In this edition, we discuss proceedings brought by the Australian Securities and Investments Commission ( ASIC ) against Choosi Pty Ltd ( Choosi ) for allegedly misleading prospective customers through its funeral and life insurance compari…

You ask your OpenAI agent to book a lunch with my Anthropic AI agent. Will the two AI agents from competing developers be able to communicate? How will my agent know that the invitation is not a scam? I prefer Chinese food and you prefer It…

On the pulse ASIC and APRA host Superannuation CEO Roundtables to discuss the FAR – see media release. ASIC announces financial reporting and audit focus areas for FY 2025-26 – see media release. ASIC: Consumer lease industry on notice for

The federal election on 3 May 2025 delivered the Albanese Government a stronger majority and with it, renewed licence to pursue revenue integrity as a pillar of fiscal repair. The Budget deficit is forecast to deepen, inflationary pressures…

The Australian Government continues to consult on how to appropriately regulate AI, including whether that should be done on a standalone basis, such as the consultation on  proposed mandatory AI guardrails for high-risk AI use and the 

In this edition, we discuss the 2025 Director Remuneration Report released by the Australian Institute of Company Directors ( AICD ), civil penalty proceedings commenced against a former director of Blockchain Global Ltd ( Blockchain ) by t…

Proceedings challenging a company’s ‘carbon neutral’ marketing claims came to an early close, after EnergyAustralia and environmental group, Parents for Climate, reached a settlement before the Federal Court hearing was set to commence.

While compliance plans document the measures that will be implemented by an RE to meet its obligations under the Corporations Act, the scope of ASIC’s review was limited to treatment of the following regulatory regimes: reportable situation

Western Australia ( WA ) is poised to become a carbon capture and storage ( CCS ) powerhouse. Its geological basins offer far more CO storage capacity than needed for its own emissions, creating opportunities to store CO from emissions-inte…

Developers are making efforts in the design and training of AI models to better ensure alignment with human ethics, safety and preferences. However, once ‘in the wild’, AI can be fine-tuned by downstream developers and deployers on more spe…

On 16 May 2025, the Australian Securities Exchange ( ASX ) announced an update to ASX Guidance Note 1 Applying for Admission – ASX Listings ( GN1 ), which took effect from 30 May 2025. GN1 provides detailed guidance to entities seeking admi…

The original text of this speech was delivered by Andrew Low, Partner, at the Competition Law Conference in May 2025 at the Sheraton Grand Sydney Hyde Park as a comment to the Chair of the ACCC’s opening remarks. Thank you to the Chair, Gin…

From 10 June 2025, the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 ( BNPL Act ) will amend the law so that the National Consumer Credit Protection Act 2009 ( NCCP Act ) and National Consumer Credit Pr…

In this edition, we discuss ASIC’s announcement of the FY25-26 financial reporting and audit focus areas, an application received by the Takeovers Panel in relation to the affairs of Keybridge Capital Limited (ASX:KBC) ( KBC ) and the Takeo…

The debate The US Copyright Office’s review received over 10,000 submissions, with opinions sharply divided: The stakes are high and the consequences are often described in existential terms. Some warn that requiring AI companies to license