The banks are facing off with fintechs in the debate over the failure and future of open banking in Australia. Either way, the regime faces obvious challenges.
Regulation
Depending on who you listen to, Australia's open banking regime is a game changer that just needs time to grow, or a failed scheme that no one uses.
Progress is slower than many hoped, but critical stages of the rollout of Australia's Consumer Data Regime are being passed. But major banks have ramped up complaints.
Clifford Chance’s decision to engage former Sex Discrimination Commissioner Elizabeth Broderick's consultancy has put the gruelling workplace culture at law firms in the spotlight.
This week saw even more pain for the struggling media industry, criticism of Big Tech's treatment of news and a Biden-Trump clash on the debate stage. Is it 2016 all over again?
The longest-running competition case of the year is entering its final stages. From missing evidence and the influence of overseas law, here's what we know so far.
The ACCC's lawsuit against GLAD bags maker Clorox was the first in a range of actions the watchdog is planning as it cracks down on green claims.
ESG and energy regulation in Australia is moving at an unprecedented rate and large-law giant Herbert Smith Freehills is pushing itself to the forefront of the legal changes.
For some, size brings scale efficiencies. For others, costly complexity. Technology and regulation are the battle ground for scale in banking and it is here smaller banks are seeing opportunity.
The ACCC's decision to flag concerns with the $8bn deal may have spooked the markets, but competition law experts are taking a more nuanced view.
Crypto, decentralised finance and digital asset tokenisation failed to make the list of the federal government's banking priorities, and rightly so. But Australia does risk falling behind other markets.
The ACCC has raised a number of preliminary concerns about Chemist Warehouse’s $8 billion reverse merger into Sigma Healthcare. But dealmakers involved insist they were bracing for worse.
Australia's startups will be swept up in anticipated privacy law changes expected to scrap exemptions for small businesses, but many are unaware.
Official data don't support a BNPL growth story meanwhile investors - and BNPL providers - are increasingly looking beyond the specific, youth-oriented, product.
The online safety regulator's decision to walk away from a Federal Court battle with Elon Musk's X Corp is an initial win for the tech company in a legal fight that's far from over.
The global wealth of the richest is growing and an increasing part of that growth is coming from private markets — equity and particularly credit.
The market regulator has warned it will investigate any breaches of disclosure obligations after a brazen leak led to a big share price swing on the ASX.
The financial complaints authority and financial counsellors are seeing growing financial distress from BNPL and support tighter regulation.
The regulatory call puts the special broadcaster broadly in line with its commercial counterparts, which last month called on the ACCC to force AI firms to cite and pay publishers whose content is scraped to train AI models.
Lawyers have told Capital Brief any potential findings of broader cultural issues could leave Nine vulnerable to enforcement under new workplace laws passed in December.
Tackling greenwashing has been top of the regulatory to-do list for some time. As corporate use of AI-linked buzzwords increases, lawyers say an AI-washing crackdown could be next.
Companies of any size are legally required to take proactive measures to prevent sexual harassment and sex discrimination, according to "positive duty" obligations enforceable since December.
