Minister Watt won’t split proposed overhaul of environment laws

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Environment minister Murray Watt has resisted calls to split proposed legislation that would overhaul the country’s environment laws to allow business-friendly parts of the law to move forward first.

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ACCC won’t fight $75M Cuscal, Indue tie-up

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The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal’s to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition. 

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ASIC seeks injunction against adviser linked to $520M in Shield, First Guardian investments

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ASIC wants an injunction against a financial adviser whose “honey pot” marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds. 

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Victoria Supreme Court gets on the fast track with new expedited trial list

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The Supreme Court of Victoria has debuted a new expedited case list for the Commercial Court, aimed at fast-tracking urgent cases and those that can be heard in three days or less.

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Another Keystone Shield spruiker cops financial adviser ban

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A second MWL Financial adviser has been banned this week by the corporate regulator as part of its probe into the costly collapse of Keystone’s failed Shield Master Fund.

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APAC wins bid to push back trial in fight with Dexus over airport sale

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Airport operator Australia Pacific Airports Corporation has won its bid to delay an upcoming trial in a dispute with Dexus over alleged breaches of a shareholder deed, after the real estate asset manager discovered 20,000 documents only last week. 

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