A judge has found that Mastercard can maintain legal professional privilege over a document that was inadvertently sent to the ACCC in 2020 after lawyers at Baker McKenzie had to review 100,000 documents in less than two months.
ASIC is again seeking to strike out mining magnate Clive Palmer’s lawsuit over examinations conducted by the regulator, with Palmer claiming the pleadings are “crystal clear”.
The financial crimes regulator has ordered the Australian unit of the world’s largest crypto exchange, Binance, to appoint an external auditor after flagging concerns about its anti-money laundering and counter-terrorism financing compliance.
The Australian Competition and Consumer Commission is looking into energy companies’ promotional materials after consumer advocacy group CHOICE complained that offers of savings are designed to overwhelm and confuse while not offering real value.
TPG Telecom has launched an investigation following a cyber incident which resulted in 280,000 emails of iiNet customers being accessed by hackers.
Google has agreed to pay a $55 million penalty for making anti-competitive agreements requiring Telstra and Optus to pre-install Google Search on Android devices they sold.
The National Australian Bank says it will take a $130 million hit after issues with its payroll system led to staff being underpaid.
The corporate cop can revise its action against Gold Coast property developer ALAMMC to seek winding up orders after concerns have emerged about misuse of $70 million in investor funds.
Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.
The judge overseeing three court proceedings against Optus over a 2022 data breach has questioned why it took the privacy regulator three years to file its case.