Industries

HSBC has agreed to pay a $35 million penalty in ASIC proceedings after it admitted to serious failures in protecting customers from scams, but a judge is questioning whether the penalty is high enough. 

Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.

The High Court has unanimously sided with the corporate regulator in finding that cryptocurrency firm Block Earner's 'Earner' product was a financial product and a derivative and that it required a financial services licence. 

A court has found a Pelligra Group unit validly terminated leases for offices in a Melbourne CBD building rented by Birdies Mini Golf owner Stephanie Doyle after she failed to meet a deadline for agreement on floorplans.

After a successful appeal of a decision found to be "personal and idiosyncratic", a Sydney developer can move ahead with plans to demolish a boarding house to make way for four luxury residences in Paddington.

Building giant Lendlease has told besieged auditor KPMG it expects to be compensated for the cost of dealing with the fallout of the accounting giant's misuse of its confidential data.

Former directors of failed clothing retailer Mosaic Brands are claiming privilege over retainer letters between Deloitte and the company as special purpose liquidators investigate potential insolvent trading and directors duty breach claims.

Sportsbet has been ordered to provide a class action with audit position papers from the tax office, as the applicants look to interrogate whether the ATO might exercise its discretion to refund Sportsbet's payments if the company loses the case. 

Japanese company Inpex has reached a workplace agreement with two unions, after the Fair Work Commission rejected the company’s urgent bid to halt industrial action at its Darwin Ichthys onshore and offshore LNG facilities.

MinterEllison has elevated seven lawyers to its partnership, including four disputes specialists, as the firm anticipates litigation over major projects and AI-related class actions.