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OAIC takes Australian Clinical Labs to court over data breach
Privacy & Cybersecurity 2023-11-03 3:14 pm By Cindy Cameronne

The Office of the Australian Information Commissioner has brought civil penalty proceedings accusing pathology services provider Australian Clinical Labs of failing to take steps to prevent a February 2022 data breach that affected millions of patients.

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Kmart hit with $1.3M penalty for spam violations
Privacy & Cybersecurity 2023-11-02 11:12 pm By Cat Fredenburgh

The communications regulator has slapped Kmart Australia with a $1.3 million penalty for sending more than 200,000 marketing emails to customers who had previously unsubscribed from its communications.

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Ralan managing director pleads guilty to fraud over $251M loans
White Collar 2023-11-01 3:45 pm By Cindy Cameronne

The former managing director of property developer Ralan Group could face up to 60 years in prison after pleading guilty to six fraud offences over loans the defunct corporate group took out to fund several projects in Sydney. 

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EY outs itself as former employer of tax practitioner facing ATO action
Tax 2023-11-01 11:21 pm By Christine Caulfield

The practitioner accused in court of promoting tax exploitation schemes to clients was a former partner at EY who was terminated last year after allegedly disclosing $700,000 in unauthorised benefits, the consulting giant has confirmed.

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Mawhinney’s defamation case against ASIC put on hold
Defamation 2023-10-31 11:44 pm By Cat Fredenburgh

Trial in a defamation suit by Mayfair 101 founder James Mawhinney over a media release issued by ASIC has been pushed off until the outcome of the regulator’s second go against the investment spruiker.

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Flight times not guaranteed, Qantas says in defence of ‘ghost flights’ case
Competition & Consumer Protection 2023-10-30 1:47 pm By Cindy Cameronne

Qantas has hit back at the ACCC’s case alleging it sold thousands of tickets on cancelled flights for commercial gain, saying airlines cannot guarantee flights will run as planned.

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Paypal can’t patent AI-powered user recommendations, IP Australia says
Intellectual Property 2023-10-30 3:30 pm By Sam Matthews

An IP Australia has knocked back PayPal’s bid to patent an AI-powered model for making purchase or donation recommendations to online shoppers at checkout, rejecting simplistic considerations of AI-related inventions.

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AGL units hit with $6M in penalties for emergency violations
Energy & Natural Resources 2023-10-30 11:18 pm By Sam Matthews

Two units of electricity giant AGL Energy will pay penalties totalling $6 million for being unable to make good on their promise to be on standby to release electricity to help prevent blackouts.

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Firms linked to banned businessman face charges after ASIC probe
Financial Services 2023-10-30 11:38 pm By Christine Caulfield

Charges have been laid against two financial services companies associated with investment promoter David Henty Sutton, who was slapped with a lifetime ban by the corporate regulator this year.

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Dixon Advisory director wants to shield law firm’s advice in ASIC case
Restructuring & Insolvency 2023-10-27 1:32 pm By Sam Matthews

Former Dixon Advisory director Paul Ryan will ask the court for a suppression order protecting advice by a Big Six firm, as he defends ASIC’s claim that he failed to consider creditors when executing a deed that affected the company’s ability to recoup a $19 million debt.

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