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Crypto, greenwashing and predatory lending on ASIC’s radar amid ‘near-perfect storm’
ASIC 2022-11-03 3:15 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission is targeting predatory lending, greenwashing and crypto-assets as rising interest rates cause consumers to turn to fringe sources of credit.

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Class actions against BMW, Mercedes Benz ‘imminent’
Automotive 2022-10-19 11:05 pm By Cat Fredenburgh

Luxury car makers BMW and Mercedes-Benz are facing separate $100 million class actions over the alleged use of cheat devices on emissions tests.

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Santos appeals ruling pausing $4.7B offshore drilling project
Allens 2022-09-28 11:48 pm By Cindy Cameronne Sydney

Santos has filed an appeal after Tiwi Islanders won a Federal Court challenge to a $4.7 billion Barossa offshore gas project, with a judge finding they were not properly consulted about the project, which they say would harm their culture and way of life.

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Tiwi Islanders win challenge to $4.7B Santos offshore drilling project
Allens 2022-09-21 11:29 pm By Cindy Cameronne Sydney

Tiwi Islanders have won a Federal Court challenge to the $4.7 billion Barossa offshore gas project, with a judge finding they were not properly consulted about the project, which they say would harm their culture and way of life.

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ACCC puts ‘greenwashing’ businesses on notice
ACCC 2022-09-20 9:49 pm By Cat Fredenburgh

The consumer regulator has taken a page from ASIC, warning it will take action against businesses that make unsupported environmental or sustainability claims.

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PFAS class action judge questions enforceability of ‘restrictive’ witness undertaking
Australian Government Solicitor 2022-09-05 10:22 pm By Cindy Cameronne Sydney

A judge has questioned how the government can enforce a “restrictive” undertaking with a former member of the Australian Defence Force who will give key evidence in a class action alleging the Commonwealth contaminated Indigenous land with toxic firefighting foam.

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Perth Airport accuses Airservices Australia of PFAS contamination
Aviation 2022-09-01 9:18 pm By Cindy Cameronne Sydney

The operator of Perth Airport has sued government-owned Airservices Australia for allegedly contaminating the airport’s groundwater, which flows into the Swan River, through the use of toxic firefighting foam.

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ASIC warns it will take action against greenwashing
ASIC 2022-08-22 12:44 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has made cracking down on greenwashing one of its top enforcement priorities, as environmental, social and governance proposals by activist shareholders hit record levels.

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Indonesian farmers fight PTTEP’s bid to shut out 15,000 damages claims in class action
Allens 2022-08-05 12:20 am By Cindy Cameronne Sydney

Oil exploration company PTTEP has argued 15,000 Indonesian seaweed farmers who brought a class action alleging their crops were damaged after an oil spill in the Timor Sea will need to individually persuade the court to allow their claims out of time.

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Enviro group derails Chinese mining company’s plans for Tasmanian waste site
Ashurst 2022-07-26 11:27 pm By Sam Matthews Melbourne

A government-approved plan to build a waste facility in western Tasmania has been parked,  after environmental campaigners won a judgment declaring the federal government’s approval of the proposed tailings storage facility was invalid.

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