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Law firm accused of ‘head in the sand’ dodges costs in failed dismissal case
Employment 2022-01-20 10:14 pm By Cindy Cameronne

A law firm has escaped an order for costs sought by a Melbourne city council that argued the firm had turned a blind eye to a client’s lack of credibility in an unfair dismissal case.

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‘Inherently implausible’: Generic Partners loses fight with Neurim over melatonin drug patent
Intellectual Property 2022-01-20 2:59 pm By Cindy Cameronne

Israeli drug company Neurim Pharmaceuticals has won an eight month extension to apply for a grace period for its melatonin tablet patent to treat children with autism spectrum disorder after Australian company Generic Partners lost its “inherently implausible” opposition to the patent.

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Dixon Advisory files for administration, blaming class actions
Restructuring & Insolvency 2022-01-19 10:40 am By Cat Fredenburgh

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

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ExxonMobil takes $182M dispute with ATO to court
Tax 2022-01-17 5:58 pm By Cindy Cameronne

Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.

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ACCC cracks down on ‘outrageous’ COVID-19 RAT pricing
COVID-19 2022-01-17 6:34 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is working with the Australian Federal Police to combat price gouging over the sale of COVID-19 rapid antigen tests.

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ACCC appeals ruling from judge who ‘gagged’ at proposed $5M Employsure penalty
Appeals 2022-01-14 11:58 am By Cat Fredenburgh

The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator’s proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.

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AUSTRAC widens probe into Star Entertainment as class actions loom
Gaming 2022-01-14 11:18 pm By Cat Fredenburgh

AUSTRAC has expanded into investigation into Star Entertainment’s compliance with anti-money laundering laws, two months after a third law firm announced a shareholder class action investigation into the casino operator on the back of damning media reports.

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Airbnb host loses bid for Jobkeeper payments
Tax 2022-01-13 1:05 pm By Bianca Hrovat

An Airbnb host’s claim for JobKeeper payments has been shot down, with a tribunal saying the accommodation of paying guests at one’s own home did not constitute a business.

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ACCC zaps CovaU with $33,000 penalty over missing price comparisons
Competition & Consumer Protection 2022-01-12 5:12 pm By Bianca Hrovat

Energy retailer CovaU has been hit with $33,300 in penalties by the Australian Competition and Consumer Commission over its alleged failure to provide consumers with a percentage price comparison for its residential electricity plans.

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Mylan Australia challenges ATO decision over $1.2B Alphapharm deal
Corporate 2022-01-11 2:54 pm By Christine Caulfield

Mylan’s Australia unit is appealing decisions by the tax office to refuse deductions on interest paid under loans taken out by the pharmaceutical giant to help fund the $1.2 billion acquisition of generic drug maker Alphapharm almost 15 years ago.

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