Scammed company ordered to pay $190k

Inoteq Pty Ltd has been ordered by a District Court judge to pay over $190,000 to Mobius Group after inadvertently paying a fraudulent invoice sent by hackers using Mobius’s director’s email, The ABC reports.… read more

Major Projects & Construction 5 Minute Fix

From www.claytonutz.com: The Major Projects and Construction team discusses several recent legal cases concerning liquidated damages, rights on termination, and procedural fairness in arbitration.

In particular, the ACT Supreme Court ruled that “nil” liquidated damages do not exclude a party’s right to common law damages unless explicitly stated.… read more

New CDR rules and ASIC notices

From hallandwilcox.com.au: Recent proposed amendments to the Consumer Data Right Rules aim to expand data sharing obligations to non-bank lenders in Australia, raising the thresholds for compliance and narrowing the range of compulsory products.… read more

Australian M&A enters a new era in 2025

From bdo.com.au: Australia’s merger and acquisition landscape undergoes significant changes in 2025, transitioning from a voluntary review to a mandatory notification regime with stringent thresholds and penalties for non-compliance.… read more

Austrac Suspicious Activity lists – Digital Currency

From sophiegrace.com.au: AUSTRAC has issued new sector-specific indicators to identify suspicious activities related to money laundering and terrorism financing in digital currency exchanges.

These indicators necessitate timely reporting, proactive monitoring, and are to be integrated into risk assessment processes and compliance programs.… read more