PERPETUAL TRUSTEE COMPANY LTD -v- BURNISTON [No 2] [2012] WASC 383

SUPREME COURT OF WESTERN AUSTRALIA
[2012] WASC 383
N/A
CIV 2900/2009
5-8 JUNE & 15 AUGUST 2012
EDELMAN J
15/10/2012
Perth
Possession to be ordered and judgment for the plaintiff in the amount of $364,971.49
A
PERPETUAL TRUSTEE COMPANY LTD
MICHAEL BURNISTON
ANN BURNISTON
Agency
Sub-agency
Whether finance broker was a sub-agent of the agent of a lender
Indicia of agency
Requirements for liability of sub-agent to be imputed to agent's principal
Operation of agency principles under the Australian Securities and Investments Commission Act 2001 (Cth)
Scope of any agency
No relationship of agency present Vicarious liability
Relationship with agency
Need for recognised relationship such as employment to justify the policy basis for imposing vicarious liability
No vicarious liability for vicarious liability
No basis for vicarious liability Property
Mortgages
Notice of demand
Error in an amount of total debt which was not part of the demand
Whether certificate of the debt due is required
Whether notice of default failed to identify the relevant breach
Notice of default valid Trade practices
Misleading or deceptive conduct
Unconscionable conduct
Meaning of unconscionable conduct within the meaning of the unwritten law
Meaning of conduct which is in all the circumstances unconscionable
Relationship between different meanings of unconscionable conduct
Consideration of legislative indicia of unconscionable conduct
Conduct by lender was not unconscionable Contract
Implication of terms
Necessity for implication of term to meet five requirements
Requirements of implication of term not met Contract
Rectification
Common mistake
No basis for rectification either on the basis of objective intention or subjective intention Torts
Negligence
Duty of care
Whether lender owes borrower a duty to warn of risks of fraud
Whether lender owes borrower a duty to warn or guard against risks of loss
Role of assumption of responsibility
No assumption of responsibility
Role of vulnerability
No vulnerability
No duty owed Remedies
Terms upon which a declaration that contract is void should be made
Analogy with rescission
Any declaration should only be made on terms that borrower repay money lent with interest Damages
Causation
Absence of sufficient evidence of causation of loss
Australian Securities and Investments Commission Act 2001 (Cth), s 12BB, s12CA, s12CB, s12CC, s 12DA, s 12DF, s 12GF, s 12GH
Evidence Act 1906 (WA), s 79C(2a)
Trade Practices Act 1974 (Cth), s 84(2)
Ackworth v Kempe (1778) 1 Doug 40
99 ER 30
AG of Belize v Belize Telecom Ltd [2009] UKPC 10, [2009] 1 WLR 1988
Astley v Austrust Ltd [1999] HCA 6
197 CLR 1
Attorney General of New South Wales v World Best Holdings Ltd [2005] NSWCA 261
(2005) 63 NSWLR 557
Attorney-General (NSW) ex rel Tooth & Co Ltd v Brewery Employees' Union of NSW [1908] HCA 94
(1908) 6 CLR 469
Australian Competition and Consumer Commission v CG Berbatis Holdings Pty Ltd [2003] HCA 18
(2003) 214 CLR 51
Australian Competition and Consumer Commission v Maritime Union of Australia [2001] FCA 1549
(2001) 114 FCR 472
Barclay v Penberthy [2012] HCA 40
Bell v State of Western Australia [2004] WASCA 205
(2004) 28 WAR 555
Beneficial Finance Corporation Ltd v Karavas (1991) 23 NSWLR 256
Blackley Investments Pty Ltd v Burnie City Council [2011] TASFC 6
Blomley v Ryan [1956] HCA 81
(1956) 99 CLR 362
Body Bronze International Pty Ltd v Fehcorp Pty Ltd [2011] VSCA 196
(2011) 282 ALR 571
BP Refinery (Westernport) Pty Ltd v Shire of Hastings (1977) 180 CLR 266
Bridgewater v Leahy [1998] HCA 66
194 CLR 457
Bunbury Foods Pty Ltd v National Bank of Australasia Ltd [1984] HCA 10
(1984) 153 CLR 491
Burnie Port Authority v General Jones Pty Ltd [1994] HCA 13
(1994) 179 CLR 520
Byrnes v Kendle [2011] HCA 26
(2011) 243 CLR 253
Canon Australia Pty Ltd v Patton [2007] NSWCA 246
(2007) 244 ALR 759
Car & Universal Finance Co Ltd v Caldwell [1965] 1 QB 525
Chandler v Broughton (1832) 1 Cr & M 29
149 ER 301
Citibank Ltd v Pilgrim [2001] WASC 129
Codelfa Construction Pty Ltd v State Rail Authority of NSW [1982] HCA 24
(1982) 149 CLR 337
Colonial Mutual Life Assurance Society Ltd v Producers & Citizens Cooperative Assurance Co of Australia Ltd [1931] HCA 53
(1931) 46 CLR 41
Commercial Bank of Australia Ltd v Amadio [1983] HCA 14
(1983) 151 CLR 447
Commonwealth Bank of Australia v Shaddick [2011] WASC 205
Commonwealth v Connell (1986) 5 NSWLR 218
Con-stan Industries of Australia Pty Limited v Norwich Winterthur Insurance (Australia) Limited [1986] HCA 14
(1986) 160 CLR 226
Cook v Cook [1986] HCA 73
(1986) 162 CLR 376
Cowell v Corrective Services Commission of NSW (1988) 13 NSWLR 714
Credit Services Investments Ltd v Evans [1974] 2 NZLR 683
Custom Credit Corporation Ltd v Lynch [1993] 2 VR 469
Darling Island Stevedoring and Lighterage Company v Long [1957] HCA 26
(1957) 97 CLR 36
Davies v Adelaide Chemical and Fertilizer Co Ltd [1946] HCA 47
(1946) 74 CLR 541
De Bruyn v South Australia (1990) 54 SASR 231
De Bussche v Alt (1878) 8 ChD 286
Donohoe v The Director of Public Prosecutions (WA) [2011] WASCA 239
Durban Roodepoort Deep, Ltd v Newshore Nominees Pty Ltd [2005] WASCA 231
Durham v BAI (Run Off) Ltd [2012] UKSC 14
Errichetti Nominees Pty Ltd v Paterson Group Architects Pty Ltd [2007] WASC 77
Esanda Finance Corporation Ltd v Spence Financial Group Pty Ltd [2006] WASC 177
Fairworld Holdings Pty Ltd v Burrup Fertilisers Pty Ltd (Receivers and Managers Appointed) [No 3] [2012] WASC 190
Fazio v Fazio [2012] WASCA 72
Ferguson v Wilson (1866) LR 2 Ch App 77
Gunn v Land Mortgage Bank of Victoria Ltd (1890) 12 ALT 49
Hall v Hall [2007] WASC 34
Hedley Byrne & Co Ltd v Heller & Partners Ltd (TA/s 'Hedley') [1964] AC 465
Henderson v Merrett Syndicates Ltd [1995] 2 AC 145
Hill v Van Erp [1997] HCA 9
(1997) 188 CLR 159
Hollis v Vabu Pty Ltd [2001] HCA 44 (2001) 207 CLR 21
Hutchinson v The York, Newcastle and Berwick Railway Co (1850) 5 Exch 343
155 ER 150
In re Eastgate ex parte Ward (1905) 1 KB 465
International Harvester Co of Australia Pty Ltd v Carrigan's Hazeldene Pastoral Co [1958] HCA 16
(1958) 100 CLR 644
Investment Realty Pty Ltd v Capital Finance Australia Ltd [2010] NSWSC 993
Irving v Commissioner of Titles [1963] WAR 67
J-Corp Pty Ltd v Australian Builders Labourers Federated Union of Workers Western Australian Branch (1992) 111 ALR 502
John Alexander's Clubs Pty Ltd v White City Tennis Club Ltd [2010] HCA 19
(2010) 241 CLR 1
Jones v Bouffier [1911] HCA 7
(1911) 12 CLR 579
Jones v Dunkel [1959] HCA 8
(1959) 101 CLR 298
Jones v Staveley Iron and Chemical Co Ltd [1955] 1 QB 474
Kable v State of New South Wales [2012] NSWCA 243
Kennedy v De Trafford [1897] AC 180
Kirkpatrick v Kotis (2004) 62 NSWLR 567
Kison v Papasian (1994) 61 SASR 567
Kondis v State Transport Authority [1984] HCA 61
(1984) 154 CLR 672
Laugher v Pointer (1826) 2 B & C 547
108 ER 204
Lisciandro v Official Trustee in Bankruptcy (1995) ATPR 40,897
Maguire v Makaronis [1997] HCA 23
(1997) 188 CLR 449
Majrowski v Guy's & St Thomas's NHS Trust [2006] UKHL 34, [2007] 1 AC 224
Marks v GIO Australia Holdings Ltd [1998] HCA 69
(1998) 196 CLR 494
Mayfair Trading Co Pty Ltd v Dreyer [1958] HCA 55
(1958) 101 CLR 428
McKay v Commissioner of Main Roads [No 2] [2010] WASC 153
Mears v Safecar Security Ltd [1983] QB 54
Micarone v Perpetual Trustees Australia Ltd (1999) 75 SASR 1
Middleton v Fowler (1699) 1 Salk 282
91 ER 247
Miller & Associates Insurance Broking Pty Ltd v BMW Australia Finance Ltd [2010] HCA 31
(2010) 241 CLR 357
Moore v BNY Trust Company of Australia Ltd [2012] WASCA 188
Morgans v Launchbury [1973] AC 127
New South Wales v Ibbett [2006] HCA 57 (2006) 229 CLR 638
New South Wales v Lepore [2003] HCA 4
(2003) 212 CLR 511
NMFM Property Pty Ltd v Citibank Ltd (No 10) [2000] FCA 1558
(2000) 107 FCR 270
Nocton v Lord Ashburton [1914] AC 932
Northern Sandblasting Pty Ltd v Harris [1997] HCA 39
(1997) 188 CLR 313
O'Brien v Dawson [1942] HCA 8
(1942) 66 CLR 18
Octapon Pty Ltd v Esanda Finance Corporation Ltd (Unreported, NSWSC, 3 February 1989)
O'Keefe v London and Edinburgh Insurance Co Ltd [1927] NI 85
Pacific Carriers Ltd v BNP Paribas [2004] HCA 35
(2004) 218 CLR 451
Parker v Commonwealth [1965] HCA 12
(1965) 112 CLR 295
Pennington v Norris [1956] HCA 26
(1956) 96 CLR 10
Permanent Mortgages Pty Ltd v Vandenbergh [2010] WASC 10
(2010) 41 WAR 353
Permanent Trustee Company Ltd v O'Donnell [2009] NSWSC 902
Perpetual Trustee Company Ltd v Burniston [No 2] [2012] WASC 383 (S)
Perpetual Trustees Australia Ltd v Schmidt [2010] VSC 67
Perpetual Trustees Victoria Ltd v Longobardi [2009] NSWSC 654
Perre v Apand Pty Ltd [1999] HCA 36
(1999) 198 CLR 180
Pinkstone v The Queen [2004] HCA 23
(2004) 219 CLR 444
Pollard v Wilson [2010] NSWCA 68
R v Slator (1881) 8 QBD 267
Ramsay v Pigram [1968] HCA 34
(1968) 118 CLR 271
Riz v Perpetual Trustee Australia Ltd [2007] NSWSC 1153
Rose v Plenty [1976] 1 WLR 141
Ryledar Pty Ltd v Euphoric Pty Ltd [2007] NSWCA 65
(2007) 69 NSWLR 603
Schellenberg v Tunnel Holdings Pty Ltd [2000] HCA 18
200 CLR 121
Scott v Davis [2000] HCA 52
(2000) 204 CLR 333
Secured Income Real Estate (Australia) Ltd v St Martins Investments Pty Ltd [1979] HCA 51
(1979) 144 CLR 596
Shire of Manjimup v Cheetham [2010] WASCA 225
Smith v McCusker QC [No 7] [2011] WASC 88
Smith v Smith [2004] NSWSC 663
South Sydney District Rugby League Football Club Ltd v News Ltd [2000] FCA 1541
(2000) 177 ALR 611
Sweeney v Boylan Nominees Pty Ltd [2006] HCA 19
(2006) 226 CLR 161
Taylor v Johnson [1983] HCA 5
(1983) 151 CLR 422
The Bell Group Ltd (in liq) v Westpac Banking Corporation [No 3] [2012] WASCA 157
The Bell Group Ltd (in liq) v Westpac Banking Corporation [No 9] [2008] WASC 239
(2008) 39 WAR 1
The Finance Brokers Supervisory Board v Van Stokkum [2006] WASCA 97
Tilley v Bowman Ltd [1910] 1 KB 745
Tipperary Developments Pty Ltd v The State of Western Australia [2009] WASCA 126
Tipperary Developments Pty Ltd v The State of Western Australia [2010] HCATrans 136
Toll (FGCT) Pty Ltd v Alphapharm Pty Ltd [2004] HCA 52
219 CLR 165
Tonto Home Loans Australia Pty Ltd v Tavares [2011] NSWCA 389
Tooth and Co Ltd v Tillyer [1956] HCA 49
(1956) 95 CLR 605
Trade Practices Commission v Queensland Aggregates Pty Ltd (No 3) (1982) 61 FLR 52
Trade Practices Commission v Tubemakers of Australia Ltd (No 2) (1983) 47 ALR 719
Transfield Pty Ltd v Arlo International Ltd [1980] HCA 15
(1980) 144 CLR 83
Tutt v Doyle (1997) 42 NSWLR 10
Walplan Pty Ltd v Wallace (1985) 8 FCR 27
We Are Here Pty Ltd v Zandata Pty Ltd [2010] NSWSC 262
Westpac Banking Corporation v The Bell Group Ltd (in liq) [No 3] [2012] WASCA 157
Whild v G E Mortgage Solutions Ltd [2012] VSC 212
Woodgate v Knatchbull (1787) 2 TR 148
100 ER 80
Woolcock Street Investments Pty Ltd v CDG Pty Ltd [2004] HCA 16
(2004) 216 CLR 515
Yap Cheng See v Challenge Bank Ltd (Unreported, WASC, Library No 970695, 12 December 1997)
Young v Edward Box & Co Ltd [1951] 1 TLR 789
N/A