In a first for a Big Four firm, PwC has made good on its promise to appoint an independent chair to its board and has tasked law firm Webb Henderson and former top judge with tracking its progress on other commitments made in the wake of its tax leaks scandal.
Regional air carrier Rex Airlines has filed for voluntary administration after failing to compete with Qantas and Virgin on major routes.
Two units of the Commonwealth Bank of Australia on Monday pleaded guilty and were hit with $48,000 in penalties for denying staff $1.67 million in long service leave entitlements.
A lawsuit against the Commonwealth by a former staffer who accused South Australian MP Rebekha Sharkie of bullying has been discontinued.
Hong Kong-based NGS Crypto Group and its director have lost their bid to undo receivership and freezing orders made amid concerns about dissipation of assets as ASIC investigates whether hundreds of Australians who sank $21.1 million into the crypto firm were misled about the safety of their investments.
A Japanese manufacturer of musical instruments has lost its opposition to telecommunications provider Zoom’s bid to register its name as a trade mark, with a delegate finding consumer confusion was unlikely given the difference in the companies’ products.
Three units of Perth-based builder BGC Housing Group have been hit with a class action on behalf of thousands of home owners who allege they have been harmed by lengthy construction delays.
The Treasurer has released draft legislation for an overhaul to Australia’s merger review regime, but has not yet revealed the threshold for mergers that will need to be signed off on by the Australian Competition and Consumer Commission.
A class action has accused not for profit community legal service Knowmore Legal of breaching its duty of care and providing negligent advice to survivors of institutional child sexual abuse who settled their claims under the National Redress Scheme when they could have recovered more by taking their claims to court.
A medical imaging company has lost its negligence case alleging Malouf Solicitors failed to advise it that its defences in District Court proceedings were doomed to fail, with a judge finding the company’s executives were informed of the risks of defending the case.