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Asbestos victims dudded by NSW Government. Thursday, 17 May, 2012

The Asbestos Diseases Foundation of Australia (adfa) will fight the appalling decision today by the Attorney General of NSW to let James Hardie off the hook on compensation for relatives of victims of asbestos disease. ADFA President Barry Robson said the decision was shameful. "Currently if you die before your asbestos compensation case is finished, as the law stand now, you will receive less money than if the case is finished in your lifetime. That is what we wanted fixed. The previous Labor Government sent the issue to the Law Reform Commission, the Commission sided with victims."

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High Court Rules Directors of Asbestos Company James Hardie Mislead. Thursday, 3 May, 2012



The High Court has ruled the seven non-executive directors of James Hardie Industries eached breached his or her duties as a director of the company. It ruled that a company press release, which detailed a fully funded foundation would provide support to asbestos victims, but it was actually more than a billion dollars short and quickly faced bankruptcy. Although James Hardie directors were originally found guilty and banned from corporate office, they won an appeal. But the corporate regulator ASIC hit back and has successfully appealed to the High Court.

» View the High Court Press Release.

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