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ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
Securities 2025-03-31 11:24 pm By Christine Caulfield

ASX’s management of operational risk that led to December’s CHESS settlement outage has the corporate regulator and the Reserve Bank “increasingly concerned” and “deeply disappointed”.

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Super funds slammed for ‘unacceptable’ handling of death benefit claims
Financial Services 2025-03-31 11:22 pm By Christine Caulfield

The corporate regulator has caned the super fund industry for its poor handling of death benefit claims it said had “devastating impacts” on members’ grieving relatives.

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Construction PRO
New Century’s ex-directors win legal privilege spat in royalty dispute
Energy & Natural Resources 2025-03-28 11:29 pm By Christine Caulfield

Former directors of New Century have won a dispute over a due diligence report prepared by Gilbert + Tobin in their litigation centred on royalty payments from a zinc mine in north-west Queensland.

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Major data breach hits NSW courts portal, thousands of files downloaded
Privacy & Cybersecurity 2025-03-26 11:05 pm By Christine Caulfield

Cybercrime detectives are probing a major data breach of the NSW online court system, which exposed thousands of sensitive court files.

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Construction PRO
PDG unveils plans for luxury Southbank tower at Queens Bridge
Construction 2025-03-27 11:31 pm By Christine Caulfield

Property developer PDG has unveiled plans for a luxury tower to be built at the site of the Queens Bridge Hotel in Melbourne’s Southbank.

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Non-compete clauses to get ax for employees earning under $175,000
Policy and Regulation 2025-03-25 11:49 pm By Christine Caulfield

The Albanese government will ban non-compete clauses in employment contracts for workers earning salaries under the high-income threshold, saying the clauses were dragging down wages.

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Lawyer accused of attempted blackmail wins round against Canberra firm
Business of Law 2025-03-25 4:10 pm By Christine Caulfield

A lawyer accused of trying to blackmail personal injury firm Maliganis Edwards Johnson has won a challenge to an injunction, with a judge finding the blackmail allegation was more nuanced than conveyed by the Canberra firm. 

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PwC settles former tax partner’s case over retirement payments
Accounting 2025-03-25 11:31 pm By Christine Caulfield

A former PricewaterhouseCoopers partner has settled his case against the consulting giant, which alleged he was denied promised retirement payments.

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Chief of staff to Deputy PM Richard Marles drops bullying case
Employment 2025-03-25 11:11 pm By Christine Caulfield

A former chief of staff to Deputy Prime Minister Richard Marles has resolved her case alleging she was forced out after complaints of bullying.

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Construction PRO
Perth boutique builder Ultimo Constructions collapses
Restructuring & Insolvency 2025-03-26 1:29 pm By Christine Caulfield

Perth-based boutique builder Ultimo has entered liquidation, the latest construction company to go under as the industry faces rising costs and labour shortages.

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