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The sSafety Commissioner is investigating five major social media companies over their compliance with a new ban on kids under 16 accessing their platforms, saying they have not implemented appropriate systems to keep kids off.
In a ruling that will have a significant impact on retailers with a young workforce, like Woolworths and Coles, the Fair Work Commission has done away with discounted rates for 18-20 year olds that work in the retail, fast food and pharmacy sectors.
Three companies associated with makeup retailer Mecca have copped $594,000 in penalties for allegedly failing to lodge audited financial reports on time.
Mastercard has lost its challenge to a ruling requiring it to hand over communications about agreements with retailers in a misuse of market power case brought by the competition regulator.
The operator of eyewear franchises OPSM and Laubman & Pank has paid a $19,800 penalty after the ACCC found it failed to provide up-to-date disclosures to prospective franchisees, several years after promising to make its franchise system more transparent.
A judge has slapped defunct crypto firm Binance Australia Derivatives with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors.
Parliament has rushed through legislation doubling penalties against petrol companies for pricing misconduct to $100 million, as prices skyrocket due to the ongoing conflict in the Middle East.
A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.
The federal government has proposed doubling penalties against petrol companies for pricing misconduct to $100 million, as conflict in the Middle East causes prices to skyrocket.
A judge has asked the Australian Competition and Consumer Commission and Meta to resolve their standoff over document discovery in a case over scam cryptocurrency ads on Facebook.