Social media companies will face hefty fines of up to $50 million for violating a ban on kids under 16 accessing their platforms.
The Full Court has granted a bid for a costs certificate by a former Atanaskovic Hartnell general manager whose win in an employment suit was overturned due to a judge’s “uncritical copying and pasting” of submissions.
The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.
Coles and Woolworths have been hit with class actions on the back of ACCC proceedings alleging the grocery giants misled consumers with false discounts.
The Albanese government is planning to introduce new duty of care regulations that would require social media companies to take proactive steps to protect users from harm online.
The High Court has agreed to rule on whether common fund orders can ever be made in class actions, including so-called solicitors’ common fund orders allowing lawyers to earn a cut of any settlement.
The ATO has won the nod from the High Court to appeal a finding that a royalty withholding tax did not apply to payments from Schweppes to PepsiCo under agreements to sell brands like Pepsi and Gatorade in Australia.
The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.
The Albanese government has taken aim at social media companies, proposing a world-first ban on access to their platforms for children under 16.
Carnival has settled a class action on behalf of passengers on a seven-day South Pacific voyage that became the “cruise from hell” when their vessel sailed into a Category 5 cyclone.