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Latest MWL Financial adviser DQ’d for steering investors to Shield
A Melbourne adviser is the latest person linked to MWL Financial to be banned for spruiking Keystone Asset Management's failed Shield fund to clients.
ACCC taps keg supplier’s acquisition of rival for in-depth review
The competition regulator will further probe US keg company MicroStar's proposed acquisition of the assets of rival keg pooling service Konvoy, saying the transaction could substantially lessen competition.
Uber ‘not a mere conduit’, High Court told in $81M payroll tax case
Rideshare giant Uber is not a passive intermediary between drivers and riders, the NSW Office of State Revenue has told the High Court in a case over $81 million in payroll tax, but controls trips via its platform "from start to finish".
Construction PRO
Hammer not having it: Trial in APAC, Dexus row starts, then stops
Questioning of the first witness in Dexus' case against Melbourne Airport's operator was an hour in when trial was halted by the judge, who complained of flying by the seat of his pants, documentary evidence-wise.
Construction PRO
NextDC launches $1B securities offer as data centre growth surges
NextDC has issued a $1 billion wholesale securities offer to finance its growth, as the global data centre business booms on the back of an AI frenzy.
Construction PRO
Builder Impero Group goes into liquidation
Construction company Impero Pacific Group has been placed into liquidation with a reported $21 million in debts.
Construction PRO
Woolworths must produce Big W closure strategy docs in row with landlord
A Woolworths entity must hand over documents concerning its plan to close unprofitable Big W stores in a stoush with a Brisbane shopping centre owner over an alleged breach of a 20-year lease.
Construction PRO
Wagners sells industrial portfolio to Ascot Capital for $43M
Property developer Ascot Capital has acquired a Queensland industrial portfolio from construction materials company Wagners in a $43 million leaseback deal.
IP Australia says f*ck yeah to vulgar trade mark
Saying swear words are now part of the common vernacular, IP Australia has cleared a vitamin company's foul- mouthed trademark for registration, on the proviso that the branding is restricted to goods aimed at adults.
Appeal filed after judge pans ‘wilful blindness’ by ATO in chasing debt
The Commonwealth has appealed a ruling that found the ATO knowingly received millions misappropriated by a former Kupang Resources director in order to satisfy a tax debt against him and skewered the office's “policy of wilful blindness” in pursuit of the debt.