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KPMG has handed ASIC a "substantial body of material" over which it claimed legal professional privilege, as IAG announces it will not invite the embattled accounting firm to tender for its audit.
KPMG dealt with a whistleblower's allegations over the misuse of confidential client data in an "overly legalistic" way, a new report has found, saying the accounting firm "lost sight" of its values and dropped the ball.
The Australian Energy Regulator has brought a High Court challenge to orders that it return a $25 million penalty paid by power company AGL for overcharging hundreds of customers receiving Centrelink payments.
Construction PRO
Developer Mirvac has lost a bid to delay mediation in a $50 million defects suit by the owners corporation of The Moreton apartments in Bondi Beach, despite arguing it will have just two weeks to prepare for settlement talks.
Western Australia-based wagering company Playwest has sued Apple after its app was removed from the App Store without notice over alleged fraud concerns.
The ACCC has hit back at Coles’ challenge to the regulator’s rejection of its Kalgoorlie, WA land acquisition, slamming as too narrow the competition test advanced by the supermarket giant.
Defunct Westpac subsidiary RAMS Financial Group has agreed to settle a class action over the termination of franchise agreements.
Construction PRO
The ACCC has hit back at Coles’ challenge to the regulator’s rejection of its Kalgoorlie, WA land acquisition, slamming as too narrow the competition test advanced by the supermarket giant.
Avoiding court action, Mazda has agreed to an undertaking and offered refunds after an ACCC investigation into compliance with rules on access by independent mechanics to repair diagnostics.
Meta is facing a second class action investigation after the company's multibillion-dollar settlement in the US over claims it designed its social media platforms to increase the risk of user addiction.