Telecom has reach a settlement with the Commerce Commission over its wholesale loyalty offers and will pay out $1.6m to its competitors Vodafone and Orcon.

Investors who felt misled by ANZ and ING over two funds have won a record payout of $45m in a Commerce Commission brokered, out-of-court settlement.

The Commerce Commission has reached a record $45 million settlement with ANZ over the promotion of ING's diversified yield and regular income funds.

The Commerce Commission has reached a record $45 million settlement with ANZ New Zealand over the promotion of ING's diversified yield and regular income funds.

One Australian not enjoying the latest series of Underbelly on television is Wendy Hatfield.

Manukau City Mayor Len Brown says the council is considering legal action after accusations that council staff committed fraud.

Nick Smith says he is "delighted" a $15 million defamation lawsuit against him has been settled out of court.

Melbourne chairman Rob Moodie said the NRL's decision-making process in applying the club's salary cap breach penalties was unfair.

People will never love banks - our relationships are necessarily fraught, and tainted by the suspicion we're being clipped for services of dubious value.

A wealthy developer has lost his claim to a $1 million wine stash from his top Otago winery.