CFMEU appeals fine over walkout protesting shorts policy

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The Construction, Forestry Energy and Mining Union has appealed a penalty handed down last month over a walkout organized in protest of a policy requiring workers to wear long-sleeved shirts and trousers.

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ASIC charges ex-childcare firm head over failed takeover

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The former head of childcare provider G8 Education has been slapped with multiple criminal charges for her role in an abandoned takeover bid for rival childcare company Affinity Education.

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Gadens weighs class action against fund manager Blue Sky

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Blue Sky Alternative Investments could be facing a class action after a report by a U.S. hedge fund that found the Australian fund manager had exaggerated its assets under management and the performance of its investments, while also collecting excessive management fees.

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Slater & Gordon considers pelvic mesh class action

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Slater and Gordon is mulling a class action on behalf of women who suffered complications after receiving a pelvic mesh implant, in the wake of a damning parliamentary report on the controversial devices.

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Mortgage aggregator can’t halt derivative suit over Macquarie Bank deal

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A judge on Wednesday refused a bid by Australian mortgage aggregator Connective Group to put on hold a derivative lawsuit by a shareholder against the company’s bigwigs over the sale of 25 percent of the business to Macquarie Bank, saying there were no special circumstances justifying a stay.

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ACCC says MYOB bid for Reckon raises competition concerns

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The Australian Competition and Consumer Commission has raised concerns about MYOB’s proposed bid for Reckon’s accounting unit, saying it could substantially lessen competition in the market for accounting software.

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