Australia's biggest sexual harassment case may be ended this week if both parties agree on the terms that plaintiff Kristy Fraser-Kirk and defendants David Jones company officers and former CEO Mark McInnes.

Ms Fraser-Kirk's barrister, Michael Lee, at today's preliminary hearing, raised this.

According to a report by the Sydney Herald, the settlement could be reached by Friday if the negotiations among the parties involved will be successful.

Mr Lee noted that though there will be an initiative on the part of his client to amend her earlier statement, this will not change the very essence of the case she presented earlier.

The report said Ms Fraser-Kirk, 27, would not be withdrawing here factual allegations, though a re-framing of her initial statement will be done.

The Sydney Herald reported quoting Mr. Lee stated: "no factual allegations made in the amended statement of claim are proposed to be withdrawn."

One of the key allegations of Ms Fraser-Kirk was the David Jones company allowed some sexual advances by company officers and is actually seeking punitive damages for this.

This is notwithstanding a direct sexual assault charge she filed against former CEO McInnes, whom she said made sexual advances on her.

Justice Geoffrey Flick said in his decision that the defence counsels' plea of protecting the witnesses' names failed to convince him as he is more inclined to grant public access on the information since the court is accountable to the welfare of the general public.

The Federal Court said that concern for such accountability far outweighed the importance of providing a protection of anonymity for the witnesses.

In her argument, lawyer Rachel Francois, who handles the defence of former David Jones publicist Kristy Fraser-Kirk, said that her 27-year-old client is already suffering from severe adjustment disorder due to the extensive media coverage trained on the case.