Companies

Meta has sharply criticised Australia's social media ban for children after confirming it removed over half a million Facebook, Instagram and Threads accounts in the first month of the ban.

The online regulator wants more information from X Corp about the safeguards built into its AI feature Grok, after a reported increase in its use to create sexualised or exploitative imagery. 

A former Holden dealer has lost a $9 million suit alleging General Motors misleadingly represented that it was “100% committed” to the line a few years before it decided to discontinue the brand. 

An appeals court has upheld a ruling that said "like diamonds, easements are forever", finding users of the Unley Shopping Centre do not have right of way over a council carpark and access point adjoining the Adelaide shopping centre.

A judge has ordered the administrator for two class actions over PFAS contamination that settled for $153 million to pay the leftover funds to group members rather than to charities, saying it was not appropriate “to go around making donations”. 

Otsuka Pharmaceuticals has asked the High Court to overturn a decision revoking its Abilify patent extension, saying the ruling, which limited the extension-of term scheme to active substances only, will “lead to a groundswell of court proceedings”.

Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.

BHP and its in-house labour hire subsidiary have lost their bid to challenge same job, same pay orders by the Fair Work Commission workers at mines in central Queensland. 

A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had "substantially deceived” the government by overstating bond trading volumes.

Superannuation fund Australian Retirement Trust has acquired a 48.5 per cent interest in Mirvac's $1.7 billion build-to-rent fund.