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Australia Federal Treasurer Jim Chalmers approved ANZ’s $4.9 Introduced in 2022, the proposal sought to integrate Suncorp’s banking operations into ANZ’s portfolio, allowing Suncorp to focus on its insurance business. billion takeover of Suncorp’s banking division on Friday.
million) with Australia’s largest banks and insurers. The settlement is the result of several class action lawsuits filed by the firm on behalf of bank customers who were improperly sold insurance policies when they took out loans or obtained credit cards from the banks.
The Australian government Monday released a paper outlining Australia’s plan to become “the most cyber secure nation by 2030.” O’Neil emphasized that Australia’s current “patchwork of policies, laws and frameworks…are not keeping up with the challenges presented by the digital age.”
Australia Minister for Health and Aged Care Mark Butler Tuesday announced an investigation into the nation’s Medicare system after a joint investigation by expert Margaret Faux, the Australia Broadcasting Corporation, t he Sydney Morning Herald and the Age alleged that an estimated $8 billion AUD ($5.031 billion USD) is misspent each year.
By Poomintr Sooksripaisarnkit Lecturer in Maritime Law, Australian Maritime College, University of Tasmania Introduction On 14 th February 2024, the High Court of Australia handed down its judgment in Carmichael Rail Network Pty Ltd v BBC Chartering Carriers GmbH & Co KG [2024] HCA 4.
On 10 November 2021, the Supreme Court issued an interesting decision in the matter of Chahrouk v Allianz AustraliaInsurance Limited [2021] NSWSC 1457 (10 November 2021).
By Jie (Jeanne) Huang, Associate Professor, University of Sydney Law School Australia. In 2013, the plaintiffs, ePayment Solutions Pty Ltd (EPS) and RCD Holdings Ltd (RCD) concluded a written contract with the defendant, LT Game International (Australia) Ltd (LT) about the development and installation of a computer betting game.
The Australian National Disability Insurance Scheme (NDIS) Commission Monday released a report detailing 7,000 complaints – including sexual misconduct, serious injury, abuse and neglect – in connection with the supported accommodation services, specifically group homes.
million customers Monday announced a landmark Australian data breach class action plan against insurance provider Medibank after entering a joint cooperation agreement the previous week. The post Three Australia class action firms to cooperate over Medibank data breach appeared first on JURIST - News.
” The Australia-based company partnered with OpenAI to develop the tool, which it said should be particularly useful to businesses, where legal, compliance, information security, and HR teams can use it to provide employees with instant answers about corporate policies and procedures. .
5] Insurance options are suddenly plentiful, [6] funders are expanding and multiplying, [7] and new deal commitments are on the rise. [8] See, e.g., Daniel Wood, Medibank hit by class action , Insurance Business Australia, Feb. Patent assertion finance today is a multibillion-dollar business. [2] 8, 2023). [12] 2, 2023). [13]
Epic Games, the developer of the highly popular and lucrative online video game Fortnite , recently won an appeal against tech juggernaut, Apple, in Australia’s Federal Court. [1] 1] Fortnite is played by over three million Apple iOS users in Australia. [2] 1 Exclusive Choice of Foreign Court Agreements in Australia.
The Rule in Antony Gibbs [1] (‘the Rule’) provides that if the proper law of a contract is Australian, then a discharge of the debt by a foreign jurisdiction will not be a discharge in Australia unless the creditor submitted to the foreign jurisdiction. [2] Available at Westlaw Australia. [5] Available at Westlaw Australia. [5]
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