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The Privacy Commissioner on Thursday opened an investigation of Facebook on the heels of confirmation by the social media giant that the data of over 300,000 Australian users may have been improperly harvested.
The head of the Australian Competition and Consumer Commission said Thursday that when it comes to mortgage prices, the behaviour of Australia's big four banks looks more like synchronised swimming than vigorous competition.
Nationwide News has moved to appeal after a ruling in a closely-watched defamation case by actor Geoffrey Rush that struck down one of Nationwide's key defences.
Japan-based global shipper K-Line has pled guilty to its role in a criminal cartel, the second company to admit guilt in Australia in the case.
Blue Sky Alternative Investments has asked Australia's corporate watchdog to investigate US hedge fund Glaucus for market manipulation, after a scathing report by the fund last week sent Blue Sky's stock into a tailspin and raised the prospect of a shareholder lawsuit.
The Australian Competition and Consumer Commission gave the go-ahead Wednesday to the $1.3 billion merger of dairy giant Saputo with Australian milk co-op Murray Goulburn, after Saputo agreed to divest the Koroit dairy plant in Victoria.
Flight Centre has been ordered to pay $12.5 million in penalties for making multiple attempts to enter into price-fixing arrangements with three international airlines.
A Federal Court judge has questioned the independence of for-hire fee assessors in class actions, calling their opinions on legal costs "next to useless".
A judge has fined two companies for selling garage-door remote controls that infringe three Australian patents owned by U.S.-based The Chamberlain Group.
The Construction, Forestry Energy and Mining Union has appealed a penalty handed down last month over a walkout organized in protest of a policy requiring workers to wear long-sleeved shirts and trousers.