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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.
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.
Construction PRO
The federal government is moving forward with a plan under recently passed changes to the environmental laws that will help speed environmental approvals on major projects.
Construction PRO
The federal government is underwriting 19 new wind, solar and battery projects in the largest tender yet under its Capacity Investment Scheme, which will unlock $17 billion in private investments.
Construction PRO
Ex-South Australian senator and self-proclaimed transparency warrior Rex Patrick has been hit with a higher maximum costs order in his case seeking documents about the $12 billion Snowy 2.0 renewables project.
Federal Attorney-General Michelle Rowland has hinted at possible reforms to the class action regime that would allow plaintiff firms to earn a profit from group proceedings.
The privacy watchdog has cleared a property company run by lawyer Dominique Grubisa of claims of misuse of personal information, but has referred concerns about promotional statements to the ACCC.
At the centre of Tuesday night's budget are tax reforms aimed at investment structures, negative gearing, and the capital gains perk that represent the biggest change to the taxation of Australian savings since 1999.
Criminals are increasingly using AI in their money laundering playbook, increasing the scale and sophistication of financial crimes, AUSTRAC has warned.
Construction PRO
The Albanese government is set to spend $2 billion over the next four years to fund critical infrastructure to bolster housing supply.