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AUSTRAC probes Western Union over ‘high-risk’ payment channels
AUSTRAC is investigating Western Union over concerns about management of high-risk payment channels and customers.
Queensland University underpaid staff $11M in wages, super
The University of Queensland has signed an agreement with the Fair Work Ombudsman after it underpaid 16,000 staff a total of $11 million, the latest university in the spotlight for shortchanging employees. 
ACCC says ‘gaping silence’ on how Meta will use AI in discovery
AI-enthusiast Meta has been silent on how the technology will be used in discovery in Australian Competition and Consumer Commission proceedings over scam cryptocurrency ads, a court has heard. 
Judge tosses part of Coles underpayments class action
A judge has dismissed a portion of an applicant's claims in FWO and class action cases against Coles and Woolworths, while final declarations against the supermarket giants remain to be made, almost one year after the companies were found liable for $780 million in back pay.
Privacy reforms add ‘right to erasure’, but no ban on smart glasses
The latest privacy reforms will target risks associated with new digital technology and artificial intelligence, adding a fair and reasonable test for data collection and a right to erasure on large platforms.
Aldi produce wholesaler admits liability in ACCC cartel case
Produce wholesaler Perfection Fresh has admitted liability in the competition watchdog's case alleging it made price-fixing arrangements with other suppliers before submitting weekly quotes to Aldi. 
BDO director brings strike-out bid in ASIC case over Dubber audit reports
A BDO director has filed a strike-out bid in ASIC’s case over alleged false and misleading reports for ASX-listed software company Dubber, with the accounting firm flagging its support for the application. 
Class action against ASIC over housing scheme discontinued
A class action filed against the corporate cop over alleged inaction against a failed housing scheme targeting the elderly has been discontinued after the lead plaintiff was unable to secure litigation funding. 
Coles ditches court challenge to ACCC block of Kalgoorlie site buy
Coles will continue its fight against the ACCC's decision to block its plans to lease a new site in Kalgoorlie, WA in the Competition Tribunal only, dropping a Federal Court challenge.  
‘Who is looking at them?’: ASIC chair calls for regulation of Big 4
In her first speech as chair of ASIC, Sarah Court has called for regulation of Big 4 accounting firms in the wake of the KPMG whistleblower scandal and warned the collapse of property developer Bathla may be the “first significant crack” in the private credit market.