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Macquarie launches formal review of KPMG audit tender process
Macquarie Group is conducting a review into the appointment of KPMG as its auditor, as the accounting giant reels from a whistleblower's accusations of client data breaches.
Construction PRO
Minister ‘cherry picked’ benefits of Woodside’s North West Shelf, trial hears
Activist group Friends of Australian Rock Art have alleged environment and water minister Murray Watt "cherry picked" potential economic and social benefits of Woodside's North West Shelf project while ignoring the harms.
Construction PRO
Enviro department’s chats with Woodside not a good look, trial told
Communications between the environment minister's department and Woodside over the gas company's controversial North West Shelf project raised concerns about the apprehension of bias, activist group Australian Conservation Foundation has told a trial judge.
Seven KPMG partners fined for misusing confidential client information
KPMG has fined seven partners, some as much as $180,000, for misusing confidential client information in May.
Construction PRO
Developer of Sydney’s Honeycomb Terraces freed to sell lots to pay debts
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
Allens probe of KPMG whistleblower claims knocked by senators
An initial investigation by law firm Allens that cleared KPMG over a whistleblower's allegations of misuse of confidential data has been slammed by parliamentary committee members as lacking independence.
Allens adds climate change pro to partnership
Allens has welcomed a globally recognised climate change lawyer and her team of four to the firm, amid an expected uptick in greenwashing and directors' duty claims. 
Construction PRO
Barristers win fee hike in Rinehart feud, but no such luck for solicitors
A judge has allowed a 50 per cent fee uplift for counsel in an epic fight over lucrative tenements in the Pilbara region, but says the hourly fees of solicitors from the likes of Allens, Clayton Utz and Corrs were already well above market rate.
Brambles takes shareholder class action loss to Full Court
Logistics company Brambles has followed through on plans to challenge its landmark loss in a shareholder class action, setting the stage for further appellate court guidance in securities cases, which once routinely settled.
IAG class action can add damages claim not tied to disclosure breach
A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.