Committee Says Subpoena On Wilkie Violates Privilege
A parliamentary committee has found that a subpoena served on MP Andrew Wilkie, seeking documents provided by the former acting chief editor of the Tasmanian Times alleging its former owner used the publication to promote illegal gambling, violates parliamentary privilege, but said that Wilkie can assert the privilege in court himself.
AG Department Eyes Copyright Reform To Attract AI Training
The Attorney-General's Department is considering copyright reforms to attract AI model training to Australia, including powers to set conditions for compensating copyright holders whose work is used, officials told a parliamentary committee in Canberra on Friday.
Jackie O, ARN Keep Privileged Records In $83M Contract Row
The Federal Court of Australia rejected on Friday Jackie O's bid to get 810 ARN Media documents from Commonwealth Broadcasting Corp, the licence holder for KIIS 1065 where she presented a breakfast show, in her $83 million contract dispute with co-host Kyle Sandilands, upholding legal professional privilege.
Committee Says Subpoena On Wilkie Violates Privilege
A parliamentary committee has found that a subpoena served on MP Andrew Wilkie, seeking documents provided by the former acting chief editor of the Tasmanian Times alleging its former owner used the publication to promote illegal gambling, violates parliamentary privilege, but said that Wilkie can assert the privilege in court himself.
AG Department Eyes Copyright Reform To Attract AI Training
The Attorney-General's Department is considering copyright reforms to attract AI model training to Australia, including powers to set conditions for compensating copyright holders whose work is used, officials told a parliamentary committee in Canberra on Friday.
Jackie O, ARN Keep Privileged Records In $83M Contract Row
The Federal Court of Australia rejected on Friday Jackie O's bid to get 810 ARN Media documents from Commonwealth Broadcasting Corp, the licence holder for KIIS 1065 where she presented a breakfast show, in her $83 million contract dispute with co-host Kyle Sandilands, upholding legal professional privilege.
Expert Analysis
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Financial Services More
A New South Wales Court of Appeal justice has questioned who should be responsible for the conduct of agentic artificial intelligence warning that cases involving the emerging technology will "undoubtedly beco... (more story)
The Federal Court of Australia has approved the $29 million settlement of a class action brought by former RAMS franchisees that alleged wrongful termination by the home loan provider.
British fintech Revolut has been granted a banking license in Australia by financial regulator APRA more than four years after it applied, with plans to add deposit and savings accounts to its digital payment offerings.
Australia and the United Kingdom have agreed to strengthen cooperation on private credit oversight, superannuation asset valuations and artificial intelligence in financial advice, the Treasury department said... (more story)
ASIC Chair Sarah Court said the corporate regulator is not convinced allowing retail investors to trade on prediction markets, which allow people to bet on the outcomes of future events, would be in the public... (more story)
Liquidators of the collapsed First Guardian Master Fund have recovered just $8 million of its $512.77 million in investments and are seeking to publicly examine six people linked to 68% of those funds includin... (more story)
The corporate regulator has criticized Australia's major auditing firms and financial report preparers for failing to meet basic requirements including testing revenue, impairment and asset valuation assumptio... (more story)
Australia's corporate regulator has identified six priorities to strengthen the country's capital markets, including improving settlement efficiency, increasing transparency in valuations and margining, and bo... (more story)
Commercial Disputes More
The Federal Court of Australia imposed on Friday penalties of $6.5 million on defunct medicinal cannabis company CDA Clinics Qld and $450,000 on its former sole director, Dr Benjamin Jansen, for unlawfully adv... (more story)
Fast fashion retailer H&M Australia has paid $138,600 in penalties for allegedly selling more than 4,400 children's clothing items with missing or inadequate fire safety warnings, the Australian Competition an... (more story)
Medicinal cannabis company Montu and its subsidiary Alternaleaf argued in Australia's Federal Court on Thursday that their posts about medicinal cannabis and related clinical services were educational and fell... (more story)
The Supreme Court of New South Wales has ordered subcontractor Ellair on Thursday to repay construction firm Tallai $1.59 million after it found that delayed and unfinished work reduced its entitlement to paym... (more story)
The Full Court of the Federal Court of Australia has upheld a ruling that NECA Training and operator ECA Training unlawfully restricted two union officials' access to their premises, finding compulsory trainin... (more story)
Demolition company Rosenlund appealed Wednesday against a ruling that "certain" Lloyd's of London underwriters are not liable for about $1 million in losses arising from the uncontrolled collapse of a Sydney stadium's roof.
A Federal Court of Australia justice has largely granted eToro Aus Capital's bid to shield customer and marketing data in its dispute with ASIC, finding that disclosure could help rivals despite open justice b... (more story)
The Supreme Court of Victoria Chief Justice Richard Niall has appointed 15 barristers as Senior Counsel from a pool of 81 applicants.
Corporate Practice More
Australian Ethical, a superannuation fund, said Thursday it will no longer use external auditor KPMG Australia, citing continued scrutiny of the firm's audit practice and information presented to a parliamenta... (more story)
New South Wales' insurance regulator has imposed eight civil penalties totalling $479,500 on NRMA Insurance over compulsory third-party insurance breaches, including a pricing error that affected more than 41,... (more story)
The Takeovers Panel has ordered the forced sale of shares in mining explorer DGR Global after finding that shareholders breached takeover laws and failed to disclose ties that gave them more than 45% combined ... (more story)
Australian auditors reported almost five times as many suspected corporate law breaches to ASIC in 2025–26 as the previous year, with notifications rising from 740 to 3,487, according to ASIC data published this month.
Australia's corporate regulator is seeking leave to appeal a ruling clearing three former Rex directors of duty breaches over its 2023 profit forecast, days after securing a four-year management ban and $800,0... (more story)
The Therapeutic Goods Administration said on Tuesday that it is moving to develop regulations for sunscreens sold in Australia following a consumer outcry over the largely unregulated product's efficacy.
The Supreme Court of New South Wales has ordered the company that bought bankrupt publican Jon Adgemis' former Bondi Beach hotel to pay Vantage Point Asset Management Special Opportunities $6 million in damage... (more story)
The Reserve Bank of Australia warned on Monday that rising retirement withdrawals and liquidity demands could test the superannuation sector's ability to stabilise financial markets during future shocks.