Slater and Gordon closes at new low as investors face wipeout
Investors slammed shares in Slater and Gordon as the troubled law firm said it was yet to reach a deal with its lenders and revealed its trading performance was weaker than expected.
Sarah is a business courts reporter based in Melbourne.
Investors slammed shares in Slater and Gordon as the troubled law firm said it was yet to reach a deal with its lenders and revealed its trading performance was weaker than expected.
Wagering giant Tabcorp has forked out $45 million to settle a money laundering case with the government's financial intelligence agency AUSTRAC.
Primary Health Care has posted a 69 per cent slump in first half net profit to $21.1 million, underpinned by a weak performance in its medical centres division.
Top Australian-American lawyer Lesley Ann Skillen has highlighted the multibillion-dollar budget-boosting benefit of introducing US-style whistleblower protections in Australia.
Bankrupt mining magnate Joseph Gutnick will face a public grilling over his bankruptcy affairs as early as next month.
Marcelino Fernandez Verdes, the executive chairman of CIMIC, the company formerly known as Leighton, has joined the echelons of Australia's highest paid bosses with his total remuneration for 2016 hitting a whopping $17.2 million.
The former director of Cairns-based Trek North Tours has been charged for allegedly lying to avoid paying out $55,000 to the Fair Work Ombudsman for underpaying staff who were mainly backpackers.
A former senior accountant at Slater & Gordon is suing the social justice law firm claiming she was discriminated against after she returned from maternity leave and later unfairly made redundant.
A "damning" report into lending practices by the big banks to small business has fuelled calls for a royal commission into the financial services sector.
Liquidators to failed satellite company NewSat are seeking more than $270 million in damages from its former managing director Andrew Ballintine and former chairman Richard Green.
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