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Ex-ACCC head Graeme Samuel has told a committee probing a KPMG whistleblower's claims that splitting audit services off from consulting firms is a "ridiculous" idea, instead recommending partnerships be regulated under the Corporations Act and "miscreant" auditors face "severe" penalties.
The Fair Work Commission has made the "very rare" decision to hit a former Aldi employee with costs after he relied heavily on artificial intelligence which undermined his own case.
New enforcement action by the competition regulator alleges Japanese car maker Subaru failed to give independent mechanics equal access to software needed to repair its vehicles.
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
A judge has taken the "draconian step" of dismissing long-running tax cases by the members of the Obeid family, on the eve of a hearing over a $30 million freezing order against the family.
A judge has declared super fund trustee Netwealth breached the Corporations Act in offering the First Guardian fund on its investment platform, which left more than 1,000 members exposed to $100 million in losses.
Roblox has agreed to take additional steps to protect children from online grooming and exploitation on its platform, following concerns raised by the eSafety Commissioner.
The competition regulator has executed a search warrant on software firm WiseTech Global as part of an investigation into alleged competition law breaches, the company said Wednesday.
The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.
Fashion retailer City Beach has lost an appeal of a $14 million penalty secured by the consumer regulator in the first enforcement action for breaches of button battery safety standards.