Beach Energy buys Vintage Energy stake in Otway Basin gas fields

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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Beach Energy has acquired oil and gas exploration company Vintage Energy’s stake in PEP 171 – a gas field in the Victorian section of the Penola Trough located in the Otway Basin. On Thursday, Vintage announced that Amplitude Energy – the…

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KPMG hits back at Phoslock shareholder class action

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Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly. 

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ASIC opposes late evidence in novel case over CFDs

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ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.

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Binetter company liquidator wins OK for settlement in tax dodge case

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The liquidator of six companies linked to the nephew of former Nudie Juice founder Andrew Binetter has secured approval for a settlement in a case over the fallout of a massive tax evasion scheme.

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Bellamy’s settles sex discrimination suit by former CEO

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Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.

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Torres Strait Islanders lose climate change class action against government

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A judge has found that the government owes no duty of care to Torres Strait Islanders to protect them against the effects of climate change, despite finding that there was a very real risk they could become “climate refugees”.

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New Aim loses trade secrets case over employee’s WeChat contacts

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A court has knocked back online merchandise importer New Aim’s trade secrets case against a former employee who gave the contact details of the company’s suppliers, stored on his personal phone, to a competitor after jumping ship. 

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Appeals court clarifies when it is a crime to prevent payout of employee wages

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An appeals court has held that directors cannot be found guilty of unlawfully making a deal to prevent employees from receiving their entitlements if they believe they could be paid out under the Fair Entitlements Guarantee scheme.

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