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Australian Clinical Labs agrees to $5.8M penalty over data breach
In the first penalty to be handed down for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has agreed to cop a $5.8 million fine over a 2022 data breach that compromised the personal information of 223,000 customers of its Medlab business.
ANZ whistleblower trial kicks off, with trader admitting inappropriate messages
Former ANZ trader Etienne Alexiou has admitted during cross-examination that lewd messages sent to other bankers through Bloomberg’s messaging platform were inappropriate and could cause offence.
Clayton Utz senior advisor won’t give evidence in ANZ whistleblower trial
ANZ can't call its former group chief risk officer — now a strategic advisor for Clayton Utz — to give evidence as it defends a whistleblower case by former trader Etienne Alexiou.
Optus reports another Triple Zero outage
Optus has suffered another Triple Zero outage, just over a week after a 13-hour outage across three states that was linked to the deaths of three people.
RV maker Jayco must back up defence claim in ACCC case, court says
Jayco must spell out its claim that it explained the specific features of its recreational vehicles to customers, as part of its defence to an ACCC case over alleged misleading statements, a judge has said.
Construction PRO
Retirement village’s fee hike a case of ‘double dipping’, says tribunal
A residential land lease community in NSW's Central Coast must repay residents for a fee hike after a tribunal ruled the contractual term providing for the increase involved “double dipping” to account for inflation.
Construction PRO
Public Hospitality venues in receivership ahead of Adgemis bankruptcy hearing
Deutsche Bank has appointed receivers to five pubs owned by Public Hospitality Group ahead of a bankruptcy hearing against the group’s owner and former KPMG partner, Jon Adgemis.
ACCC, NSW join forces to clamp down on supplier bid-rigging
The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.
In Google carriage fight appeal, Piper Alderman claims law firms’ cooperation anti-competitive
Piper Alderman claims a judge erred in finding there was no evidence that an agreement between Maurice Blackburn and Phi Finney McDonald to cooperate in running an ad tech class action against Google was struck for an anti-competitive purpose.
ASX tried to silence whistleblower, hide failures from RBA, lawsuit says
A former contractor at the ASX has alleged the securities exchange was "embarrassed" by governance failures relating to a $200 million technology modernisation program and sought to hide the issues from the Reserve Bank of Australia.