Companies

The Australian Prudential Regulation Authority has imposed a $100 million capital overlay penalty on Macquarie Group, saying the bank had miscalculated the amount of capital required to buffer its non-bank businesses.

A parliamentary committee has recommend the NSW government require that data centres run entirely on renewable energy which they supply and that development applications be assessed according to their cumulative impact.

The company behind the $1 billion Golden Beach gas storage project in Gippsland has fallen into administration, a fortnight after the Victorian government approved its licence.

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".

Ashurst Perkins Coie's consulting arm has lured two experts in financial crimes from Deloitte to join its Sydney office as partners amid heightened anti-money laundering enforcement.

A shareholder class action against water treatment firm Phoslock will bring new claims that the former managing director and ex-chairman are liable as accessories, a court heard Tuesday.

McDonald’s has argued it can’t be on the hook for alleged underpayments by franchisees for continuous 10-minute rest breaks, saying there is not enough evidence to show it knew they were breaching an enterprise agreement.

Infrastructure services company Downer EDI has been awarded a $400 million maintenance and repair contract with Homes Victoria.

In a failed bid for discovery of internal communications at BDO Audit, Dubber has claimed a BDO employee sent an illustrated image of cash being passed under a table while discussing the firm's audit of the software company.