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Construction PRO
Court clarifies tax treatment for land development
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.
Construction PRO
Developer can’t claim setoff in spat with Tomkins over $55M Sunshine Coast apartments
An appeal against a ruling that the developer of a $55M Sunshine Coast residential complex could not set off a liquidated damages claim against builder Tomkins' pre-completion payment claim has been thrown out.
Sky News loses appeal in case of ‘wholesale copying’ by media monitor Isentia
An appeals court has dismissed Sky News' challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite "wholesale copying" of content for government clients.
Barrister’s failure to file tax returns doesn’t warrant lifting suspension stay: tribunal
A stay of a barrister's suspension remains in place despite claims she failed to lodge eight tax returns, with a tribunal saying non-compliance with tax obligations did not necessarily render a lawyer unfit to practice.
In landmark ruling, FWC awards pay increases to thousands of women
In a landmark decision, the Fair Work Commission has announced it will bump up the minimum wage for workers in childcare, health care and other industries by up to 35 per cent, following a review into gender-based pay undervaluation.
Failed MLC class action can’t peek at settlement deed in resolved case
The applicant in a failed class action by members of NAB's MLC Super fund can't access a settlement deed in a separate class action against the fund trustee, which resolved days after the applicant's case was thrown out.
A ‘maddening morass’: Court strikes out COVID-19 vaccine class action
A judge has struck out an "incoherent" COVID-19 vaccine-related class action, saying someone could go "mad" trying to understand the pleadings in the case.
Judge ends Keybridge administration, finds company is solvent
After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company's administration after it provided a letter of comfort and offer to fund its debts.
Clive Palmer files appeal in failed suits against ex-ASIC chair James Shipton
Clive Palmer has appealed a court's decision to toss his lawsuits against former Australian Securities and Investments Commission chair James Shipton alleging he acted in bad faith when the regulator filed criminal proceedings against him.
Bupa hit with class action over quality of aged care facilities
Bupa has been hit with a class action alleging it violated consumer laws by providing poor-quality care to residents at aged care facilities.