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A judge has ordered Mercer Superannuation to pay $11.3 million for “reckless, if not deliberate” representations about so-called sustainable investment options that included investment in oil and gas companies, including BHP and Origin Energy.
A former Ernst & Young partner has claimed privilege against exposure to penalty and is seeking orders to avoid filing a defence in proceedings by the Australian Taxation Office alleging he promoted tax exploitation schemes.
A former EY partner is trying again to keep their identity secret in proceedings brought by the Tax Office alleging they promoted tax exploitation schemes.
A former EY partner facing ATO action for allegedly promoting tax exploitation schemes has lost a fight to shield their name from media reports of the case, but a temporary suppression order -- which has been in place for half a year -- will stay in effect for at least two more weeks while the partner contemplates a fresh appeal.
Mercer Superannuation has agreed to pay $11.3 million in a case the regulator said was “the first and we hope the last” greenwashing case of its kind.
A judge has ordered ANZ to pay a $15 million agreed penalty in a case over more than $10 million in cash advance fees charged to the credit card accounts of hundreds of thousands of customers.
An environment group that alleges former treasurer Josh Frydenberg rejected advice from the climate change office on a high-rise apartment development on protected wetlands near Brisbane has won access to correspondence about the project.
Mercer Superannuation is likely to admit liability in the corporate regulator’s maiden greenwashing case, a court has heard.
ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank's home loan 'introducer' referral program breached credit laws.
AIG can't force investment firm Sayers to hand over communications over which it claimed legal professional privilege, with a judge rejecting the argument that Sayers could not “cherry pick” which advice it disclosed after waiving privilege over advice given by two barristers in 2017 and 2019.