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Berndale Capital director jailed after admitting to misuse of funds
Financial Services 2025-07-15 11:51 pm By Christine Caulfield

A former director of collapsed Melbourne derivatives broker Berndale Capital Securities will spend a year in jail after pleading guilty to offences connected to his misuse of company funds.

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Crypto promoters clash over who owns Bitcoin Cash trade mark
Intellectual Property 2025-07-14 11:09 am By Julia Kanapathippillai

Two proponents of Bitcoin Cash have battled before IP Australia over the trade mark ‘Bitcoin Cash City’, with one claiming he coined it in a text message in 2019.

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Construction PRO
Construction insolvencies jump 20 per cent: report
Construction 2025-07-15 11:56 pm By Andy Sidler

Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.  

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Setka hits back at FWO case over alleged coercion of AFL
Employment 2025-07-11 11:57 pm By Sam Matthews

Former CFMEU figure John Setka has denied the workplace watchdog’s claims that he tried to coerce the AFL into sacking its head umpire over his previous role at the Australian Building and Construction Commission, saying the union had a legitimate political interest in polemicising against an “anti-unionist” officiating “a working man’s sport”.

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Payday lenders BSF, Cigno lose appeal in ASIC case
Financial Services 2025-07-10 10:07 am By Cindy Cameronne

Payday lenders BSF Solutions and Cigno have lost an appeal in action by ASIC alleging they engaged in unlicensed credit activity and charged prohibited fees, in the case’s second run up to the Full Federal Court.

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Mayfair’s conduct ‘cannot be laid at the door of any lawyers’: judge
ASIC 2025-07-10 11:55 pm By Cindy Cameronne

A judge has criticised Mayfair Group’s “directing mind” James Mawhinney in a do-over of ASIC’s case over notes tied to Mission Beach properties, saying “vociferous and continuous efforts” to blame others, including lawyers, for investor losses did not reflect well on him.

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Grant Thornton partner admonished for iSignthis audit review
Financial Services 2025-07-10 11:25 pm By Sam Matthews

A Grant Thornton partner has been admonished for failing to properly review the firm’s audit of the 2018 financial statements of delisted fintech iSignthis, in a promising turn for a recently filed class action.

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ACCC clears Lactalis play for Fonterra assets
M&A 2025-07-10 11:08 pm By Julia Kanapathippillai

The Australian Competition and Consumer Commission will not oppose an acquisition by Lactalis of assets of New Zealand dairy cooperative Fonterra if the French multinational is successful in its bid.

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ASIC wins $3.5M penalty over funeral insurer’s ‘Aboriginal owned’ claims
Insurance 2025-07-10 11:30 pm By Andy Sidler

Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.

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Melbourne Uni professor axed for relationship with student wins job back
Employment 2025-07-10 11:06 pm By Julia Kanapathippillai

A Melbourne University engineering professor who was sacked for sending intimate messages to a PhD student has been reinstated after the Fair Work Commission found he was unfairly dismissed.

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