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‘Diamond Joe’ Gutnick cops 4-year ban after failure of three companies
ASIC 2024-03-08 3:26 pm By Sam Matthews

ASIC has banned mining magnate Joseph ā€˜Diamond Joeā€™ Gutnick from managing corporations for four years because of his involvement in three companies that went under owing at least $43 million to creditors.Ā 

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Scyne has ‘grave concern’ about defecting partner setting up competing business, court told
Employment 2024-03-07 9:01 pm By Cindy Cameronne

Government consulting firm Scyne Advisory has argued it is entitled to enforce a non-compete clause to stop a partner from jumping to competitor Downer EDI, citing concerns she will be setting up a competing business.

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‘Itā€™s as if court dates just grow on trees’: Judge slams parties in cosmetic surgery class action
Class Actions 2024-03-07 2:50 pm By Sam Matthews

A judge has railed against the parties in a class action against Sydney-based plastic surgeon Daniel Lanzer and four of his associates for ā€œrepeated failure to comply with court ordersā€ in the two-year-old case.

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Recruitment agency Hays settles employment class action
Employment 2024-03-07 11:57 pm By Christine Caulfield

Labour hire company Hays Specialist Recruitment has agreed to pay up to $1.325 million to settle an employment class action on behalf of coal miners that has been on foot for five years.

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AUSTRAC opens money laundering investigation into Bet365
AUSTRAC 2024-03-07 2:22 pm By Cat Fredenburgh

Financial crimes regulator AUSTRAC has launched an enforcement investigation into British online betting company Bet365, after receiving an audit report on the company’s compliance with anti-money laundering and counter-terrorism financing laws.

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Telstra wins appeal of ruling putting it on hook for telemarketing firm’s ‘catastrophic crashes’
Telecommunications 2024-03-07 10:56 pm By Sam Matthews

Telstra has successfully appealed a decision holding it liable for a $2.6 million telecommunications bungle at a Melbourne-based telemarketing business, with a judge finding it was entitled to rely on the expertise of business partner Kyrtec.

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Full Court says climate change wrongly omitted from native title ruling on Santos gas project
Climate change 2024-03-06 10:35 pm By Cat Fredenburgh

The Full Federal Court has found a native title tribunal failed to consider climate change when making a finding in relation to four new petroleum production leases for Santos’ Narrabri gas project in New South Wales.

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Class action launched against Lendi Group over mortgage insurance
Class Actions 2024-03-06 3:21 pm By Christine Caulfield

Mortgage broker Lendi Group and insurer ALI Group face a class action over the sale of allegedly worthless mortgage insurance policies to homeowners.

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Qantas can’t keep lid on instructions to Herbert Smith Freehills over ground crew sacking
Employment 2024-03-06 3:57 pm By Cindy Cameronne

A judge has ordered Qantas to hand over instructions it gave to its solicitors at Herbert Smith Freehills that underpinned advice over the airlineā€™s decision to sack 1,700 ground crew during the COVID-19 pandemic.

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‘Shameful’: Qantas fined $250K for standing down health and safety rep during COVID-19
Employment 2024-03-06 10:32 pm By Cindy Cameronne

Qantas has been hit with a $250,000 fine for standing down a health and safety representative who directed co-workers to cease unsafe work during COVID-19, with a judge saying the airline’s conduct was “shameful” and designed to “advance its own commercial interests”.

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