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Key witness in Hastie Services execs’ trial pointed the finger to save herself, jury hears
A former finance manager from Hastie Services and key witness for the prosecution in the criminal trial against two of the company's former executives only pointed the finger at former COO Ian Thompson to avoid jail time herself, a jury has heard.
Ex-Hastie Services CEO ordered ‘raid’ on balance sheets to make up targets, court hears
The former CEO of a unit of collapsed construction firm Hastie Group told staff to "raid the balance books" to make up financial targets linked to his bonus, prosecutors said at the outset of a two-month criminal trial.
Trial in Fitch Ratings class action delayed a second time
A battle over expert evidence in an invester class action against Fitch Ratings has delayed this month's scheduled trial in the case by three months and forced the court to send the parties' experts into conclaves.
Westpac slams ASIC for ’19th century approach’ to home loans
Banking giant Westpac has criticised the Australian Securities and Investments Commission's old fashioned approach to home loan serviceability, saying its own complex system is more efficient and would "pass muster" in the face of the regulator's allegations that it breached responsible lending laws.
ASIC pares claims against Westpac on eve of trial
The Australian Securities and Investments Commission has narrowed its case against Westpac ahead of a high-stakes trial over the bank's alleged violations of lending laws, striking claims that certain home loans were unsuitable for consumers.
Property developers accused of ‘gaming the system’ at GST class action trial
Multiple Canberra property developers have been accused of deliberately trying to avoid repaying GST to home buyers at the outset of a class action trial involving almost 500 apartment owners.
Hanson-Young defends TV comment that ‘men behave like morons and pigs’
Facing cross-examination on the second day of her defamation hearing against former Senator David Leyonhjelm, Greens Senator Sarah Hanson-Young denied she suggested all men were collectively responsible for violence against women when she said “men behave like morons and like pigs” in a television interview.
Rugby League stand-down rule ‘draconian’, court hears at Jack de Belin trial
An Australian Rugby League Commission rule barring St George Illawarra Dragons forward Jack de Belin from taking the field is “draconian” and “unfair”, a court has heard at the beginnig of a three day trial challenging the 'no-fault' rule.
Geoffrey Rush wins defamation case against Daily Telegraph publisher
Actor Geoffrey Rush has been awarded at least $850,000 in damages after taking Nationwide News to court alleging it defamed him by tainting him as a sexual predator, with the judge calling the publisher's conduct "improper and unjustified".
Airservices managers left worse off under individual contracts, class action trial hears
Lawyers for a class action against the Federal Government-owned Airservices told a court Tuesday that higher salaries on individually negotiated management contracts did not leave managers better off than they would have been under relevant collective enterprise agreements.