Star casino in hunt for new boss, again

Georgia Wilkins Echo Entertainment is on the hunt for a new boss for flagship casino the Star after its managing director quit to take up a role overseas.

Governance

Newcrest facing class action over market disclosure scandal

Georgia Wilkins and Peter Ker Newcrest Mining's difficult year is not over, with law firm informing the goldminer that a class action is likely to arise from its investigations into this year's market disclosure scandal.

Courts

ASIC drops case against AWB directors Charles Stott and Michael Long

Georgia Wilkins The corporate regulator has abandoned proceedings against two former AWB directors in connection to the Iraq Oil-for-Food scandal.

Gaming

The Star casino chief Frederic Luvisutto resigns

Georgia Wilkins The head of Sydney’s The Star casino has resigned to take up a job overseas.

Mining

Shareholders take Newcrest to court over share fall disclosure

Georgia Wilkins Shareholders will launch a class action against gold miner Newcrest over potential breaches of disclosure laws after its shares fell sharply prior to a market announcement in June.

Coal

Whitehaven wins legal bid against Maules Creek mine

Georgia Wilkins Construction is set to begin on the controversial Maules Creek coalmine near Tamworth after the Federal Court rejected claims by environmental groups that its approval broke the law.

Courts

Whitehaven wins Maules Creek legal battle

Georgia Wilkins The Federal Court has thrown out a challenge to the controversial Maules Creek coalmine’s approval, allowing for the 30 year development to go ahead.

Banking

Gonski to lead ANZ deep into Asian markets

Georgia Wilkins ANZ's Asian push has been given more drive, with the bank appointing Future Fund boss David Gonski as its chairman while moving to assure shareholders that the regional strategy was key to driving...

Banking

ANZ boss Mike Smith defends Asia push

Georgia Wilkins ANZ boss Mike Smith has hit back at critics of the bank's aggressive push into Asia, saying the region was key to growing shareholder returns in Australia.

Banking

ANZ names David Gonski as its next chairman

Georgia Wilkins ANZ has announced David Gonski will replace John Morschel as chairman of the bank in 2014.

Broking

Independent expert to investigate CommSec over pooling clients' money

Georgia Wilkins Independent expert will investigate Commonwealth Bank's online broker after the financial regulator found it pooled clients' money and withdrew funds from client accounts for years without...

Legal

Ria Financial hit with $225,000 fine

Georgia Wilkins Money transfer company Ria Financial Services Australia has been fined nearly a quarter of a million dollars for contravening Australian anti-money laundering laws.

ASIC chides companies on faulty preparation of reports

Georgia Wilkins Companies are failing to accurately disclose the value of their assets in financial reports, prompting a number of inquiries by the corporate regulator.

Regulation

ASIC chides companies on faulty preparation of reports

Georgia Wilkins Companies are failing to accurately disclose the value of their assets in financial reports.

Regulation

iBuy gets stern warning over aspects of prospectus before float

Georgia Wilkins ASIC says online retailer failed to adequately disclose certain information to investors.

Courts

Former health minister Michael Wooldridge and Prime Trust directors 'breached duties'

Georgia Wilkins Federal Court finds directors breached duties by overseeing a $33 million fee to the trust's founder.

Courts

Liberals heavyweights Michael Wooldridge and Peter Clarke face $200,000 fines over $33 million nursing home trust fee

Georgia Wilkins A Federal Court has found the directors behind failed nursing home empire Prime Trust, including former federal minister for health and ageing Michael Wooldridge, breached their corporate duties by...

Regulation

Productivity Commission call to fast track approvals for major projects

Georgia Wilkins The Productivity Commission has a suite of reforms to get projects off the ground.

Regulation

Australian firms exposed to corruption risks by presence in bribery-prone countries

Georgia Wilkins Australian companies remain heavily exposed to the risk of corruption due to their strong presence in bribery-prone countries, according to global corruption watchdog.