ATO prepared to rule out prosecuting PwC for tax offences after privilege fight

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The Australian Taxation Office has told a judge it would be prepared to “give comfort” to PricewaterhouseCoopers that it will not prosecute the accounting giant for tax offences relating to documents at the centre of a court battle over privilege.

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ACCC does about-face, blesses MYOB’s acquisition of GreatSoft

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The ACCC has approved accounting software provider MYOB’s acquisition of cloud practice management software provider GreatSoft, reversing its earlier position that the deal could harm competition because the South Africa-based company had the potential to become a strong competitor to MYOB as more accounting firms migrate to the cloud.

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Google misled users about location data privacy, judge rules

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Google misled or is likely to have misled some reasonable users of its Android devices about the digital giant’s use of their location data, a judge has found in a win for the consumer regulator.

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Greensill Capital administrators recommend winding up as ‘only suitable option’

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Administrators appointed to the Australian arm of supply-chain finance firm Greensill Capital are recommending that creditors, which are owed in excess of $1.75 billion, vote to wind up the company.

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High Court won’t hear Queensland taxi drivers’ ‘fanciful’ case over Uber losses

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The High Court has denied special leave to a group of Queensland taxi drivers seeking compensation from the state for losses allegedly caused by ride sharing services like Uber, in a lawsuit a judge described as “fanciful”.

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Telstra denied special leave in legal stoush with cities over smart payphone installation

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Telstra has failed in its appeal to the High Court to hear its battle with Melbourne, Sydney and Brisbane over the planned upgrade of its payphone network across Australia.

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‘Bad faith, deception, unfair pressure’: 4WD rental company fined $1.2M for unconscionable conduct

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A judge has slapped a 4WD rental company that made “harsh and unjustified threats” against customers who challenged its decision to retain their security deposits with a $1.2 million fine.

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QBE Insurance files COVID-19 business interruption test case

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Insurance giant QBE Insurance Australia has launched a COVID-19 business interruption test case in the Federal Court, following a landmark loss for insurers in the NSW Court of Appeal that could cost them $10 billion.

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Ex-AFL player’s eyewear company defeats indie band’s challenge to ‘xx’ trade mark  

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English indie band The xx has lost its bid to block an Australian sunglasses company co-founded by former AFL player Tom Sheridan from registering its ‘xx’ trade mark, with a delegate from the Trade Marks Office finding the band’s reputation did not extend to clothing or eyewear.

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Gaming watchdog dragged into Crown class action over Chinese gambling crackdown

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Victoria’s gaming regulator may seek to block access by a shareholder class action against Crown Resorts to transcripts of interviews with Crown employees about a Chinese gambling crackdown that resulted in the jailing of 19 employees in 2016.

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