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QBE made empty promises on policy discounts, ASIC says in new case
The corporate regulator has brought court action against QBE Insurance alleging it misled over half a million customers over policy discounts.
Optus denies cyberattack was not ‘highly sophisticated’
Optus has struck back at ACMA's claim that a cyberattack that exposed the information of around 10 million customers was not a "highly sophisticated" operation.
Boss of crypto exchange Mine Digital charged with $2.2M fraud
The CEO of defunct cryptocurrency exchange Mine Digital has faced court charged with fraud linked to a $2.2 million transaction.
iSignthis’ John Karantzis could not pay $1.5M penalty, court told
The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
ASIC wins case against Harvey Norman over ‘interest-free’ ads
A judge on Friday rejected Latitude Finance's defence in ASIC's case over Harvey Norman's 'interest-free' ads that no reasonable consumer would expect “a charitable free lunch”.
‘A bottle of wine every night’: Ex-Noumi CFO’s non-disclosures caused him to spiral
The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company's continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.
Mastercard can’t appeal ACCC’s ‘novel’ use of judicial notice rule
The court has rejected Mastercard's bid to appeal an evidentiary win for the ACCC in the regulator's misuse of market power case against the payments giant.
Nuix takes insurers to court over coverage for legal bills
Nuix has taken a slew of insurers to court seeking coverage of legal bills incurred in defending multiple class actions and proceedings by the Australian Securities and Investments Commission.
CBA hit with $7.5M penalty for breaching spam laws
Commonwealth Bank has paid a $7.5 million penalty after an ACMA investigation found it sent over 170 million emails that violated spam laws. 
Collectable car dealer defeats ATO in High Court fight over lux car tax
A collectable car dealer who operated his Gosford business using a ‘museum concept’ has won a High Court victory in a dispute with the ATO over whether he should be on the hook for luxury car tax.