ASIC, when intervening under s 1330 of the Corporations Act 2001 (Cth), will ordinarily bear its own costs as an intervenor. An unsuccessful intervenor will not be ordered to pay a portion of the successful party's costs where the intervention was proper, in the public interest, efficient, and of significant assistance to the Court, even if the intervention added to the length of the proceedings to some degree. The question of unconscionability (on which ASIC failed) was not treated as 'the event' for costs purposes where ASIC's assistance extended to multiple other issues.
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