A judge has criticised Mayfair Group’s “directing mind” James Mawhinney in a do-over of ASIC’s case over notes tied to Mission Beach properties, saying “vociferous and continuous efforts” to blame others, including lawyers, for investor losses did not reflect well on him.
A Grant Thornton partner has been admonished for failing to properly review the firm’s audit of the 2018 financial statements of delisted fintech iSignthis, in a promising turn for a recently filed class action.
The Australian Competition and Consumer Commission will not oppose an acquisition by Lactalis of assets of New Zealand dairy cooperative Fonterra if the French multinational is successful in its bid.
Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.
A Melbourne University engineering professor who was sacked for sending intimate messages to a PhD student has been reinstated after the Fair Work Commission found he was unfairly dismissed.
Two financial advisers who allegedly recommended a failed fund linked to Keystone Asset Management have been disqualified by the corporate cop.
A Sydney-based Uber driver has filed a Fair Work Commission case seeking $50,000 in compensation and damages over recurring malfunctions in the rideshare app, saying drivers “should not bear the financial burden of Uber’s technical failures”.
A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino’s money laundering risk, which last year resulted in a $67 million penalty.
The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.
Unions have prevailed in a fight with BHP over Labor’s same job, same pay legislation, with a landmark decision ensuring a pay rise for over 2,000 labour hire workers.