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Nine’s A Current Affair broke privacy rules in airing neighbour dispute, ACMA finds
The Australian Communications and Media Authority has found Channel Nine breached privacy rules in a story on A Current Affair about a violent dispute between neighbours in regional New South Wales that went viral on YouTube.
PwC tax leak scandal puts spotlight on firms’ uneasy commitment to compliance
The tax leaks scandal engulfing PwC has shone a spotlight on the culture of large professional services firms, where ensuring compliance with good governance is akin to "herding cats", experts say.
Ex-commando slams ABC’s ‘nonsensical’ argument against damages in defamation case
Former Army major Heston Russell has panned the ABC’s argument that it is not liable to pay damages in his defamation case because he identified himself and was given an opportunity to respond to stories that suggested he was involved in murdering an Afghan prisoner.
More law firms ready class actions over Downer’s $40M earnings overstatement
More class action law firms have pounced on Downer EDI's "accounting irregularities" that led to the company overstating profits by up to $40 million.
PwC appoints Ziggy Switkowski to investigate tax leaks scandal
PricewaterhouseCoopers has appointed former Telstra CEO Ziggy Switkowski to investigate the tax leaks scandal that has engulfed the firm.
Crown, AUSTRAC reach deal on penalty but court wants guidance on ill-gotten profits
Crown Resorts has reached agreement on a proposed penalty in AUSTRAC's case alleging “widespread and serious non-compliance” with anti-money laundering and counter terrorism financing laws, but the presiding judge says more information is needed for the court to fix a fine.
IG Markets hit with class action over risky CFDs
IG Markets has been hit with a class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading in risky financial products known as contracts for difference, or CFDs.
Class action filed against Carnival over P&O ‘cruise from hell’
Cruise operator Carnival is facing a third class action in Australia, this time on behalf of passengers aboard P&O’s Pacific Aria, which sailed from Brisbane into the path of a Category 5 cyclone six years ago.
Optus fronts Competition Tribunal to warn about ‘troubling’ $1.8B Telstra, TPG deal
Telstra and TPG have asked the Competition Tribunal to undo the ACCC's rejection of their proposed regional network sharing agreement, but fellow telco Optus has warned the deal would kneecap its ability to compete.
Noumi class action judge questions ‘unusual’ privilege bid over docs seen by Ashurst, PwC
A judge has questioned an "unusual" bid by Noumi to shield over 3,000 documents, their titles and the identities of those who sent them to PricewaterhouseCoopers during a 2020 investigation into the food company's financial position.