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Glencore largely prevails in ATO appeal over $92M tax fight
Appeals 2020-11-06 9:57 pm By Miklos Bolza Sydney

Mining giant Glencore has mostly defeated an appeal by the Australian Taxation Office in their tax fight, and will only have to pay $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.

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Former Toll chairman Ray Horsburgh sues over Financial Review article, reporter’s emails
Defamation 2020-11-06 9:26 pm By Spencer Fowler Steen Melbourne

Former Toll Group chairman Ray Horsburgh has filed a defamation suit over an Australian Financial Review article that claimed he made a racist remark at a board meeting, and the case alleges emails a journalist sent seeking comment from the businessman were also defamatory.

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Head of Chinese group charged under new foreign interference laws
Article 2020-11-06 3:52 pm By Christine Caulfield Melbourne

A 65-year-old Melbourne man has become the first person in Australia to be charged with a foreign interference offence since new national security legislation was passed in 2018.

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Qantas engineers appeal COVID-19 stand down win for airline
Coronavirus 2020-11-06 2:10 pm By Christine Caulfield Melbourne

Aircraft engineers for Qantas are challenging a ruling that the airline had no “genuine choice” when it stood them down in March during the COVID-19 pandemic.

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Mylan fails in High Court bid to save patents for top seller Lipidil
Appeals 2020-11-06 12:06 pm By Cat Fredenburgh Melbourne

The High Court has declined to take up Mylan’s challenge to a Full Court ruling upholding the invalidity of three patents for its blockbuster cholesterol drug Lipidil.

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Ex-Macquarie financial adviser charged with dishonesty offences
ASIC 2020-11-06 10:37 am By Spencer Fowler Steen Melbourne

A former Macquarie Bank financial adviser previously banned for life from providing financial services has been hit with criminal charges.

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Sam Newman, AFL veteran sue photog over iconic Ludbey photo remarks
Defamation 2020-11-05 10:01 pm By Spencer Fowler Steen Melbourne

Former Footy Show host John ‘Sam’ Newman and AFL veteran Donald Scott have filed a defamation suit against photographer Wayne Ludbey and several media companies over articles concerning comments they made about Ludbey’s historic 1993 photo of indigenous AFL footballer, Nicky Winmar, lifting his jersey and pointing to his chest.

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Notice to all Slater & Gordon shareholders unnecessary, judge says as Pitcher Partners case scrapped
Accounting 2020-11-05 5:27 pm By Miklos Bolza Sydney

Notice of the discontinuance of a class action on behalf of Slater & Gordon shareholders against Pitcher Partners need not be sent to all group members, a judge has ruled, acknowledging there would be “significant practical difficulties” with trying to reach everyone.

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Home security company ADT to refund customers billed after ending contracts
ACCC 2020-11-05 5:12 pm By Miklos Bolza Sydney

Home security provider ADT Security has agreed to repay customers after admitting it likely made false or misleading representations by invoicing customers who had already terminated their contracts.

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Amicus to argue against CFO in $138M IAG class action settlement
Adam Hochroth 2020-11-05 4:34 pm By Miklos Bolza Sydney

An amicus curiae will be appointed by the court to argue against a common fund order application by the funder backing a class action against two Insurance Australia Group subsidiaries, after the insurance giant agreed to a $138 million settlement last month.

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