ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seekĀ harsher civil and criminal sanctions against banks, their executives and others that breach the corporate and financial services law.
The judge overseeing the marathon trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down objections to both parties’ expert reports related to whether it was common industry practice toĀ cheat customers by failing to comply with contract details and providing misleading malt test results.
Optus has been ordered to pay $10 million in penalties for billing unwitting customers for premium mobile phone services, the consumer regulator said Wednesday.
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.
The Full Federal Court has shot down a challenge by Japanese electronics company Nichia Corp. to a ruling that Arrow Electronics did not infringe its patent for aĀ white light emitting device.
Google has been hit with a ā¬50 million ($79.5 million) fine by the French data protection watchdog, the largest penalty by a regulator under Europe’s beefed up privacy laws that came into effect last year.
Treasurer Josh Frydenberg said new laws may not be needed to remedy the cracks in theĀ financial system laid bare during the Hayne Royal Commission.Ā
A senior member of the Fair Work Commission acted inappropriately when he shared a Twitter post critical of Labor leader Bill Shorten and the CFMMEU, but it did not mean he could be viewed as biased against the union, a full bench of the workplace tribunal has found.
A Queens Counsel and a junior barrister at the Victorian Bar are taking DLA Piper to court, accusing the law firm of failing to pay more than $370,000 in fees.
Australia’s building watchdog has taken the CFMMEU to court after one of its officials allegedly called a health and safety officer a āf****ing dogā during a site visit to the Cairns Performing Arts Centre last year.