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The Australian Prudential Regulation Authority has imposed a $50 million capital penalty and other licence conditions on ING Australia, after the bank breached minimum liquidity requirements over several years.
Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.
A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea.
The ACCC has granted approval for US-based consumer goods giant Kimberly-Clark's acquisition of rival Kenvue, provided it divests Kenvue's Carefree and Stayfree period care brands.
A Federal Court judge has ordered small loan provider CashnGo to pay $3.5 million after it admitted to using unfair terms in customer contracts.
Industry standards group Meat & Livestock Australia can bring a cross-claim for indemnity against the Agricultural Business Research Institute while defending a case alleging it infringed a patent for inferring bovine gene traits.
Instagram owner Meta denies that it engaged in anti-competitive conduct when it barred a social media marketing start-up from accessing the platform in 2019, saying it had the right to terminate due to breaches of its terms of use.
A judge has suggested an expert should access Tesla’s "highly, highly confidential" internal live systems amid complaints by a class action that the car maker's discovery of technical documents is inadequate.
The Australian Securities and Investments Commission is seeking $30 million in penalties in its case against Hollard Insurance over delays in assessing the claims of a couple over damage to their home from a storm.
Construction PRO
Administrators of Bathla Group are continuing talks with the embattled developer's lenders over a short-term loan that will keep the business afloat, and are hopeful a funding package can be secured by Thursday.