Harvey Norman faces class action over ‘interest free’ ads

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Homegoods retailer Harvey Norman is facing a class action by customers who paid more than they bargained for after being enticed by ‘interest free’ ads which the Federal Court has found to be misleading.

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Former PwC boss banned for four years over tax leaks scandal

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Save (1) Please login to bookmark Close Username or Email Address Password Remember Me Former PricewaterhouseCoopers CEO Thomas Seymour has been banned from registering as a tax agent for four years, after the regulator found he permitted a culture within the accounting firm of sharing confidential information. In a statement on Tuesday, the Tax Practitioners…

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BHP settles shareholder class action over Brazil dam collapse for $110M

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A shareholder class action over BHP’s disclosures about a Brazilian dam that collapsed 10 years ago has settled for $110 million on the eve of trial, one of a handful of class actions to settle for over $100 million. 

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Coles, Woolworths facing $780M underpayments bill after court ruling

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Coles and Woolworths estimate they will need to remediate underpaid workers up to $780 million, following a complex judgment in two class actions and regulatory proceedings handed down last week.

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Wollemi Capital resolves trade mark spat with Tesla chair’s family office

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CBA-backed venture capital firm Wollemi has reached an agreement to resolve a trade mark dispute with the family office of Tesla chairwoman Robyn Denholm.

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Receivers appointed to Australian Fiduciaries entities amid probe over missing $167M

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A court has appointed receivers to two entities of collapsed asset manager Australian Fiduciaries amid concerns by the corporate regulator that $167 million in funds have been misused, including to buy $600,000 in luxury cars.

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Dishonesty charge against lawyer an ‘unfortunate, unnecessary overreach’: tribunal

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A tribunal has taken aim at ACT’s legal watchdog for its “overreach” in pursuing a dishonesty charge against a lawyer, who claimed he was duped by a client.

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