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ASIC warns companies to step up cyber compliance amid AI threats
The Australian Securities and Investments Commission has warned market participants to strengthen their cyber resilience in the face of new threats posed by AI, just months after the regulator secured its first penalty against a company over cyber failures.
‘Makes no sense’: Activists tell High Court abattoir can’t own footage
An animal rights group has told the High Court it retains copyright in footage it took while trespassing on a Victorian abattoir and that it “makes no sense” for the slaughterhouse to have rights to the footage.
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High Court set to hear first climate change case
A landmark case over the expansion of Mach Energy’s Mount Pleasant coal mine will go to the High Court next week, marking the first time the court considers whether planning authorities have to consider the local climate impacts of fossil fuel projects.
Ex-Humm Group chair asks High Court to overturn ruling
Former Humm Group chair Andrew Abercrombie wants the High Court to overturn a Takeovers Panel ruling that found he misled investors about a takeover bid by Credit Corp.
NSW Ports privatisation not shielded by crown immunity, says High Court
The High Court has found derivative crown immunity did not allow the NSW government to enter into alleged anti-competitive agreements when privatising two ports, disagreeing with a decision in a related case by the ACCC.
Gen AI-using director can’t rep company, court says
A judge has found a director cannot represent his company in a legal dispute, noting his use of generative artificial intelligence in written submissions.
Judge calls for rules committee to resolve ‘procedural vulgarity’
A judge has urged the Federal Court's rules committee to settle a question hanging over liquidators seeking to bring unfair preferences proceedings against multiple defendants.
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Government awards $5B in renewable energy projects in WA
The federal government has awarded contracts to 10 new renewable energy projects in Western Australia, which will deliver a combined 1.9 gigawatts of renewable energy and 484 megawatts of battery storage.
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AirTrunk to invest $4.2B on Malaysian data centres
Australian data centre platform AirTrunk has announced it will invest $4.2 billion to build two new data centres in Malaysia.
Construction PRO
High Court asked to overturn domestic building insurance ruling
The High Court has been asked to overturn a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.