TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
The Federal Court has dismissed an application by tax lawyer Michael Binetter and his wife Suzanne Binetter to dip into over $3 million in frozen assets to fund a case over an alleged $120 million international tax evasion scheme.
Entertainment industry titans Sony Music Entertainment, Universal Music and Warner Music have joined an appeal to the Full Federal Court challenging a licence granted by the Copyright Tribunal of Australia to Foxtel for the rights to certain yet-to-be-broadcast content and streaming rights.
A former executive of hospital operator Healthe Care Pty has been charged with three counts of insider trading, the Australian Securities and Investments Commission said Monday.
A tribunal has set aside a life-long ban of a successful former ANZ financial advisor accused by ASIC of lying about his qualifications, saying the advisor’s “insight into his own behavior” had changed.
Japanese retail store Daiso has been fined $355,000 for selling dangerous products, including projectile toys, that did not comply with Australian safety standards.
Macquarie Bank has been hit with a third lawsuit by financial advisers alleging the bank broke the law by paying them solely in commissions, this one by a dozen Brisbane-based advisers seeking more than $3.25 million in regular wages.
The Australian Competition and Consumer Commission has accepted the need for expanded fair use copyright exemptions but warned applying one of the existing fairness factors more broadly could hinder innovation and increase investment costs.
A barrister representing Radio Rentals in a class action alleging its rental practices violated responsible lending laws has told a Federal Court judge that repeated delays by the Maurice Blackburn-led class could damage the company.
The Australian Competition and Consumer Commission has sued Aurizon and Pacific National, claiming a proposed $225 million deal over a major rail freight business in Queensland would have substantially lessened competition.