Original article by Jack Quail
The Australian – Page: 3 : 2-Jul-24

A report produced by the Menzies Research Centre has concluded that Australia’s litigation funding industry is now worth more than $200m, following huge growth over the last five years. The Liberal Party-aligned think tank notes that the litigation funding sector is "cashed up and thriving" amidst a lax regulatory environment. The MRC has urged the federal government to pursue greater regulation of litigation funders; amongst other things, it has recommended capping their fees at 30 per cent of a class action payout.

CORPORATES
THE MENZIES RESEARCH CENTRE LIMITED, LIBERAL PARTY OF AUSTRALIA