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A Singapore-listed company that acquired former ASX-listed coal miner Blackgold International is statute-barred from claiming that Blackgold’s former lead auditor should have detected fraudulent transactions in the company’s accounts.
A court has approved an application to drop a class action on behalf of former students at Fairbridge Farm School in NSW over alleged abuse, after the law firm running the case said it was "uneconomic".
Central Queensland University will pay over $1.3 million to more than 1,000 employees as part of an enforceable undertaking with the Fair Work Ombudsman, becoming the latest university to backpay staff.
KPMG has appointed John Sams as its new CEO, promising the homegrown executive will deliver on an action plan drafted in the wake of the leaks scandal to build a “stronger, more accountable firm”.
Coles has argued that the competition regulator’s decision rejecting the supermarket giant's bid to lease a new site in Kalgoorlie, WA was based on a theory of harm that is novel under Australian law.
Coles has fired off Federal Court proceedings over the ACCC's decision to block its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie, one day after bringing proceedings at the Australian Competition Tribunal.
The Allan Government has unveiled plans that would make it easier to sue AI and social media companies over harms to children, while also announcing a crackdown on the use of AI and employee surveillance in the workplace.
Construction PRO
Australian private equity firm Next Capital has inked a deal to acquire Fujitsu's Australian data centre business, which includes premium facilities in Sydney, Brisbane, Melbourne and Perth.
KPMG has fined seven partners, some as much as $180,000, for misusing confidential client information in May.
The federal government plans to introduce a digital duty of care for artificial intelligence companies as part of five AI safety priories that form part of its national strategy to regulate the new technology.