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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 government’s income-averaging debt collection program as a “shameful chapter”, 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.
A judge has refused an application by banned lawyer Serene Teffaha for a temporary stay of a decision by Victoria's legal watchdog to strip her of her practising certificate.