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Construction company Clough Limited has appealed a ruling that found it cannot claim over $15 million paid to employees for cancellation of their shares and options as a tax deduction.
Christian Porter could lose Attorney-General post in Cabinet reshuffle
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Speculation is growing that Prime Minister Scott Morrison is poised to move embattled Cabinet ministers Christian Porter and Linda Reynolds off their portfolios, in a reshuffle of his front bench amid a deepening political crisis.
UNSW accused of firing professor who complained of sex discrimination
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The University of New South Wales has been taken to court by a former tenured professor who alleges she was terminated after making complaints about discrimination against female academics, bullying and misuse of her intellectual property.
HWL Ebsworth sued by former equity partner excluded from failed IPO
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HWL Ebsworth has been hit with a second lawsuit filed over its failed IPO, with a former equity partner accusing the law firm of excluding him from the profits of the IPO and expelling him because he did not go along with the exclusion.
FE Sports to pay $350,000 penalty for ‘serious’ resale price maintenance
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Brisbane-based sporting goods wholesaler FE Sports has been fined $350,000 for engaging in resale price maintenance that prohibited dealers from advertising certain products for less than the recommended retail price.
Banksia silk’s refusal to give evidence while seeking to reopen defence ‘inexcusable’, judge says
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Allowing former senior barrister Norman O’Bryan to reopen his defence in the Banksia class action while “avoiding the witness box” was clearly prejudicial, and futile to boot, a judge has said in his reasons for refusing the silk’s last-minute application.
‘Hardly seems worth the powder and the shot’: Judge asks why ASIC still pursuing CBA MySuper case
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A judge has questioned why ASIC is still pursuing its case CBA unit Colonial First State over statements made to 12,000 fund managers during the transition to MySuper accounts, after the bank admitted it misled members in 61 of the 80 phone calls at the heart of the case.
KPMG can’t delay defence in Arrium class action
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A bid by KPMG to push off the filing of its defence in a class action over misleading statements ahead of Arrium’s $754 million capital raising in 2014 has been shot down by a judge, who said the auditor has known the claims against it since November.
Freedom Foods pushes to have Blue Diamond dispute heard in Australia
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Freedom Foods is not giving up on its legal battle to have a dispute with Blue Diamond Growers over an almond licensing deal determined in Australia.
Qantas denies age discrimination claims by senior pilot
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Qantas has hit back at a lawsuit by a 64-year-old long haul pilot that has flown with the airline for 40 years accusing it of age discrimination for only providing voluntary redundancy to employees under 63 years old.