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ASIC says number of private Bathla lenders to make funds tracing tough
As Bathla administrators reveal debts of over $3.4 billion, the corporate regulator has told a senate committee hearing the sheer number of private lenders that backed the company will make its tracing task difficult.
Beacon Minerals project manager sentenced for insider trading
A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 
ACCC approves Kimberly-Clark, Kenvue merger with divestitures
The ACCC has granted approval for US-based consumer goods giant Kimberly-Clark's acquisition of rival Kenvue, provided it divests Kenvue's Carefree and Stayfree period care brands.
Court orders CashnGo to pay $3.5M penalty in ASIC case
A Federal Court judge has ordered small loan provider CashnGo to pay $3.5 million after it admitted to using unfair terms in customer contracts.
ASIC seeks $30M penalty against Hollard Insurance over claim delays
The Australian Securities and Investments Commission is seeking $30 million in penalties in its case against Hollard Insurance over delays in assessing the claims of a couple over damage to their home from a storm. 
ASIC closes probe into MinRes, Chris Ellison
The Australian Securities and Investments Commission has closed an investigation into Mineral Resources and its billionaire founder Chris Ellison following media reports of alleged tax evasion.
Construction PRO
Transgrid loses bailout bid over $3.6B EnergyConnect costs
The Australian Energy Regulator has rejected transmission company Transgrid's bid to bill customers an extra $1.2 billion in costs for its EnergyConnect project.
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.