NAB sued for failing customers in financial hardship Customers facing issues such as domestic violence and serious medical conditions were let down by NAB in their requests for support, a lawsuit alleges. AAP · Nov 18, 2024
ASIC’s lawsuit against Cbus has put the big super funds on notice Does your superannuation fund also provide you with insurance? Many of us are automatically enrolled without even realising. Now, the way super funds handle such claims has been thrust into the spotlight. The Conversation · Nov 14, 2024
Australia’s $3.9tn superannuation sector is under scrutiny. What sparked the Cbus scandal and what does it mean? Asic has lodged federal court proceedings against Cbus after allegations the super fund failed its members ‘at their most vulnerable time’ The Guardian - AU · Nov 14, 2024
Boss 'sorry' as super fund resolves thousands of claims Super fund Cbus has resolved thousands of disability and death claims subject to legal action by the financial regulator, a parliamentary inquiry has been told. AAP · Nov 14, 2024
Super fund in strife over $20m in delayed payments Superannuation fund Cbus has been accused of failing to process $20 million worth of death and disability claims in a timely manner. AAP · Nov 12, 2024
Man charged with murder after woman’s body found in Penrith hotel – as it happened This blog is now closed The Guardian - AU · Nov 11, 2024
Corporate cop wants finer silk to take on big business Commonwealth caps on how much the financial market regulator can pay lawyers are giving major corporations an advantage in court. AAP · Nov 1, 2024
The ‘big 4’ accounting firms often consult for the same clients they audit. Should that be allowed? Public trust in the auditing profession is under intense pressure. A series of high-profile scandals, both in Australia and overseas, has severely damaged its reputation. The Conversation · Oct 31, 2024
Insurer misled with claim on pre-existing conditions Health insurer HCF wrongly claimed it could deny coverage to someone with a pre-existing condition, even if they had not been diagnosed when signing up. AAP · Oct 28, 2024
One ASIC more than enough, says corporate cop chief Splitting the Australian Securities and Investments Commission doesn't have the backing of the chairman who says a funding boost is needed to catch more crooks. AAP · Oct 23, 2024
Regulator sues QBE over broken discounting promise The Australian Securities and Investments Commission has launched civil proceedings against QBE over its discounting claims from 2017 to 2022. AAP · Oct 23, 2024
Harvey Norman misled customers with 'interest-free' ads Retail giant Harvey Norman misled consumers with a widespread ad campaign offering interest-free and no-deposit purchase options, the Federal Court has ruled. AAP · Oct 18, 2024
Could a recent ruling change the game for scam victims? Here’s why the banks will be watching closely In Australia, it’s scam victims who foot the bill for the overwhelming majority of the money lost to scams each year. The Conversation · Oct 18, 2024
How did public service leaders talk to staff about Robodebt? What they said – or didn’t – is revealing In July 2023, after the release of the damning Robodebt Royal Commission report, Prime Minister Anthony Albanese declared: The Conversation · Oct 18, 2024
The Conversation · Oct 9, 2024 Do recent class actions against ‘flex commission’ car loans mean consumer voices are getting stronger? It’s been more than five years since the banking royal commission, but its findings continue to have an impact on the financial services sector.
The Canberra Times · Oct 9, 2024 At least $4 million owed after well-known builders go under One had previous connections with 3 Property Group.
AAP · Sep 25, 2024 Vanguard hit with record fine over $1b 'ethical' fund Vanguard has been hit with the largest fine imposed in Australia for greenwashing, as a court ordered it to pay $12.9 million for financial misconduct.
Newcastle Herald · Sep 24, 2024 Liquidator appointed as Fone Works ordered to wind up shop Newcastle customers were offered specials four days before the order.
AAP · Sep 23, 2024 ASIC lawsuit a warning shot to car dealerships ASIC has said a case against a Sydney car dealership over excessive loans should be a warning to others in the industry that they too will be under scrutiny.
The Conversation · Sep 23, 2024 Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of hundreds of products.
The Guardian - AU · Sep 17, 2024 The Australian tenants who are charged to pay their rent An increasing number of real estate agents are moving tenants’ payments on to so-called ‘rent-tech’ platforms. Renters say they have little power to say no
AAP · Aug 21, 2024 Crying poor claim as insurers accused of price gouging A crackdown on how insurers respond to climate change has been declared by the corporate watchdog, as a union accuses some of the biggest firms of crying poor.
The Guardian - AU · Aug 21, 2024 Labor suspends government work being done by firm accused of fabricating Indigenous data Finance department suspends McNair yellowSquares from contracts until whistleblower claims are investigated
The Guardian - AU · Aug 20, 2024 Whistleblower claims false survey data was provided to Australian defence department Exclusive: Details on a military recruitment survey were allegedly fabricated, claims whistleblower who is seeking protection under Australia’s complex disclosure laws
The Guardian - AU · Aug 19, 2024 Whistleblower claims he was told to fabricate data for AEC during Indigenous voice campaign Fake survey data was supplied on project designed to gauge awareness among Indigenous Australians of referendum process, the market researcher claims