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Latest news: Regulatory Policy and Organisation

Watchdog sues ASX Ltd for 'misleading' upgrade claims

Watchdog sues ASX Ltd for 'misleading' upgrade claims

Share market operator ASX made misleading statements when it said a platform upgrade was "on track" and "progressing well", the corporate regulator alleges.

Tech giants on notice over 'blindness' to abuse content

Tech giants on notice over 'blindness' to abuse content

Tech giants on notice over 'blindness' to abuse content

Tech giants on notice over 'blindness' to abuse content

Tech companies treat child sexual abuse content with "wilful blindness" but the online safety watchdog will soon force them to face uncomfortable truths.

Calls for law as AI rogues plunder Australian creatives

Calls for law as AI rogues plunder Australian creatives

Calls for law as AI rogues plunder Australian creatives

Calls for law as AI rogues plunder Australian creatives

One actor's voice was cloned after producers cancelled his contract while another's was used in a pornographic ad without her consent, an AI inquiry has heard.

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Telstra silent number failure placed customers at risk

Telstra silent number failure placed customers at risk

Silent phone numbers and addresses were published by Telstra in the online White Pages in a failing that put customer safety and privacy at risk.

Push for transparent national hate-crime database

Push for transparent national hate-crime database

A push is underway for an independent, national database to track hate-motivated crime data and keep pace with the risks and threats extremists pose.

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

The boss of the financial services watchdog has revealed a lack of investment in data capability and technology is hampering its ability to tackle crime..

Pizza Hut to fork out millions in dough for spam texts

Pizza Hut to fork out millions in dough for spam texts

Pizza Hut has been fined $2.5 million for delivering unwanted spam texts and emails to customers.

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Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.

News outlets risk using fake photos without AI policies

News outlets risk using fake photos without AI policies

News outlets risk using fake photos without AI policies

News outlets risk using fake photos without AI policies

Only one in three media outlets have strict rules about generative AI tools and editors are concerned about spreading artificial images, a study has found.

Underpaid Optus workers get $7.8m in backpay from telco

Underpaid Optus workers get $7.8m in backpay from telco

Underpaid Optus workers get $7.8m in backpay from telco

Underpaid Optus workers get $7.8m in backpay from telco

Telecommunications company Optus will reimburse thousands of current and former employees after underpaying them for six years.

Picture perfect AI phone tools to blur lines of reality

Picture perfect AI phone tools to blur lines of reality

Picture perfect AI phone tools to blur lines of reality

Picture perfect AI phone tools to blur lines of reality

Generative artificial intelligence can create stunning content but experts warn strict rules are needed to ensure viewers know what’s real and what's fake.

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

More rent protections likely for NT, SA and WA tenants

A suite of renting reforms are set to be passed in South Australian and Northern Territory, and Western Australia is also looking to modernise its tenancy laws.

'Rules of the road' needed to better regulate AI

'Rules of the road' needed to better regulate AI

'Rules of the road' needed to better regulate AI

'Rules of the road' needed to better regulate AI

A top European technology envoy has opened the tent to Australia helping regulate artificial intelligence as the pace of developments accelerates.

Westpac axes PwC as embattled firm announces job cuts

Westpac axes PwC as embattled firm announces job cuts

Westpac axes PwC as embattled firm announces job cuts

Westpac axes PwC as embattled firm announces job cuts

Westpac has ended its relationship with external auditor PwC as the under-fire firm continues to face setbacks after a leaking scandal.

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Kmart hit with $1 million fine for spam law breaches

Kmart breached spam laws more than 200,000 times and is paying the price, with the media watchdog lashing out at businesses that ignore customer privacy.

Gas giant Santos taken to court for auction breaches

The energy regulator has accused Santos of breaching record-keeping obligations for pipeline capacity but the gas company says the rules were too complex.

Consulting firms' problems fuelled by pursuit of growth

A Senate committee has been told stories of toxic work culture and conflicts of interest, which experts say are driven by the "aggressive pursuit of growth".

ASIC in 'shameful' conduct towards farmers over banks

The corporate regulator has failed to investigate cases of alleged misconduct by banks against Australian farmers, a parliamentary committee has been told.

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Stronger botox and filler safeguards on the cards

Authorities are cracking down on advertising and regulations for cosmetic procedures like botox in a bid to improve safety as their popularity soars.

FTX collapse shows need to tighten regulations: inquiry

A parliamentary committee has called for a tightening of the way companies can gain financial licences, in the wake of the FTX Australia collapse.

Banks' flaws add to next of kin stress, report shows

An independent report says banks need to do a better job handling deceased estates and better train staff to deal with grieving relatives of dead customers.

Climate change risk added to banking watchdog's beat

For the first time, Australia's prudential regulator must consider climate risks as part of its work to keep banks, insurers and superannuation funds strong.

Regulator investigates big build fraud allegations

Some of Victoria's major building projects are under investigation by the rail safety regulator over allegations of fraud by labour hire companies.

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