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Central Queensland University will pay over $1.3 million to more than 1,000 employees as part of an enforceable undertaking with the Fair Work Ombudsman, becoming the latest university to backpay staff.
KPMG has appointed John Sams as its new CEO, promising the homegrown executive will deliver on an action plan drafted in the wake of the leaks scandal to build a “stronger, more accountable firm”.
KPMG has fined seven partners, some as much as $180,000, for misusing confidential client information in May.
The Australian Securities and Investment Commission has secured over $830 million in penalties in litigation in the most recent financial year, including its highest penalty ever.
Construction PRO
Waste management company Renex has filed court proceedings seeking to overturn an environmental prosecution, alleging the EPA's investigator was not properly authorised to bring the case.
Construction PRO
Publican Julian Gerner has “significantly” amended his claims in a dispute over the redevelopment of the Continental Hotel Sorrento, a court has heard.
One of the KPMG partners who shared confidential client information has stepped away from the firm’s audit with Westpac and will leave the firm.
Construction PRO
Macquarie Data Centres will spend up to $3 billion on a 200-megawatt data centre campus in Sydney after striking a $240 million land deal in Macquarie Park.
Construction PRO
The Liberty Bell Bay smelter in Tasmania will be shuttered after the consortium proposing to acquire the struggling manganese alloy producer withdrew its interest.
The executor of a $100 million estate is amending its case against PricewaterhouseCoopers that alleges the firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities.