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Former Health Services Union secretary Diana Asmar wants to vacate an upcoming trial over an alleged false invoicing scheme, citing funding and health concerns.
ASIC has won its case alleging health and beauty giant McPherson’s breached its continuous disclosure obligations and engaged in misleading or deceptive conduct by failing to update the market sooner about declining sales forecasts for its Dr LeWinn's skincare line.
A judge has rejected India's bid to register the word 'basmati' as a mark of geographical indication, saying the rice certified by the country could not be distinguished from rice of the same type grown in Pakistan.
Fiducian Investment Management has copped a $7.3 million penalty after admitting that it made misleading representations about the ESG credentials of an investment fund, despite senior execs being warned about its exposure to fossil fuels.
An ASX shareholder is planning a derivative suit against former officers and directors over the bungled CHESS replacement project, after a judge found senior directors were involved in misleading investors about the project and slapped the ASX with a $20.5 million penalty.
The competition watchdog has allowed Black Rhino Group's acquisition of Club Hotel Motel Roma and multiple bottle shops from Speedy Cocktails on the condition that it sells at least one of its bottle shops in Roma, Queensland to an ACCC-approved purchaser.
Representatives from Meta, Google, TikTok and Snap will front a Senate hearing this week over whether they should face penalties of up to $99 million for failing to comply with new rules barring children under 16 from accessing their platforms.
Bendigo and Adelaide Bank has been hit with enforcement action by the prudential regulator for cybersecurity failures by a former business, and has agreed to an $8 million penalty.
The corporate regulator has sought court declarations against super trustee Netwealth over the failed First Guardian investment fund, which along with the collapsed Shield is believed responsible for $1 billion in losses.
The government is mulling stronger privacy laws to deal with emerging technologies like smart glasses, with the OAIC saying it was giving "serious consideration" to the privacy issues raised by the glasses, most of which are made by Meta.