Former CFMEU boss misses deadline for defence in FWO case

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Former CFMEU Victorian branch boss John Setka has defaulted on a deadline to file a defence in a case over alleged attempts to have the AFL sack its head of umpires, who previously led the construction watchdog.

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Citing financial uncertainty, Star says trial in AUSTRAC case should not wait

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Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told

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A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Frasers Property in $600M logistics JV with Morgan Stanley’s real estate investment arm

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Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.

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Court clarifies tax treatment for land development

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A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.

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