PoliticsClass actionPrint article‘Business of law’ behind record $2b bill for class actionsPaul KarpNSW political correspondentOct 17, 2025 – 12.01amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginThe total bill for class actions in Australia increased to $1.9 billion last financial year and a further $1.5 billion worth of settlements are still in the pipeline, according to law firm King & Wood Mallesons.KWM’s review of class actions in 2024–25 found seven cases worth $100 million or more, including a case against Colonial First State on super fees, AMP on financial advisers, Allianz on add-on car insurance and a $272 million case against Uber to compensate taxi drivers helped drive the record settlement bill.Loading...Paul Karp is The Australian Financial Review’s NSW political correspondent.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreClass actionLegal professionKing & Wood MallesonsAMPAllianzLatest In PoliticsFetching latest articlesMost Viewed In PoliticsThe Australian Financial Review MagazineThe untold story of the most lethal Sydney to Hobart race in 26 yearsTony Davis24 new watches to ring out the year (from $170 to $218k)‘YIMBY is a misnomer. They haven’t got backyards’BOSS Financial ReviewBega CEO reveals his latest health obsession (it’s not only protein)Sally Patten and Iona RennieWhy BP Australia’s head tells execs to have their kids by 35AI talent war spreads to banking with $250k+ rolesLife & LeisureThis Noosa restaurant is the place to be this summerJill DupleixHere’s why this is one of our favourite gadgets of the yearInside the LVMH hotel entirely dedicated to whiskyRich ListBillionaire Rinehart loses bid for helipad at pink-themed HQJesinta BurtonImmutable late accounts reveal $72m loss despite big revenue growthAirwallex shrugs off controversy with huge funding round
