Companies

A judge has ruled that the trustee for Dexus' airport fund is justified in challenging a court decision that forces a compulsory sale of a $4.5 billion interest in the operator of Melbourne Airport.

A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission. 

KPMG's national chairman Martin Sheppard is stepping down to make way for an independent chair, and audit partners Eileen Hoggett and Paul Rogers are leaving the firm.

A judge has tossed a former Spotlight producer's bid to throw out Seven's cross-claim, following a court appearance where the producer accused the TV network, News Corp, and their lawyers of conspiring against him.

A full bench of the Fair Work Commission has attacked an Uber driver's "unreasonable" reliance on artificial intelligence to prepare his complaint, saying it was part of an increasing trend of applicants abusing generative AI.

Under pressure from parliamentary committee members, KPMG said late Friday it would waive privilege and hand over investigation reports from Allens and Ashurst, after initially resisting orders for documents.

Facing the hotseat over KPMG's treatment of a whisteblower, the accounting giant's former CEO Andrew Yates told a parliamentary committee hearing on Friday he took accountability and was not a "bad apple".

A senator has criticised KPMG for claiming a commitment to transparency while also maintaining legal professional privilege over advice from Allens and Ashurst into the alleged misuse of confidential information.

ASIC’s chair says the corporate cop is investigating individuals at KPMG for alleged misuse of confidential information belonging to Lendlease and Optus to win new work, but says it is hamstrung by current law from undertaking a broader probe. 

A judge has shot down a bid to add a negligence claim to a class action on behalf of Queensland motorists over allegedly excessive toll charges, finding allegations the government owed a duty of care were likely to be struck out.