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The consumer watchdog is pushing for a $36 million penalty against Emma Sleep after it admitted to repeatedly misleading consumers about discounts, but the online mattress retailer says a $2 million fine is adequate.
Construction PRO
A tribunal has dealt a blow to ASX-listed residential park owner Ingenia, ordering it to repay 50 per cent of the rent charged to residents at a Queensland park whose rent was raised by more than 26 per cent following a market review.
In a ruling that will have a significant impact on retailers with a young workforce, like Woolworths and Coles, the Fair Work Commission has done away with discounted rates for 18-20 year olds that work in the retail, fast food and pharmacy sectors.
Construction PRO
Former ACM head Antony Catalano and his wife are seeking compensation over alleged defects in the the façade of their $30 million St Kilda penthouse apartment, while attempting to sell the swanky digs for $6 million less than the initial asking price.
The Full Federal Court has tossed Tabcorp’s appeal of a finding that it is not entitled to a $1.49 billion tax deduction under rules governing the taxation of financial arrangements.
US-based study help platform Chegg has copped a $500,000 penalty after the Tertiary Education Quality and Standards Agency found the site helped Monash University students cheat.
Construction PRO
Defunct telecommunication company NewSat has until 7 April to pay security for defence costs in a case against a group of lenders that withdrew financial support for the company's satellite project.
Construction PRO
A local NSW council has been ordered to pay the owners of a block of land it acquired in North-West Sydney $12.7 million, with the court finding that if not for the acquisition, the land could have been used for residential purposes.
Construction PRO
A court has signed off on Someva Renewables' plan to build 62 wind turbines just outside of Hanging Rock following what the company called 18 months of "unnecessary" opposition from a local council that did little to alter the project.
US-based drug maker Cosette has lost its bid to stay proceedings alleging it induced the treasurer to reject its $672 million tie-up with Mayne Pharma, with a judge finding Mayne has a right to prosecute its case and would be prejudiced by the delay.