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Accounting disciplinary body Chartered Accountants ANZ has dropped its investigation into former PwC tax partner Wayne Plummer, who was linked to the firm’s tax leaks scandal in 2023.
$230M Macquarie student accommodation wins development approval
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Developer Freecity has won court approval for its plans for a 19-level, $230 million student accommodation development near Macquarie University, after its plans were initially knocked back by the local council.
ACCC report spotlights delays in gas infrastructure
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The Australian Competition and Consumer Commission has warned new gas production is “not being brought online fast enough” and called for measures to smooth the transition of the energy and has markets.
Albanese government injects $200M for WA housing, infrastructure
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The federal government has announced a $200 million investment aimed at boosting housing and infrastructure in regional Western Australia.
Taiwan’s HDRE inks deals for solar energy collaboration
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Allens has brokered a deal between Australian renewable company ZEN Energy and Taiwanese company HDRE to create a battery system that will increase national solar storage by 33 per cent.
Virbac loses bid to block generic animal drug
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Animal health company Virbac has lost its interlocutory bid to block a generic version of its animal drug Cydectin Platinum by rival Abbey Laboratories.
Babcock & Brown shareholders can’t stay costs orders in failed 10-year-old case
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Shareholders in collapsed financial services firm Babcock & Brown have lost their bid to stay costs orders after losing a ten-year-old dispute.
Law firm can’t dodge $5.4M security in Macquarie class action
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Maurice Blackburn is stuck paying $5.4 million in security in a flex commissions class action against Macquarie, with a judge saying it represents a “business risk willingly undertaken”.
Pfizer faces class action investigation into Depo-Provera
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US drug maker Pfizer is facing a class action investigation into the possible link between its injectable contraceptive Depo-Provera and brain tumors.
‘Truly lamentable’: Solicitors score partial win in tax appeal
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Two Queensland solicitors have scored partial wins in their decades-long disputes with the tax office because of the Administrative Appeals Tribunal’s “wholesale failure” to give proper reasons.