A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine.
The High Court has upheld a decision that found Helensburgh Coal should have tried to redeploy 22 workers it dismissed as redundant and replaced with contractors.
A legal academic and former senior president of the Fair Work Commission is facing charges after child abuse material allegedly flashed on his screen during a lecture at Monash University.
OpenAI has successfully blocked an Australian company’s bid to trade mark the name of an AI immigration service that uses the suffix ‘GPT’.
A Sydney accountant who was jailed in 2019 for perverting the course of justice has lost his latest battle with the tax office, with a judge tossing four taxation appeals by related entities after finding his evidence about over $21 million in wrongly claimed tax deductions was “entirely lacking in credibility”.
AUSTRAC has launched proceedings against gaming club group Mounties, alleging the company engaged in serious and systemic non-compliance with anti-money laundering and counter terrorism financing laws.
Banks have agreed to refund low income customers a total of $93 million in excessive fees following an investigation by ASIC, but the Commonwealth Bank has refused to make $270 million in further repayments.
A judge has signed off on a $9 million penalty against online flight bookings service Webjet for misleading air travelers about prices and bookings.
The Full Court has rejected ASIC’s appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.
The Australian Securities and Investments Commission is taking a third swing at cyber enforcement proceedings, suing financial planner Fortnum Private Wealth after a breach saw the data of 9,000 clients published to the dark web.