New article from the guardian on big business trying to stop class actions. Not sure how much political capital big business will have to push this type of regulation through, and would have thought it would be a hard sell since the optics are bad for the pollies. None the less this is happening:
https://www.theguardian.com/austral...ess-pushes-for-curbs-on-class-action-lawsuits
Big business pushes for curbs on class action lawsuits
Australia’s biggest legal firms say class action lawsuits have ‘never been more needed’ in wake of revelations from the banking royal commission
Ann: Ceasing to be a substantial holder, page-86
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