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Medibank class action trial may run before OAIC case, judge says
A judge overseeing the Office of the Australian Information Commissioner's case against Medibank alongside a class action against the health insurer is considering delaying a hearing in the regulator's case until after trial in the group proceeding.
Entain judge says expert reports to blame for soaring trial costs
A judge has raised concerns that lengthy expert reports filed by AUSTRAC and Entain in the regulator’s AML/CTF case have strayed into expressing “positively unhelpful” opinions.
eHarmony flags appeal in ACCC case over ‘subscription trap’
eHarmony has won a fight for declarations to be made following a judge’s finding that it misled customers about automatic subscription renewals, opening the door for the dating site to bring a foreshadowed appeal.
Construction PRO
Ex-federal judge to lead South Australia’s AI royal commission
Former Federal Court Justice Iain Ross has been appointed to lead South Australia’s royal commission into the risks and opportunities of artificial intelligence.
APRA to toughen trustee rules after $1B Shield, First Guardian failure
The Australian Prudential Regulation Authority has released a series of proposals to strengthen superannuation investment governance in the wake of the $1 billion collapse of investment funds Shield and First Guardian.
ASIC to scrutinise AI use by banks
The corporate regulator said Wednesday it would review the banking sector’s use of artificial intelligence to ensure customer protections have not been lost in the rush to adopt AI tools.
ASIC wins bid to block Ryzon’s capital reduction amid enforcement action
A court has slapped an injunction on Ryzon Materials to restrain it from a proposed capital reduction, citing concerns it could allow the company to avoid a potential penalty in a case by the corporate regulator.
ACCC takes action against retailers over Black Friday sales
The ACCC has slapped two retailers with infringement notices for 'limited time' Black Friday discounts that in reality continued after the advertised sale period.
Cement Australia fights amendments to Boral’s ‘green’ cement patent
Cement Australia has appealed a decision allowing Boral to amend its patent for a lower carbon cement, after losing its argument that the changes would broaden the scope of the patent.
ASIC disqualifies former Warwick Gold director for four years
A former Warwick Gold and Impact Gold director is banned from managing corporations for the next four years, after the $44 million collapse of the mining companies.