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ACCC’s Mastercard case ‘irrational and contrary to commercial reality’, court told
Mastercard has hit back at the ACCC’s claims that it sought to prevent competition with EFTPOS through strategic agreements with large retailers, saying the deals were struck for “benign and pro-competitive” reasons. 
Roblox agrees to enhanced child protections amid eSafety threat
Roblox has unveiled a suite of measures to boost protections for kids, after the eSafety Commissioner said it would test commitments made by the popular online gaming company amid concerns about child exploitation on the platform.
Mastercard struck deals with retailers to avoid EFTPOS ‘competitive threat’, ACCC says
Mastercard made ‘strategic’ agreements with large retailers like Coles and David Jones to keep them from routing through EFTPOS, offering discounted exchange rates that left smaller businesses footing the bill, the ACCC told the court on the first day of trial.
Former Big Un CEO pleads guilty in insider trading case
The former chief executive officer of Big Un has pleaded guilty to communicating inside information to a shareholder of the defunct video producer.
ASIC bans two more advisers for Shield, First Guardian advice
ASIC is not letting up in its pursuit of financial advisors that spruiked the Shield Master Fund and First Guardian Master Fund, banning two more advisors on top of the seven bans it has already imposed.
ASIC wants KPMG receivers to investigate Sequoia’s sale of Interprac
Concerned Sequoia Wealth wants to limit liability for claims linked to the $1 billion collapse of the Shield and First Guardian funds, ASIC has asked a court to appoint receivers from KPMG to probe the sale of Interprac Financial Planning.
Defence firm EOS to pay $4M for continuous disclosure breaches
A judge has hit Electro Optic Systems with a $4 million penalty after the defence firm admitted to continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts.
Sacked Victorian garbo who shared explicit material wins compensation
A Victorian garbage man who admitted to sharing explicit material at work has been awarded compensation after the Fair Work Commission found he was unfairly dismissed.
Latest MWL Financial adviser DQ’d for steering investors to Shield
A Melbourne adviser is the latest person linked to MWL Financial to be banned for spruiking Keystone Asset Management's failed Shield fund to clients.
Uber slammed for booting driver who touched groin during trip
The Fair Work Commission has criticised Uber for failing to explain the nature of a complaint against a driver, who touched his groin during a trip, before deactivating his account on the rideshare app.