Meta’s legal bills soar to US $2.4 billion amid lawsuits from Andrew ‘Twiggy’ Forrest and others

The parent company of Facebook and Instagram has lost billions of dollars in profits as bills from multiple lawsuits stack up. 

The parent company of Facebook and Instagram has lost billions of dollars in profits as bills from multiple lawsuits stack up. Plus, the government winds back its so-called “widow’s tax”, a new desl to reopen the Strait of Hormuz, and Jetstar passengers facing a new fee for using overhead lockers, 

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Meta’s soaring $2.4bn legal bill wipes out profit growth amid multiple lawsuits

Labor moves to neutralise ‘widow’s tax’ and testamentary discretionary trust issues

US aiming for Hormuz deal on Wednesday: Axios

Jetstar to charge passengers for using overhead lockers for carry-on bags

The parent company of Facebook and Instagram has lost billions of dollars in profits as bills from multiple lawsuits stack up. Plus, the government winds back its so-called &ldquo;widow&rsquo;s tax&rdquo;, a new desl to reopen the Strait of Hormuz, and Jetstar passengers facing a new fee for using overhead lockers,&nbsp;
Read more:&nbsp;
<a href="https://www.theaustralian.com.au/business/technology/metas-soaring-24bn-legal-bill-wipes-out-profit-growth-amid-multiple-lawsuits/news-story/156ce1d58dc75ebfb2cd8a58018d29b6">Meta&rsquo;s soaring $2.4bn legal bill wipes out profit growth amid multiple lawsuits</a>
<a href="https://www.theaustralian.com.au/nation/labor-caves-to-demands-neutralises-widows-tax-and-testamentary-discretionary-trust-issues/news-story/8ed7c6b7b4f5e203618537636d1c042a">Labor moves to neutralise &lsquo;widow&rsquo;s tax&rsquo; and testamentary discretionary trust issues</a>
<a href="https://www.theaustralian.com.au/nation/politics-latest-david-pocock-says-house-price-correction-a-good-thing/live-coverage/cc1afe7fdab1894cfed7ee82acbeb4ee#:~:text=US%20aiming%20for-,Hormuz,-deal%20on%20Wednesday">US aiming for Hormuz deal on Wednesday: Axios</a>
<a href="https://www.theaustralian.com.au/business/aviation/jetstar-to-charge-passengers-for-using-overhead-lockers-for-carryon-bags/news-story/b6082118b44750022bf098195b868f70">Jetstar to charge passengers for using overhead lockers for carry-on bags</a>

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The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories.

The Front

The Front brings the unrivalled journalism of Australia’s national broadsheet to audio, featuring each day’s essential page one stories, journalists’ candid take on the issues that matter and behind-the-scenes insight from our newsrooms.

To find out more about The Front you can link here and for more from the newsroom at The Australian link here or search for The Australian in your app store.

The Front brings the unrivalled journalism of Australia&rsquo;s national broadsheet to audio, featuring each day&rsquo;s essential page one stories, journalists&rsquo; candid take on the issues that matter and behind-the-scenes insight from our newsrooms.
To find out more about The Front you can link <a href="https://www.theaustralian.com.au/nation/the-front/podcast/7e7d42e8c77b597cf8532d2e0c847e10">here</a> and for more from the newsroom at The Australian link <a href="https://www.theaustralian.com.au/">here</a> or search for The Australian in your app store.

Meta losing big money as legal bills stack up

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