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Bank of Queensland hit with first-ever penalty for Consumer Data Right breaches
Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.
Griffin Coal convicted of violating financial reporting obligations
Embattled mining company Griffin Coal has copped a $4,000 fine after being convicted of failing to meet its financial reporting and officeholder requirements.
Red Telecom hit with $450,000 penalty for failing to pay customers
A judge has ordered a defunct telecommunications company to pay $450,000 in penalties for flouting orders requiring it to pay out over $63,000 to its customers.
ASIC seeks $15M penalty against GetSwift after ‘unprecedented’ offshore move
ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator's enforcement action was on foot, a move the court on Tuesday said was "unprecedented".
Bunnings, Kmart face investigation over use of facial recognition technology
Retail giants Bunnings and Kmart are facing an investigation by the country's privacy regulator for using facial recognition technology in their stores.
Life insurer Select AFSL used unconscionable phone sales tactics, court finds
Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by the Australian Securities and Investments Commission.
ASIC hits $1 billion ‘licensee for hire’ firm with court proceedings
The Australian Securities and Investments Commission has filed civil penalty proceedings against advisory firm Lanterne Fund Services, alleging it ran a “wholly deficient business”.
Dow’s vapor-drift fighting herbicide patent not new, IP Australia finds in win for Nufarm 
Nufarm Australia has successfully challenged a herbicide patent application by Dow Agrosciences’ successor on the grounds that the invention – aimed at limiting the worldwide problem of vapor drift – is neither new nor innovative.
Zeller locked in trade mark battle with finfluencer Victoria Devine
Fintech startup Zeller Technologies has taken millennial financial adviser Victoria Devine to court after she succeeded in quashing its application to trade mark the word 'Zeller'.
Judge approves $4.7M Quintis class action settlement
A judge has signed off on a $4.7 million settlement in two investor class actions against collapsed sandalwood producer Quintis, two year after an earlier settlement was scuttled as group members kicked off an insurance dispute in pursuit of a better return.