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Payday lender Sunshine Loans has been hit with $5.5 million in penalties for charging vulnerable customers almost $300,000 in fees, with a judge giving limited weight to its claim that it relied on legal advice when introducing the unlawful charges.
A former US Congressman and indirect beneficiary of Queensland gold mining company Citigold has lost a bid to launch derivative action accusing the company's chairman of sharing insider information with his brother.
The High Court has dismissed billionaire Clive Palmer's bid to revive his misconduct claims against former ASIC chair James Shipton, which an appeals court rejected as "little more than a house of cards".
Construction PRO
A $1 billion dispute between the owner and manager of the troubled Callide power station in Queensland will be reallocated, after a judge conceded that his knowledge of a key expert report could create an apprehension of bias.
Construction PRO
Retirement village owner Milstern was not obligated to exclusively negotiate with Sydney property developer Cranbrook for the sale of five of its villages, a judge has found in refusing to make orders blocking Milstern from talks with an alternative bidder.
Construction PRO
The Tax Office wants to hive off a contract dispute between Japanese conglomerate Mitsui and its Kipper gas field partners Esso and Woodside in a fight over a $298 million tax bill.
The FWC has found that Commonwealth Bank’s dismissal of a home loan executive was justified, after an investigation revealed WeChat communications with a third party who was receiving payments from CBA customers.
Uber must pay at least $81 million in payroll tax after the High Court shot down its challenge to a finding that its drivers received wages, in a decision the rideshare giant says sets an "alarming precedent".
The property developer linked to collapsed investment funds Shield and First Guardian took the stand in court on Wednesday to face a grilling by liquidators, as investigators try to claw back the $1 billion in missing investor funds.
Three Keybridge directors breached their duties when they approved a $4.75 million bonus for CEO Nicholas Bolton and arranged for the financially distressed company to advance Bolton a loan to acquire a $20 million property in Lake Como, a judge has found.