This Month
More than $700k sent to director’s wife in alleged $120m GST scam
The wife of one of the directors of collapsed pub empire Virtical told examinations she had no memory of the more than 20 transactions sent from the company.
Former Tabcorp chief alleges boardroom full of sexist, sexual remarks
Adam Rytenskild claims the bookmaking giant hypocritically sacked him for a crude remark about a regulator, a comment he denies he said.
Westpac says loan fraud whistleblower got bigger bonus, not cast out
The bank’s former head of risk and treasury audit says she was victimised after raising concerns two years ago that some mortgage brokers were faking documents.
Battery policy makes ‘economic sense for everyone’
Labor’s pledge to subsidise new home batteries is expected to charge take-up, help households save on their energy bills, and reduce the time it takes to pay them off.
AFR readers park US travel plans in wake of Trump policies
Readers of The Australian Financial Review are turning off travel to the US due to the Trump administration’s approach to border control and diversity issues.
Bookmaker behind Ladbrokes turned blind eye to drug money laundering
Over 640 pages, Austrac accuses the UK bookmaking giant of failing to catch “large amounts of money being regularly moved”.
HESTA says WiseTech’s new director ‘falls short’ of expectations
The industry superannuation major is concerned that the logistics software giant has appointed its former chairman as lead independent director.
March
WiseTech investors say they want new CEO, but back White
A shareholder sentiment survey came as the software giant said former chairman Andrew Harrison would return as lead independent director.
ATO alleges ex-EY partner ‘lined his pockets’ with client money
A former EY partner received secret commissions from clients by not disclosing relationships with companies he used to facilitate illegal tax schemes, the Tax Office alleges.
Former EY partner being sued by ATO challenges tax assessment
Peter White is accused of promoting three illegal tax schemes to seven clients and taking $700,000 in secret commissions.
Players in alleged $200m GST scam turn on each other in court
Each of the two former directors of pub-owning company Virtical say the other was responsible for invoices that could reveal the biggest GST tax fraud in Australia’s history if proven.
$5m gold bullion twist in hunt for collapsed pub group’s millions
Former Virtical director Mark Toma told a court it wasn’t him who turned up in a Range Rover to buy bullion from a Martin Place gold merchant, as the pub group’s $100 million fake GST refund scandal erupted.
AustralianSuper sells $580m stake in WiseTech, takes swipe at board
The country’s largest super fund has been one of the logistics software giant’s largest shareholders. It says the company had “not met our expectations”.
HCF CEO allegedly froze out leadership rival before sacking her
The health insurance giant’s former chief information officer says staff were told she was terminated despite a “vague” investigation yet to be finished.
Crew knew what was afoot on Qatar strip search flight, court told
Five Australian women are appealing a court ruling against their claim for damages after they were strip searched at Doha airport in 2020.
South32 accused of stealing confidential information
South32 is embroiled in a legal dispute with a contractor, which is accusing it of taking its confidential information to copy its products.
White hadn’t seen damning WiseTech review: lawyers
Clayton Utz says the WiseTech founder did not receive the full board review into his conduct and was not provided the opportunity to respond to the partial findings released on the ASX.
Super giants demand WiseTech overhaul after damning White review
A board review found the software company’s billionaire co-founder had misled the board and made incomplete disclosures about his relationship with an employee.
ASIC calls in former WiseTech directors to provide evidence
ASIC has begun interview four former WiseTech directors who resigned from the board over a dispute with founder Richard White.
Star’s top lawyer concedes casino should have cut junket operator
Star’s former top lawyer was extensively questioned over the troubled casino operator’s relationship with an Asian gambling junket operator.