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Court rejects ‘trawling exercise’ ahead of Waller Legal negligence trial
Trials 2025-01-28 11:42 pm By Sam Matthews Melbourne

The plaintiff in a negligence case against Waller Legal has failed in his last-minute call to vacate the trial to obtain more documents, an exercise a judge said would “make a mockery of the Civil Procedure Act”.

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Chartered Accountants drops investigation into ex-PwC tax partner
Tax 2025-01-07 4:14 pm By Cindy Cameronne Sydney

Accounting disciplinary body Chartered Accountants ANZ has dropped its investigation into former PwC tax partner Wayne Plummer, who was linked to the firm’s tax leaks scandal in 2023. 

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Lead auditor for collapsed Greensill suspended for multiple failures
Financial Services 2024-12-16 11:13 pm By Cindy Cameronne

The lead auditor for the collapsed Greensill group, which was wound up in 2021 with claims over $1.7 billion, has been suspended until June 2026 for failing to adequately carry out his duties. 

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Clients of Sydney fraudster Melissa Caddick settle class action
Settlement 2024-12-06 3:37 pm By Cindy Cameronne Sydney

A class action brought by former clients of Melissa Caddick, who were defrauded out of $23 million, have settled their claims against a group of SMSF auditors.

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Former PwC partner settles defamation claim over tax leaks statements
Defamation 2024-11-12 11:29 pm By Cindy Cameronne Sydney

A former PricewaterhouseCoopers partner has settled his defamation claim against the firm over public statements that allegedly falsely linked him to its tax leaks scandal in 2023.

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Partner numbers at consulting firms should be capped in wake of PwC scandal: report
Policy and Regulation 2024-11-07 11:50 pm By Christine Caulfield

Professional services firms should be limited to 400 partners to improve accountability and transparency, a final parliamentary report into the PwC tax scandal has proposed.

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Xero paid engineer less than male colleagues for taking parental leave: suit
Employment 2024-10-30 11:57 pm By Christine Caulfield

Accounting software company Xero allegedly told a female engineer her salary was lower than male colleagues because her skillset had diminished on parental leave.

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KPMG, Phoslock hit with shareholder class action
Class Actions 2024-10-14 11:06 pm By Christine Caulfield

Water treatment company Phoslock and auditor KPMG face a shareholder class action, but not by the law firm that secured documents for a potential case.

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Ex-EY partner accused of taking $700K in secret commissions won’t ‘show hand’
Tax 2024-10-04 3:30 pm By Cindy Cameronne Sydney

A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.

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Liquidators settle with Grant Thornton, Moore Stephens over Linchpin audits
Accounting 2024-09-30 11:40 pm By Christine Caulfield

Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.

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