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ASIC slams Rex directors’ claim that ‘hopeful’ ASX statement not a forecast
An ASX statement from budget airline Rex that was optimistic about its 2023 profit prospects should have been corrected by April, ASIC has told a judge, disputing claims that the statement was not a forecast but merely an expression of what the board hoped for. 
X says eSafety wants to ‘have its cake and eat it too’ in online safety standards fight
The eSafety Commissioner has struck back at Elon Musk-owned X Corp's claims that it should not have to comply with a new online safety standard when it is already subject to rules for social media companies.
DC Comics won’t let kryptonite trade mark ruling fly
DC Comics is appealing a decision that found 'kryptonite diet' could be registered as a trade mark because the Superman-derived word has become somewhat generic, a ruling that's kryptonite for the Warner Bros-owned company which relies heavily on monetising its IP.
ASIC seeks $2.4M fines against ex-Star CEO and GC
ASIC is seeking a $1.3 million fine against Star’s former CEO Matthias Bekier and a $1.1 million fine against ex-general counsel Paula Martin for breaching their duties by failing to warn the casino operator's board about money laundering risks. 
Investment firms cop $100,000 in fines for dodging AUSTRAC infringement notices
Two investment firms have been hit with combined penalties of nearly $100,000 for failing to pay infringement notices issued by the financial crimes regulator.
Westpac hit with $26M penalty for ignoring hardship applications
Westpac has been hit with a $26 million penalty -- just shy of the $30 million sought by ASIC -- for failing to respond to online hardship applications on time on 277 occasions, in conduct described as “grossly negligent”. 
ACCC opens review into Zurich’s $15.4B bid for speciality insurer Beazley
The ACCC has opened a review into Swiss insurer Zurich's bid to acquire UK-based specialty insurer Beazley, one of the largest deals to face scrutiny under the country's new merger review framework.
‘Argumentative’ and ‘narcissistic’, but not bullying, says FWC
A body corporate secretary has dodged anti-bullying orders despite what the Fair Work Commission has said was her "argumentative" style that showed "characteristics of a narcissist".
Insider trader Rodney Forrest wins appeal of prison sentence
An appeals court has shaved nine months off ex-investment banker Rodney Forrest's prison sentence for insider trading, after he accessed confidential information from the computer of Platinum Asset Management's chairman about a takeover offer.
FWC says Sydney mum can WFH to take kids to school
The Fair Work Commission has found a Sydney mother of two can come into the office one day a fortnight and work from home the rest of the time so that she can drop her kids off at school.