Thanks DHBruce. So about 50% taken by MauriceBlackburn and funding partners and remainder to shareholders.
Don't know what the taxation treatment; in spite of my nick I don't practise but would have thought it would be treated as a capital gain. The GIO example below from the ATO website might be relevant here:
http://www.ato.gov.au/Individuals/Ind/Compensation-received-under-the-GIO-class-action/
class action against nab, page-56
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