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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.
The prudential regulator has imposed licence conditions on Bendigo and Adelaide Bank and will keep a $50 million capital add-on requirement, following a Deloitte analysis that found "material deficiencies" in its non-financial risk management.
The competition regulator has referred Vets Central’s proposed acquisition of rival Hills Veterinary Centre for an in-depth merger review, saying the tie-up could substantially lessen competition.
The ATO has lost its appeal of a ruling that put it on the hook for $35 million after a judge found it received millions misappropriated by a former Kupang Resources director in order to satisfy a tax debt against him.
The workplace regulator has put gig economy employers on notice, with new minimum wage standards for on-demand delivery workers taking effect on Monday in a world-first for the sector.
A $27 million lawsuit by Dubber against former CEO Stephen McGovern and the software firm's solicitor has been stayed as the corporate cop pursues the company's auditor.