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SingTel appeals ATO win over deductions on $14B Optus buy
Tax 2022-04-22 10:11 pm By Christine Caulfield

Telecommunications giant SingTel is challenging a ruling in favour of the Australian Taxation Office’s decision to reject over $894,000 in tax deductions related to its […]

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Major banks hit back at rate-rigging class action, argue claims are barred
Competition & Consumer Protection 2022-04-04 9:10 pm By Cindy Cameronne

Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig […]

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SingTel can’t salvage $190,000 in transfer pricing deductions on $14.2B Optus buy
Tax 2022-03-24 4:44 pm By Miklos Bolza

SingTel has been blocked from making $190,000 in tax deductions after the Australian Taxation Office won its Federal Court case against the Singaporean teleco over […]

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SingTel loses transfer pricing dispute with ATO over $14.2B Optus acquisition
Tax 2021-12-20 10:13 pm By Miklos Bolza

Singapore telecommunications giant SingTel cannot claim over $894 million in tax deductible “transfer pricing benefits” for interest paid by a cross-border subsidiary on a loan […]

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Ex-Antares Energy CEO banned for misleading market about $354M Texas oil sale
Securities 2021-12-17 6:20 pm By Miklos Bolza

The former CEO and chairman of Antares Energy has been banned from managing corporations for four years and hit with a $40,000 penalty for failing […]

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Rate-rigging class action pleadings OK’d, more than two years after case filed
Class Actions 2021-10-28 3:56 pm By Miklos Bolza

A judge has given the green light to amended pleadings in a class action accusing major banks of entering a cartel agreement to rig foreign […]

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ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
Competition & Consumer Protection 2021-10-15 9:16 pm By Miklos Bolza

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a […]

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Court scuttles Adani’s water plans for Carmichael coal mine
Energy & Natural Resources 2021-05-25 5:27 pm By Christine Caulfield

Adani’s controversial Carmichael coal mine in Queensland has hit another potential snag, with the Federal Court on Tuesday sending the company’s moves to pump 12.5 […]

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Judge refuses class action’s bid to amend forex cartel case against banks
Class Actions 2021-02-01 3:24 pm By Christine Caulfield

A judge has sided with five investments banks and rejected a bid to amend a class action alleging a series of cartel agreements to rig […]

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ASIC wins winding up orders against accused Ponzi schemer Chris Marco
Financial Services 2020-12-07 9:26 pm By Christine Caulfield

A judge has ordered the winding up of a managed investment scheme operated by Perth businessman Chris Marco and his company AMS Holdings after investors […]

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