Yesterday
Plenary CEO avoids conviction after guilty plea
Two charges related to resisting and assaulting police were withdrawn after David Lamming’s guilty plea was accepted by the local court.
- Max Mason and Zoe Samios
This Month
Japan court jails Perth grandmother for drug trafficking
Donna Nelson has been found guilty of importing methamphetamine concealed in a suitcase. She says she is the victim of an online romance scam.
- Jessica Sier
November
IAG didn’t register Greensill Capital insurer with ASIC: court claim
Greensill Capital’s key insurance agency did not have approval from regulators to act as an insurer when it was half-owned by $20 billion group IAG, new court documents allege.
- Jenny Wiggins
Webjet misled customers on fares for years, says ACCC
The online travel agency allegedly charged one customer $21,764 more after the booking had been made. Webjet says it is cooperating with the regulator.
- Ayesha de Kretser
Police apply for AVO against wife of Barrenjoey banker
Police have secured an apprehended violence order against Jessica Bowditch after charging her with the assault of high-profile banker Dyson Bowditch.
- Max Mason
Macquarie fined $25m in UK after false trades
The UK’s Financial Conduct Authority fined Macquarie millions after a junior trader booked hundreds of false trades to cover up losses.
- Jonathan Browning
Greens candidate’s ‘romance scam’ drug trial starts in Japan
Perth grandmother Donna Nelson is facing drug smuggling charges in Japan, and her family believes she was duped by an online love scam.
- Jessica Sier
Former Slater & Gordon HR boss alleges firm knew about underpayments
In July, the Labor-aligned law firm disclosed a decade-long miscalculation of leave, which had left staff out of pocket. It attributed this to human error.
- Maxim Shanahan
Cbus customer service provider hits back
Superannuation administration platform Link Group says it services 19 other super funds that do not face the same level of complaints as Cbus.
- Hannah Wootton
When things went wrong for the cafe baron and the Chinese shoe king
The Federal Court has ordered that Faddy Zouky’s assets be frozen until he pays back nearly $9.6 million after a business deal turned sour.
- Updated
- Max Mason
Systemic customer failings in super, says ASIC
The opposition has accused the Albanese government of looking after super funds rather than their members, as ASIC warns more prosecutions are afoot.
- Hannah Wootton
ASIC sues Cbus for ‘inordinate delays’ in claims worth millions
The super fund headed by former treasurer Wayne Swan has admitted that failing to process payments cost members $20 million. Past payouts suggest the figure could be closer to $1 billion.
- Updated
- Hannah Wootton
- Exclusive
- PwC tax scandal
PwC Australia settles with three former partners for millions
The firm has entered into settlements worth millions with two partners forced to leave amid the tax leaks scandal and another former partner.
- Edmund Tadros
Australian AI start-up founder accused of faking financials in US
Baba Nadimpalli has been accused of providing fake bank statements and falsifying revenue numbers to investors by the US corporate regulator.
- Max Mason
Case closed: Escala loses bid to restrict defecting partners
Paul Sealey and Jonathan Vickers‑Willis defected to rival LGT Crestone in 2023 amid a spate of departures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
AAT lawyer accused of ‘vile language’ in tweets targeting conservatives
The new Administrative Reviews Tribunal deputy president Clare Thompson allegedly abused conservatives on Twitter, and described Liberals as “misogynistic toe rags”.
- Hannah Wootton
UK watchdog plans action against Crispin Odey over sexual misconduct
Hedge fund boss Crispin Odey was the subject of a series of assault claims in 2023 that plunged the firm he founded into turmoil.
- Leonard Kehnscherper
October
Optus ‘exploited’ vulnerable people, ACCC alleges
The telco group sold phone plans to people who could not use them at home because there was no Optus coverage where they lived, the competition watchdog claims.
- Jenny Wiggins
Optus disputes ACMA’s ‘not highly sophisticated’ cyberattack claim
The hacker in Optus’ 2022 data breach had “a high degree of knowledge” of the telecommunications group’s confidential systems, Optus has claimed.
- Jenny Wiggins
Former Abercrombie & Fitch CEO charged with sex trafficking
A US indictment alleges Mike Jeffries often recruited male models for sex with the promise of appearing in the retailer’s ads.
- Updated
- Jennifer Peltz
