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Treasurer Jim Chalmers has announced an overhaul of the Productivity Commission following a review which found a “culture of sexism, sexual harassment, bullying and discrimination”.
Unlawful detention class action settles for $27.5M
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A class action on behalf of 121 children who allege they were wrongfully detained in adult prisons or immigration detention due to flawed age testing has settled for $27.5 million.
Judge ‘had enough’ with delays in four-year-old AMP class action
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The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.
Solicitor closed law firm to dodge barrister’s fees, tribunal hears
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A solicitor has been found guilty of professional misconduct for shuttering his law practice to avoid paying a barrister’s $137,000 bill and for repeatedly failing to respond to the legal watchdog’s subsequent requests for information.
Law firm partner takes fight with ATO over exit payment to High Court
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A retired law firm partner has taken his battle with the ATO to the High Court, arguing he is not liable to be taxed on $182,000 in goodwill payments he received on exiting the firm’s partnership in 2008.
Shine improves disclosures in wake of review, ASIC says
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The ASX-listed Shine Lawyers has earned marks for improvement in a review by ASIC of its disclosures relating to interest on litigation funding loans, the corporate regulator said Thursday.
Graincorp hits back at class action over noisy, foul-smelling factory
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Agricultural giant Graincorp has hit back at a class action filed by rural Victorians who allege that a loud and foul-smelling oilseed factory run by the “high-handed” company has reduced the value of their homes and affected their health.
Fairfax loses strike-out bid in defamation suit over Facebook comments
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A judge has denied Fairfax’s bid to strike out allegations by a Western Australian businessman that it was the publisher of allegedly defamatory comments that appeared on one of its Facebook pages.
Build-to-rent next big thing in commercial real estate, says Baker McKenzie partner
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Commercial real estate practitioners can expect a rise in work for the build-to-rent sector amid Australia’s continuing housing crisis, says Baker McKenzie’s new partner, Emily Peverill, who joins the firm after 17 years at Herbert Smith Freehills.
Crypto is ‘not money’: Finder Wallet fights ASIC case
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Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but instead allowed customers to purchase an asset and acted as a marketing tool to funnel users to its app.