The Albanese government will focus the country’s AI regulation on high-risk settings such as healthcare, opting for voluntary codes for less risky uses to allow the game-changing technology to flourish.
The Australian Communications and Media Authority has hit teleco Medion Australia with a $259,440 penalty for allegedly failing to verify customer identity, claiming it caused several people to fall victim to SIM-swap scams.
The Australian Competition and Consumer Commission has renewed its calls for the government to adopt its proposed reforms to the merger regime, warning that consumers and businesses will pay the price for continuing anti-competitive mergers which enable parties to engage in “legal brinkmanship” with the regulator.
The Albanese Government has floated a new regulatory framework under which businesses would face steep penalties for failing to do their part to prevent scams.
A retiring Federal Court judge who served on the bench for almost two decades has railed against court fees “that no ordinary person can afford” and overly complex legislation, including the Corporations Act, which he called a “blight on our community”.
Federal parliament has passed legislation extending judicial immunity to judges on the Federal Circuit and Family Court, after a judge on the court was held personally liable for the false imprisonment of a Queensland man.
The Albanese government on Wednesday introduced legislation that would protect sexual harassment claimants from adverse costs orders in litigation, the latest step in its commitment to implementing the recommendations of a landmark report.
Lawyers have spoken out against Treasury’s plan to implement a three-year moratorium on private litigation against companies that make misleading claims about their climate credentials, as the Albanese government proposes new climate disclosure requirements.
The government is seeking submissions for a review of widely criticised Morrison-era reforms that weakened continuous disclosure obligations, but the review may be hampered by the lack of case studies from the courts.
A new report shows lawyers are already managing the risks of unknowingly facilitating money laundering and don’t need to be subjected to “an extreme, disproportional and potentially damaging AML/CTF regime”, according to the Law Council of Australia.