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Macquarie plays blame game with car dealers in flex commissions class action
Automotive 2022-04-21 5:33 pm By Sam Matthews

Macquarie Leasing has hit back at a class action over alleged unfair flex commission arrangements with car dealers, saying dealers were not required to propose high interest rates as part of the scheme and that customers were not forced to accept them.

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Aveo says class action opt out notice would ‘scare’ elderly people
Arnold Bloch Leibler 2022-04-21 5:24 pm By Cat Fredenburgh

Retirement home provider Aveo Group has opposed a proposed opt out notice that it says would “scare” elderly people by warning the funder that’s backing a class action against it may seek an “unprecedented” order against certain unfunded group members.

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Judge signs off on $32M in penalties against Westpac
ASIC 2022-04-21 3:47 pm By Cindy Cameronne

A judge has approved $32 million in penalties against Westpac in two cases brought by the corporate regulator accusing the bank of misleading thousands of “vulnerable” customers about their debts and failing to manage the accounts of deregistered companies.

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GM cites force majeure clause in defence to Holden dealers class action
ACCC 2022-04-21 1:48 pm By Cat Fredenburgh

General Motors Holden Australia has denied that it owes compensation to Holden dealers over its decision to retire the iconic brand in Australia, and says its dependence on other GM units to supply the cars constituted “an event beyond its reasonable control”.

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High Court refuses leave to class action in GST case against developer
Anthony McInerney 2022-04-19 6:59 pm By Cindy Cameronne

The High Court won’t hear a challenge to a decision finding a Canberra property developer that misled investors about GST on its apartments did not have to pay for losses alleged in a class action against it.

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Scenic hit with damages of up to $25M in class action over luxury cruise turned bus tour
Celia Winnett 2022-04-14 10:19 pm By Sam Matthews

A judge has made a long-awaited award of damages to travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus from city to city.

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ACCC appeals ruling over Mazda’s ‘appalling’ customer service
ACCC 2022-04-14 9:42 pm By Cindy Cameronne

The consumer watchdog is challenging a court ruling that found Mazda’s treatment of customers with defective vehicles was “appalling” but did not amount to unconscionable conduct.

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CBRE wins appeal over allegedly negligent $27.3M valuation
Amelia Avery-Williams 2022-04-13 9:45 pm By Cindy Cameronne

Real estate giant CBRE Group has won its appeal in a dispute with defunct fund manager City Pacific, which claimed the company negligently valued a Queensland marina at $27.3 million in 2006 and caused millions in losses.

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ACCC accuses Honda of damaging dealers’ business with misleading statements
Automotive 2022-04-13 6:46 pm By Sam Matthews

The Australian Competition and Consumer Commission has taken Honda Australia to court, alleging the car maker made false or misleading representations to customers about two former authorised dealerships.

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ACCC asked to investigate Qantas flight redemption scheme
ACCC 2022-04-12 10:43 pm By Sam Matthews

The Australian Competition and Consumer Commission has been asked to investigate Qantas’ “unworkable” flight credit redemption scheme, which consumer group Choice says places unreasonable hurdles in the way of travellers trying to get a refund or redeem vouchers.

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