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Setka hits back at FWO case over alleged coercion of AFL
Employment 2025-07-11 11:57 pm By Sam Matthews

Former CFMEU figure John Setka has denied the workplace watchdog’s claims that he tried to coerce the AFL into sacking its head umpire over his previous role at the Australian Building and Construction Commission, saying the union had a legitimate political interest in polemicising against an “anti-unionist” officiating “a working man’s sport”.

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Mayfair’s conduct ‘cannot be laid at the door of any lawyers’: judge
ASIC 2025-07-10 11:55 pm By Cindy Cameronne

A judge has criticised Mayfair Group’s “directing mind” James Mawhinney in a do-over of ASIC’s case over notes tied to Mission Beach properties, saying “vociferous and continuous efforts” to blame others, including lawyers, for investor losses did not reflect well on him.

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Payday lenders BSF, Cigno lose appeal in ASIC case
Financial Services 2025-07-10 10:07 am By Cindy Cameronne

Payday lenders BSF Solutions and Cigno have lost an appeal in action by ASIC alleging they engaged in unlicensed credit activity and charged prohibited fees, in the case’s second run up to the Full Federal Court.

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Grant Thornton partner admonished for iSignthis audit review
Financial Services 2025-07-10 11:25 pm By Sam Matthews

A Grant Thornton partner has been admonished for failing to properly review the firm’s audit of the 2018 financial statements of delisted fintech iSignthis, in a promising turn for a recently filed class action.

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ACCC clears Lactalis play for Fonterra assets
M&A 2025-07-10 11:08 pm By Julia Kanapathippillai

The Australian Competition and Consumer Commission will not oppose an acquisition by Lactalis of assets of New Zealand dairy cooperative Fonterra if the French multinational is successful in its bid.

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ASIC wins $3.5M penalty over funeral insurer’s ‘Aboriginal owned’ claims
Insurance 2025-07-10 11:30 pm By Andy Sidler

Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.

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Melbourne Uni professor axed for relationship with student wins job back
Employment 2025-07-10 11:06 pm By Julia Kanapathippillai

A Melbourne University engineering professor who was sacked for sending intimate messages to a PhD student has been reinstated after the Fair Work Commission found he was unfairly dismissed.

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ASIC bans advisers for directing clients to Keystone’s Shield Master fund
Financial Services 2025-07-09 11:22 pm By Christine Caulfield

Two financial advisers who allegedly recommended a failed fund linked to Keystone Asset Management have been disqualified by the corporate cop.

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Uber driver files FWC case over recurring app malfunctions
Employment 2025-07-09 11:40 pm By Sam Matthews

A Sydney-based Uber driver has filed a Fair Work Commission case seeking $50,000 in compensation and damages over recurring malfunctions in the rideshare app, saying drivers “should not bear the financial burden of Uber’s technical failures”.

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SkyCity investor wants to sue execs to recoup $67M penalty
Securities 2025-07-08 11:08 pm By Andy Sidler

A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino’s money laundering risk, which last year resulted in a $67 million penalty.

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