AI
Government to mandate AI breach reporting, establish regulator
The federal government will implement new measures, including mandatory reporting and possible criminal law reforms, to tighten its control of AI companies, after a rogue AI agent infiltrated Medicare's portal.
Insurance
Youpla directors hit with penalties, bans in ASIC case
Three former Youpla board members breached their duties as directors of the funeral insurance company, the Federal Court has found, issuing disqualification orders against the trio on Wednesday.
Competition & Consumer Protection
ACCC says Coles may not up prices, but offer less if Kalgoorlie’s IGA exits
The competition regulator has warned that despite the supermarket giant's national pricing practice, Coles may pull back resources if independent competitors in Kalgoorlie are forced to leave the market.
Class Actions
Jetstar employee worried about airline ‘getting in trouble with ACCC’, class action says
A Jetstar employee sent an internal email in 2020 saying that customers were to cash refunds and expressing worries about scrutiny from the consumer regulator, a class action over COVID-19 flight cancellations has alleged in an amended statement of claim.
Financial Services
Macquarie to cop $14M penalty over interest rate promos to new customers
Macquarie Bank has agreed to a proposed $14 million penalty after admitting to failures in how it promoted introductory offers for new savings account customers.
Social Media
eSafety wins suppression order in Telegram lawsuit over doxing concerns
The eSafety Commissioner has won suppression order over witness names in its lawsuit against messaging platform Telegram over alleged pro-terror content, after expressing concerns they could be exposed to doxing.
Real Estate
Victorian planning minister loses High Court challenge against IGA
The High Court has found the Victorian Supreme Court has jurisdiction to hear a dispute between the planning minister Sonya Kilkenny and supermarket chain IGA about a proposed amendment to a council's by-laws, despite the absence of an approval decision.
Construction
Ex-CFMEU organiser says Mick Gatto gave him gold bracelet as ‘olive branch’
An ex-CFMEU organiser has told the royal commission into Victoria's Big Build that he was given a gold bracelet from Melbourne underworld figure Mick Gatto as an "olive branch".
Real Estate
DWF Law to face negligence claim over alleged failure to pursue pipeline damage case
Law firm DWF Australia will face a negligence claim over an alleged failure to join other parties to a claim over a damaged pipeline, after failing to secure a summary dismissal of the matter.
Settlement
Greensill administrators settle case against GFG Alliance’s Liberty
Administrators of collapsed supply chain finance company Greensill Capital have reached a settlement with GFG Alliance's Liberty companies, resolving a case that was set for trial beginning Tuesday.
