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One of the nation’s biggest super funds, Cbus, will face the Federal Court over alleged mishandling of $20m in insurance money , imperilling the political standing of its chairman Wayne Swan. 

Meanwhile, business and political leaders are split on whether Donald Trump will spark a trade war and impose heavy tariffs on China amid concern an ‘America first’ policy may reignite fresh inflationary pressures in the global economy.

And  PwC Australia is suing former partner Paul McNab, alleging he was key to the audit and consulting firm’s losses from a tax scandal, despite settling with a trio of other partners who also exited facing similar claims.