Financial Services AU
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September 30, 2026
Blue Sky Class Must Post $630k Costs To Credit Suisse, Oasis
A Queensland Supreme Court judge has ordered the plaintiff in a shareholder class action alleging insider trading of stock in former ASX-listed firm Blue Sky Alternative Investments Ltd to front up $630,000 in cost securities to the defendants including broker Credit Suisse Equities, hedge fund Oasis Management and its owner Seth Fischer, and directors of a research group who wrote a report downgrading the value of the now-liquidated company.
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September 30, 2026
Justice Emerton To Lead Victoria's First Sentencing Review
Former Court of Appeal of the Supreme Court of Victoria President Justice Karin Emerton will conduct the first independent review into the state's sentencing legislation since it took effect in 1992, Victorian Attorney-General Sonya Kilkenny announced on Tuesday.
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September 30, 2026
Justice Nichols Joins Victorian Court of Appeal
Supreme Court of Victoria Justice Lisa Nichols has been appointed to the Victorian Court of Appeal, the court said in a statement on Tuesday, adding Megan O'Sullivan KC will replace Nichols in the Victorian Supreme Court.
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September 29, 2026
Jones Day Adds 5 Partners To Fuel Australian Expansion
Jones Day has added five new partners in Sydney and Brisbane from major rivals Clayton Utz, Gilbert + Tobin, Minter Ellison and Norton Rose Fulbright across intellectual property, energy and corporate as it continues to expand in Australia.
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September 29, 2026
BDO Wins Some Safeguards For Shield Audit Docs
A Federal Court registrar partially approved on Tuesday BDO's proposed confidentiality regime for audit procedure documents sought by the collapsed Shield Master Fund's liquidators after the auditor warned that the liquidators' proposal could expose sensitive material to competitors.
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September 29, 2026
ASIC Puts Ethics At Core Of Updated Biz Auditor Standard
ASIC said it has approved an updated competency standard for registered company auditors that takes effect Oct. 1 and places greater emphasis on professional values, ethics and behaviour.
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September 29, 2026
Australia's Private Credit Sector Forms Body After Scrutiny
KeyInvest chief executive Craig Brooke has said that a new association for the private credit industry will lift standards on the booming Australian sector.
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September 29, 2026
Federal Court Approves $100m Payout To Shield Investors
A Federal Court of Australia judge has approved the distribution of $100.2 million to investors in the Shield Master Fund on Tuesday as part of the liquidation of trustee Keystone Asset Management.
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September 29, 2026
Linklaters, Allens-Led NEXTDC Raises $1.1B For Data Centres
ASX-listed NEXTDC has raised $1.1 billion in its first convertible notes for the delivery and operation of Australian data centres, with Allens, Linklaters and Mallesons acting as legal advisers for various aspects of the offering.
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September 29, 2026
Panel Upholds Forrestania-Zenith Ruling, Adds Disclosures
A Takeovers Panel review panel has upheld a declaration of unacceptable circumstances over Forrestania Resources' proposed acquisition of Zenith Minerals, while requiring further disclosure about the consequences if Forrestania does not acquire full ownership of Zenith.
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September 29, 2026
12 Wentworth Selborne Adds 2 Barristers To Floor
12 Wentworth Selborne Chambers said Nakhul Bagwat, formerly a senior associate at Herbert Smith Freehills Kramer, and Georgia Appleby, formerly a senior associate at Maddocks, have joined its Sydney chambers.
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September 29, 2026
ACT Bar Association Names 2 Barristers Senior Counsel
The Australian Capital Territory Bar Association appointed barristers Danny Moujalli of Ground Floor Wentworth Chambers and Peter Woulfe of Blackburn Chambers as Senior Counsel, President Prue Bindon said in a statement Monday.
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September 29, 2026
Takeover Panel Finds Against DGR Shareholder Disclosures
The Takeovers Panel found that shareholders in mining exploration company DGR Global acquired major voting power in the company without providing accurate disclosures, and declared "unacceptable circumstances".
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September 28, 2026
Metrics Cuts Values Of ASX-Listed Funds After Audit Stoush
Metrics Credit Partners has cut the value of three ASX-listed funds it manages after audits by KPMG Australia forced the private lender to consider potential credit losses and investments in private equity and commercial property.
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September 28, 2026
Aware Super Sought CGT Relief to Unlock Fund Investment
Aware Super has urged the federal government to change superannuation tax, disclosure and pension rules, including extending capital gains tax rollover relief where beneficial ownership of an investment remains unchanged.
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September 28, 2026
NSW Solicitor Hit With Vexatious Proceedings Order
A New South Wales solicitor has been ordered to seek the Federal Court of Australia's permission before starting or continuing any proceedings there, after several cases he brought against Kailash Lawyers and Consultants were dismissed.
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September 28, 2026
AUSTRAC CEO Says Lawyers Should Watch Property For AML
AUSTRAC CEO Brendan Thomas says several law firms have already reported suspicious matters to the anti-money laundering and counter-terrorism financing regulator under expanded laws, adding there was "significant risk" in property transactions.
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September 28, 2026
RBA Workers Take Pay Dispute To Fair Work Commission
Reserve Bank of Australia employees have applied to the Fair Work Commission to resolve stalled pay negotiations after the central bank did not improve a pay rise offer that workers already rejected, according to the Finance Sector Union.
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September 28, 2026
G+T-Led Ingenia Says Assessing $2.1B Warburg Pincus Bid
Land lease operator Ingenia said it is assessing an increased offer to $2.1 billion from US private equity firm Warburg Pincus, its third bid, according to a statement on Monday.
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September 28, 2026
Mallesons-Led Northern Star Rejects $39B Gold Fields Bid
Gold miner Northern Star Resources has rejected a $38.7 billion unsolicited takeover bid from South African-listed rival Gold Fields Limited as "highly opportunistic" and undervalues the business, with Mallesons acting as legal adviser.
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September 25, 2026
Taxation With Representation: Kirkland, Latham, McDermott
In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.
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September 25, 2026
Lawcover Defends Sole-Insurer Model Amid Competition Push
Lawcover and its owner the Law Society of New South Wales argued that its status as the sole professional indemnity insurer for solicitors in NSW helps keep prices down and coverage high, saying opening up the market to competition would actually be worse for lawyers and that its critics are a disgruntled minority.
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September 25, 2026
Ex-Big Un CEO Avoids Jail For Sharing Inside Info
The former CEO of Big Un has avoided imprisonment after being convicted in the District Court of New South Wales for tipping off a shareholder about the true financial status of the failed tech startup.
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September 25, 2026
Appeals Panel Rejects Bid To Block $5M Investment Suit
A Victorian Court of Appeals panel has refused to strike out, or exclude documents from, a dispute over an allegedly misleading $5.1 million investment in a now-liquidated financial services company, saying the documents weren't confidential and the strike out motion was brought too late.
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September 25, 2026
Insurer Flags Conflicts In NSW Indemnity Insurance Regime
An insurance agency on Friday called out alleged conflicts of interest involving New South Wales' law society and attorney general within the state's "anti-competitive" mandatory legal insurance regime, drawing pushback from a legislator who said the agency should file a formal complaint.
Expert Analysis
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What ACCC Data Reveals About Finance Deals
Recent Australian Competition and Consumer Commission data confirm that clearances under the new mandatory merger control regime are moving faster than anticipated and that the system’s waiver process works particularly well for low-risk transactions, making it a natural fit for the financial services sector, say lawyers at Squire Patton.
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Australian Payments Reg. Proposals Will Broaden Oversight
The Australian government’s recent payments regulation proposals for a more activity-based licensing framework will significantly expand the perimeter of entities, indicating that the regulators view payment systems, digital assets and tokenized financial infrastructure as part of a connected regulatory ecosystem, say lawyers at Corrs.
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Australia's Computer Patent Ruling Will Aid Global Companies
While courts around the world have struggled to articulate a technology-neutral test for patentability of computer-implemented inventions, a recent decision by Australia's top court offers a decisive answer, creating strategic opportunities for overseas applicants, say attorneys at Mallesons.
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Assessing The Significance Of Australia-EU's Free Trade Deal
The recently concluded Australia-European Union free trade agreement could be a springboard for a more ambitious initiative bringing together the EU and the economies of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a critical mass capable of shaping norms across subsidies, sustainability disciplines and competition policy, says Alan Yanovich at Akin Gump.
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Decoding Arbitral Disputes: ICSID Enforcement In Australia
The Federal Court of Australia recently ruled for award creditors in Blasket Renewable Investments v. Spain in a judgment that explains how Australia's statute book operationalizes the promise of depoliticized enforcement under the International Centre for Settlement of Investment Disputes Convention while accommodating, without yielding to, the centrifugal forces of European Union law, says Josep Galvez at 4-5 Gray's Inn.