Lex Greensill will need to pay tax on $58 million in capital gains, after losing a challenge to a tax assessment which included non-Australian gains from the sale of Greensill shares distributed to the founder of the collapsed collapsed UK-based supply-chain finance firm.
War veteran Ben Roberts-Smith has said that while he was proud to have received the Victoria Cross for his actions at the 2010 battle of Tizak in Afghanistan, winning the award “put a target” on his back, with fellow soldiers seeking to undermine those they saw as tall poppies.
Describing the federal governmentâs income-averaging debt collection program as a âshameful chapterâ, a judge has approved a $112 million settlement in the Robodebt class action, saying the agreement was fair and reasonable.
Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements for the funds.
A top intellectual property barrister who has worked on cutting-edge cases that raise novel questions about the patentability of inventions has been appointed to the Federal Court.
Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.
Ben Roberts-Smith took the stand on Thursday after publishers accused of defaming him detailed how the war veteran allegedly murdered six civilians and engaged in a cover up campaign, with the soldier saying he was “devastated” by the allegations.
Opal Tower builder Icon and structural engineer WSP Structures have been joined as defendants in a class action brought by property owners, who have also added a slew of consumer law claims to the complex proceedings.
Westpac has shot back at a lawsuit brought by ASIC over the selling of alleged poor value insurance products, with the bank saying its customers had agreed to take out the “optional” coverage.
Video game developer Epic Games has asked the Full Federal Court to overturn an “illogical” decision sending its competition lawsuit against Apple to California, saying the move would have a “chilling effect” on the enforcement of Australia’s competition laws.