Aug 20, 2026 – 4.00pmThe total number of new class actions filed in Australia has fallen to its lowest in a decade, but larger payouts and a growing cohort of plaintiff law firms mean money is surging into the system at near-record rates.The figures, compiled by top-tier law firm Mallesons, show the class action system reaching maturity, with new momentum for shareholder class actions and a growing ecosystem of novel claims ranging from breach of privacy to misuse of artificial intelligence.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles