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The former chief financial officer for Calvary Health Care has been convicted and sentenced after pleading guilty to making false records that misstated the company's revenue by millions of dollars.
ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seek harsher civil and criminal sanctions against banks, their executives and others that breach the corporate and financial services law.
The judge overseeing the marathon trial between agricultural giants Cargill and Viterra over the $420 million sale of malt producer Joe White has shot down objections to both parties' expert reports related to whether it was common industry practice to cheat customers by failing to comply with contract details and providing misleading malt test results.
Optus has been ordered to pay $10 million in penalties for billing unwitting customers for premium mobile phone services, the consumer regulator said Wednesday.
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.
The Full Federal Court has shot down a challenge by Japanese electronics company Nichia Corp. to a ruling that Arrow Electronics did not infringe its patent for a white light emitting device.
Google has been hit with a €50 million ($79.5 million) fine by the French data protection watchdog, the largest penalty by a regulator under Europe's beefed up privacy laws that came into effect last year.
Treasurer Josh Frydenberg said new laws may not be needed to remedy the cracks in the financial system laid bare during the Hayne Royal Commission.
A senior member of the Fair Work Commission acted inappropriately when he shared a Twitter post critical of Labor leader Bill Shorten and the CFMMEU, but it did not mean he could be viewed as biased against the union, a full bench of the workplace tribunal has found.
A Queens Counsel and a junior barrister at the Victorian Bar are taking DLA Piper to court, accusing the law firm of failing to pay more than $370,000 in fees.