group proceedings.
The ABC is relying on a new statutory public interest defence in a defamation case brought by accused rapist Bruce Lehrmann over its coverage of a National Press Club speech by his accuser, former Liberal staffer Brittany Higgins.
A judge has ordered two AMP units to pay a total of $24 million after finding the wealth manager acted unconscionably in charging insurance premiums and advice fees to deceased customers.
A judge has ordered contractor JKC Australia to hand over legal advice relating to a settlement deed it entered with Japanese oil company Inpex in 2021, as it seeks to hold Dutch paint company AkzoNobel NV responsible for its “significant” potential liability under the settlement.
The Australian Communications and Media Authority has found Channel Nine breached privacy rules in a story on A Current Affair about a violent dispute between neighbours in regional New South Wales that went viral on YouTube.
TPG-owned Anew Climate has sued an Australian company that allegedly impersonated a US carbon offset developer by using “bogus” emails to unlawfully receive payments under a $968 million (US$640 million) investment deal, a court has heard.
ANZ will no longer contest liability at trial in a case by the regulator over more than $10 million in cash advance fees charged to the credit card accounts of hundreds of thousands of customers.