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Investment manager pleads guilty to insider trading of Platinum shares
White Collar 2025-08-12 11:29 pm By Cat Fredenburgh

Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer.

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Payday lender directors ask High Court to clarify accessorial liability
Appeals 2025-08-12 11:46 pm By Cindy Cameronne

The directors of payday lenders Cigno and BSF have filed for special leave to appeal a decision that found them liable for unlicensed credit activity, saying the case raises fundamental questions about the scope of accessorial liability.

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Rent-to-own business cops $7.4M penalty for breaches of Credit Act
Competition & Consumer Protection 2025-08-12 11:42 pm By Andy Sidler

A rental company providing long-term leases for household items has been slugged with a $7.4 million penalty after a court found its loan agreements did not comply with credit laws. 

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Ex-EY partner accused of promoting tax loss scheme says ATO ‘overreached’
Trials 2025-08-11 11:19 pm By Cindy Cameronne

A former EY partner accused of promoting a tax loss scheme has hit back at the ATO’s case on the first day of trial, saying he gave objective advice and the case is an overreach.

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Ex-iSignthis director to appeal $1M fine, disqualification
Appeals 2025-08-11 11:05 pm By Cat Fredenburgh

Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders. 

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Sunshine Loans’ case over judge’s recusal to be heard by High Court
Appeals 2025-08-08 11:33 pm By Christine Caulfield

The High Court will hear an appeal by Sunshine Loans, which centres on a judge’s recusal in the corporate regulator’s case over unauthorised fees.

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Optus faces privacy regulator’s case over data breach
Privacy & Cybersecurity 2025-08-08 2:21 pm By Cindy Cameronne

The privacy regulator has brought a case against Optus over a 2022 data breach that affected up to 10 million people, as the telco faces a class action and related proceedings by the media regulator.

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iSignthis, director hit with $11M in penalties in ASIC case
Fintech 2025-08-08 11:29 pm By Cindy Cameronne

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.

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High Court confirms employers must consider redeployment before redundancy
Employment 2025-08-06 11:27 pm By Andy Sidler

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.

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Former FWC senior president charged with possessing child abuse material
Crime 2025-08-05 11:34 pm By Julia Kanapathippillai

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.

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