The Australian Securities and Investments Commission is targeting predatory lending, greenwashing and crypto-assets as rising interest rates cause consumers to turn to fringe sources of credit.
The Australian Securities and Investments Commission has drawn âa line in the sandâ on greenwashing and will no longer accept âpurely aspirationalâ climate change targets from companies, the regulatorâs deputy chair has said.
A historic $99 million package has been committed for legal programs for First Nations people in the Albanese government’s inaugural budget, which also earmarks $263 million to establish a national anti-corruption commission and scope out a federal judicial commission.
Companies will face penalties of up to $50 million for serious privacy law breaches under legislation to be introduced the Attorney-General following data breaches by Optus, Medibank and Woolworths unit MyDeal.
The Supreme Court of Victoria has been called out in a report into sexually inappropriate behavior and bullying by judges as an “extremely hierarchical” workplace that has all the risk factors for harassment.
The NSW gaming regulator has suspended the Star Entertainment Groupâs casino license and handed it a $100 million fine after uncovering anti-money laundering breaches and âinherently deceptiveâ misconduct.
The use of advertisements to find eager applicants to fill federal judicial vacancies has been foreshadowed by the Attorney-General as he promises to bring more transparency and integrity to the process for appointing judges.
The federal government has flagged reforms to Australiaâs privacy laws in the wake of a cyberattack that left the data of up to 10 million current and former Optus customers exposed, including heftier penalties for companies that fail to safeguard usersâ personal data.
Attorney-General Mark Dreyfus has announced legislation to establish a federal anti-corruption commission by mid-2023, pledging $262 million over four years to the body, which will have broad and retrospective powers to investigate public corruption.
The Albanese government has introduced legislation that would require employers to proactively take steps to prevent sexual discrimination, harassment and victimisation in the workplace.