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CBA to backpay staff $3M to settle rest break lawsuit
CBA 2023-08-23 10:01 pm By Cat Fredenburgh

The Commonwealth Bank of Australia has agreed to backpay thousands of branch staff $3 million to settle a lawsuit alleging it failed to provide employees with paid rest breaks for at least six years.

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Developer takes aim at agent over sales in Sydney’s Boomerang building
Construction 2023-08-23 4:04 pm By Cindy Cameronne Sydney

Developer CHP Group has accused real estate agency Maison Global of having a conflict of interest while selling apartments in Sydney Olympic Park’s latest high-rise the Boomerang building due to a separate arrangement with a different developer. 

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Virgin class action a lawyers’ feast after judge joins insurers
Baker McKenzie 2023-08-22 12:47 pm By Sam Matthews Melbourne

A class action against Virgin Australia has become a lawyers’ feast, with seven new firms entering the ring after a dozen insurers were joined to the action alleging the airline failed to disclose its true financial position in a $324 million capital raising prospectus.

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Ex-G8 Education chair suffers another loss in challenge to ASIC examination
ASIC 2023-08-22 10:29 pm By Sam Matthews Melbourne

Former G8 Education chair Jennifer Hutson has lost an appeal of a decision that found she was not unlawfully examined by the corporate regulator over the childcare company’s $162 million hostile takeover bid for Affinity Education Group.

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Murdoch coughs up $1.3M in Crikey’s legal costs of defamation case
Clarissa Amato 2023-08-22 11:07 pm By Sam Matthews Melbourne

Fox News CEO Lachlan Murdoch has paid $1.3 million to Crikey publisher Private Media for costs incurred successfully defending his defamation suit.

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Wealth guru Dominique Grubisa can’t get more detail about ACCC’s case
ACCC 2023-08-22 1:42 pm By Cindy Cameronne Sydney

Dominique Grubisa has come up short in her bid to have the Australian Competition and Consumer Commission file formal pleadings in its case alleging she misled students enrolled in her real estate investing and wealth management courses.

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AMP to pay $110M to settle shareholder class action
AMP 2023-08-21 11:30 am By Cindy Cameronne Sydney

A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million. 

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Class action says Qantas got ‘$1B in interest free loans’ from COVID-19 cancellations
Aviation 2023-08-21 12:34 pm By Cindy Cameronne Sydney

Qantas faces a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after flights were cancelled during the COVID-19 pandemic.

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Multiplex sues Star-owned consortium over $2.6B Queen’s Wharf construction
Construction 2023-08-21 3:26 pm By Cindy Cameronne Sydney

A Star Entertainment joint venture has been hit with a lawsuit by the Queensland arm of Multiplex Constructions over alleged costs overruns in the construction for a multi-billion-dollar resort in Brisbane. 

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Woodside faces legal challenge to Scarborough gas project
Construction 2023-08-21 12:03 pm By Cat Fredenburgh Melbourne

A traditional custodian has taken Woodside Energy to court in a bid to halt offshore seismic blasting for its Scarborough gas project, in a legal challenge similar to one that put Santos’ $4.7 billion Barossa project on ice.

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