Hi team, just jumping in with some news. A class action against Jetstar on behalf of potentially hundreds of thousands of customers whose flights were cancelled during the COVID pandemic has been lodged in Federal Court. “Jetstar promotes itself as a values-driven, low fare airline committed to helping ‘more people fly, more often’, yet it’s a highly profitable part of …
Much of the news you see reported in the financial press comes from company announcements to the stock exchange. Key points: The government will move legislation to permanently relax disclosure obligations on ASX-listed companies and their directors Experts say the changes will make it harder to run shareholder class actions and may lead to an increase in insider trading Labor …