Australian regulators say they must find new ways to investigate and enforce against corporate wrongdoing and consumer harms as generative AI use increases.
Regulation
Investors drove WeMoney's new $3 million funding round and its founder says that reflects a view greater opportunities are emerging, amplified by better access to comparable data via the Consumer Data Right.
The US Federal Trade Commission has banned non-compete clauses, and in Australia the federal government is reviewing their use. Are changes coming for Australian employees and competition law?
Jim Chalmers' federal budget seeks to balance a longer-term economic vision with the more politically pressing need to address cost of living pressures. The Capital Brief team dissects what it means for the different sectors in Australia's new economy.
Already under pressure from proposed regulation, the BNPL sector must now factor in a review of credit reporting requirements by another federal body.
Judge says eSafety failed to establish global removal of stabbing video on X was a 'reasonable step'
Beefed up legal teams for X Corp and the eSafety regulator appeared in court today for a first hint at the showdown to come in the online safety lawsuit, testing the extent of the eSafety Commissioner's enforcement powers.
The government's pre-budget merger and foreign investment updates weren't necessarily designed to work together, but lawyers say they could help speed up deal approvals.
With its $120 million settlement with Qantas, Gina Cass-Gottlieb's ACCC has avoided a drawn out lawsuit, secured a payout for consumers and, she says, set a new industry standard for flight cancellations.
ASIC chair Joe Longo warned fund managers remained responsible for decisions they outsource to other managers while building their ESG funds.
When it comes to legal action against global tech companies, just how long is the arm of the law? That’s the question facing legal teams on both sides of the eSafety Commissioner’s legal battle against X.
Billionaire Elon Musk has become entangled in a feud with Australia's online safety regulator — and the prime minister — just as his biggest company Tesla faces urgent challenges.
Senators also said flaws in existing corporate and consumer laws meant they failed to prevent consumers from buying products based on questionable sustainability claims.
A new probe from ASIC — and a recent win in the Federal Court — show how the emboldened regulator is taking on the financial services industry.
It's rare to hear calls for more regulation and rarer for it to come from challengers to an industry. But both smaller banks and crypto traders want to hear more from the regulators.
Australian companies are likely to be among those hit with stringent new sustainability reporting rules which come into effect in the European Union in less than eight months.
The government's merger reform paper is out and competition lawyers aren't loving it. Plus, the latest in the Wollemi v Wollemi dispute.
Further consultation on digital asset platform regulation, which includes crypto, is adding to growing concern over investor uncertainty.
