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A judge has ordered federal prosecutors to drop a criminal tax fraud case against a medical researcher, finding an ATO officer lied and tampered with evidence during the probe.
ASIC approves Cboe’s application to compete with ASX for IPOs
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The Australian Securities and Investments Commission has approved Cboe’s application to list companies on its platform, in direct competition with market operators, including the Australian Securities Exchange.
Man sentenced for insider trading ahead of $20M Cann Group share placement
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A Victorian man has pleaded guilty and been sentenced for trading on insider information ahead of the public announcement of a $20 million share placement for medical cannabis company Cann Group.
ASIC says 15 auditors likely did not comply with independence rules
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A recent review by ASIC found 15 auditors of different sizes failed to demonstrate compliance with independence and conflict of interest obligations.
Catalyst wins $32M from Presbyterian Church of Qld for failed land deals
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Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.
WSP flags bid to stay suit by partner on troubled Kingston development
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Engineering firm WSP may seek to permanently stay a new suit by Canberra builder Morris Construction that claims it should be on the hook for engineering and design failures by a subsidiary, the latest fight between the parties over a troubled Kingston development.
Monadelphous loses fight over amendments in suit over Kawana sewage plant
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Engineer Monadelphous has lost a fight that will affect its ability to run a limitations defence in a suit over alleged defects in a sewage plant upgrade on the Sunshine Coast.
Top Ryde City Shopping Centre sold for $525M
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Singapore-based Keppel REIT and Australian asset manager MA Financial have paid $525 million to acquire the Top Ryde City Shopping Centre in Sydney’s northwest.
AGL, Someva Renewables win thumbs up for Pottinger Energy Park
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A joint venture of AGL Energy and Someva Renewables has been given the government’s go-ahead for a new wind farm in NSW’s Riverina region that is expected to power almost 600,000 homes.
Telstra hit with $18M penalty in ACCC case over Belong speeds
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Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.