Former Bellamy’s Australia director Jan Cameron has consented to preserving up to $5.1 million in her Australian assets and not moving them offshore while proceedings she launched against the Australian Taxation Office are on foot.
Former Bellamy’s Australia director Jan Cameron has filed proceedings against the Australian Taxation Office to avoid paying capital gains tax on the sale of 2.5 million shares in the organic baby food company 2018.
AMP has admitted two of its units charged customers fees for no service but denied it acted unconscionably in a case brought by the corporate regulator alleging it continued to charge advice fees and life insurance premiums to customers who had died.
The corporate regulator has taken Australian Mines to court after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.
IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator’s legal costs.
A judge has ordered a temporary stay of ASIC’s case accusing Mayfair 101 director James Mawhinney of contempt for breaching a 20-year ban.
The new chair of the competition regulator has taken aim at companies for “pushing the boundaries” of Australia’s merger control regime and taking a “strategic approach” to clearance, as the regulator yet again flags the prospect of a reform push.
ASIC has lost a bid to dismiss former G8 Education chair Jennifer Hutson’s application seeking declarations that she was unlawfully examined by the regulator over the company’s $162 million hostile takeover bid for Affinity Education Group.
A judge has given the liquidators of Big Un the go-ahead to serve the director of the collapsed video company through his LinkedIn account after several unsuccessful attempts to contact him about proceedings accusing him and others of violating their directors’ duties.
The Fair Work Commission has found that aged care provider Baptcare unfairly dismissed an employee for refusing to comply with the company’s COVID-19 vaccination policy, but declined to order any remedies in a “pyrrhic victory” for the worker.