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Big Un auditor convicted of failing to comply with auditing standards
The lead auditor for Big Un's flawed 2017 independent audit, which overstated the failed video company's cash and cash equivalents by $8.2 million, has been convicted of failing to comply with auditing standards following an investigation by ASIC.
NSW ICAC says pork barrelling could constitute criminal corruption
The NSW Independent Commission has found that pork barrelling, in which a minister directs public funds for partisan political purposes, could sometimes amount to criminal corruption and has called for better regulation of grants funding.
Drug companies drop bid for ACCC approval of Revlimid patent settlement
Bristol-Myers Squibb unit Celgene and two generic drug makers have withdrawn an application for ACCC approval of a patent settlement that would have allowed for an early launch of a generic version of blockbuster cancer drug Revlimid.
2XU manager settles suit alleging she was sacked for investigating CEO’s bullying, drugs
2XU has reached an in-principle settlement with its former head of human resources, who alleged she was fired for investigating complaints that the sportswear brand's CEO bullied female employees and brought illicit drugs to a work function.
Sophie Grace settles $15.4M lawsuit over Gallop collapse
Law firm Sophie Grace has settled a lawsuit brought by collapsed forex broker Gallop International Group claiming its failure to ensure the company complied with its obligations as a holder of an Australian financial services licence led to $15.4 million in investor funds being loaned to the company's director in Hong Kong.
Rio Tinto to pay $1B in historic tax settlement with ATO
In one of the biggest tax payouts in Australian history, mining giant Rio Tinto will pay close to $1 billion to settle all disputes with the Australian Taxation Office.
Izuzu targeted in class action investigation over allegedly defective utes
The law firm whose probe into allegedly defective diesel particulate filters in Toyota cars has led to a verdict worth as much as $2 billion against the car maker has launched a class action investigation into diesel particulate filter issues with two models of Isuzu utes.
Bunnings, Kmart face investigation over use of facial recognition technology
Retail giants Bunnings and Kmart are facing an investigation by the country's privacy regulator for using facial recognition technology in their stores.
Nurse hit with charges for coming to work after COVID-19 test
An aged care nurse who showed up to work while infected with COVID-19 could face hefty fines and jail time after being slapped with two charges for allegedly violating workplace safety laws.
Worker unfairly sacked for not using smiley face emoji: FWC
The Fair Work Commission has found that a Brisbane cafe manager was unfairly terminated for allegedly failing to use a smiley face emoji in a staff group chat.