Funder drops ‘uneconomic’ GST class actions after High Court snubs special leave bid

Class Actions 2022-07-05 4:05 pm By Cat Fredenburgh | Melbourne

A judge has signed off on the discontinuance of two class actions against Canberra property developers for allegedly misleading investors about GST on their apartments, after the High Court declined to review a ruling that made the cases “uneconomic” for the funder to pursue.