Regulators

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.

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.

Two financial advisers who allegedly recommended a failed fund linked to Keystone Asset Management have been disqualified by the corporate cop.

A Sydney-based Uber driver has filed a Fair Work Commission case seeking $50,000 in compensation and damages over recurring malfunctions in the rideshare app, saying drivers “should not bear the financial burden of Uber’s technical failures”.

A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino's money laundering risk, which last year resulted in a $67 million penalty.

The corporate regulator has appealed a Federal Court decision that rejected part of its case against HCF Life Insurance over a pre-existing condition term in its policies that was found to be misleading but not unfair.

Unions have prevailed in a fight with BHP over Labor's same job, same pay legislation, with a landmark decision ensuring a pay rise for over 2,000 labour hire workers.

A judge has said ASIC should have known that its case against four TerraCom directors over statements made to investors had no prospects of success, calling one of its submissions “unworthy of the corporations regulator”.

A liquidator has opened his case over the alleged misuse of funds by now defunct Dyldam Developments, as the court hears of “oddities” in financial records and the spaghetti-like structure of 157 interrelated entities.

The Australian Competition and Consumer Commission has given the green light to DP World's proposed acquisition of Silk Logistics, after finding it was not likely to substantially lessen competition.