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ACCC approves Ampol’s $1B buyout of EG Australia with divestitures
The ACCC has signed off on Ampol’s $1.1 billion acquisition of fuel and convenience retailer EG Australia after it agreed to sell off some of its fuel sites, the first deal cleared under a complex phase two review.
CDPP drops insider trading charges against Big Un CFO
The CDPP has dropped insider trading charges against the CFO of defunct video producer Big Un, after a hung jury couldn't reach a decision on the charges following a five-week trial.
‘Stop abusing legal privilege’: Senators told KPMG won’t produce docs to ASIC
A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.
ASIC investigating Corporate Travel Management, PwC
ASIC is investigating Corporate Travel Management and its auditor PwC, after the travel management company said it would reverse $220 million in revenue after a review found it had overcharged customers. 
Woolworths fights class action notice reminding employees to keep records
Woolworths has told a judge in an underpayments class action where its remediation costs could stretch to $330 million that sending a notice to group members reminding them to keep records would be “premature and potentially misleading”. 
BDO wants to pause Dubber’s $26M case over audit reports 
Auditor BDO has asked the court to stay ASX-listed software company Dubber’s negligence suit over $26.6 million in alleged missing funds while a parallel case by ASIC over alleged false and misleading financial reports is on foot.
Major changes to FWC operations revealed amid AI explosion
Confronting a workload increase of 70%, blamed in large part by the growth in use of generative AI, the Fair Work Commission is proposing significant changes to how it operates, including its own use of AI.
Amazon taken to court over alleged missing button battery warnings
In the first suit of its kind, the ACCC has taken Amazon Australia to court, alleging children’s backpacks for sale on its online marketplace through a third-party seller do not comply with mandatory button battery rules.
Ex-Star GC fights $1.1M fine, says she’s already been punished
Star's former group general counsel has told a judge she should not have to pay a $1.1 million fine for breaching her directors duties because she has suffered “extra-curial detriment” that includes unemployment. 
ASIC slams Rex directors’ claim that ‘hopeful’ ASX statement not a forecast
An ASX statement from budget airline Rex that was optimistic about its 2023 profit prospects should have been corrected by April, ASIC has told a judge, disputing claims that the statement was not a forecast but merely an expression of what the board hoped for.