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Victoria’s WFH laws amended after pushback from business
Victoria's landmark working from home laws have been revised after lobbying from business groups, with the changes meaning employers can temporarily revoke the right if the arrangement becomes unreasonable.
KPMG ban on new government work extended to October
A three-month pause on new government contracts with KPMG following claims of misuse of client auditing data has been push out another month.
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Law expands assets covered by foreign resident capital gains tax regime
Parliament has passed legislation that introduces tougher penalties against tax advisors for misconduct and expands the foreign resident capital gains tax regime.
Tech Council pans amendment to under-16s law as ‘significant overreach’
The Tech Council has come out against a proposed amendment to a law that would strengthen the government's ability to enforce the ban on kids accessing social media, saying it represents "significant regulatory overreach".
Digital duty of care laws would let social media users turn off algorithms
The Albanese government's draft Digital Duty of Care legislation, released Tuesday, will require social media giants to protect under 18 users from harmful content, and allow accountholders to control use of algorithms.
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NSW rezoning plans to see 34-storey high-rises in Sydney’s east
Controversial rezoning plans by the NSW government aimed at increasing housing by more than 9,400 homes will allow 34-storey residential buildings in Sydney's east, according to a draft proposal released Tuesday.
ASIC reveals 3 KPMG probes, 500 audit complaints against Big Four
The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
‘All profit, no responsibility’: Diversa grilled over First Guardian
Diversa has been grilled by a parliamentary committee for its refusal to admit failures over the now defunct First Guardian fund, as ASIC reveals it has launched two additional investigations against the super fund trustee.
ASIC remains ‘concerned’ about private credit market
As residential developer Bathla struggles to secure more funds to stay afloat, the Australian Securities and Investments Commissionr told a senate committee hearing it had been concerned about the private credit market for the past 24 months.
Construction PRO
Transgrid loses bailout bid over $3.6B EnergyConnect costs
The Australian Energy Regulator has rejected transmission company Transgrid's bid to bill customers an extra $1.2 billion in costs for its EnergyConnect project.