Last mentioned: Mar 16, 2026
ASIC Regulatory Alarm
Financial regulator releases study warning of the risks of algorithmic financial advice for Gen Z.
Court Dismissal
Federal Court dismisses ASIC's case against the directors, citing insufficient evidence of personal breach.
ASIC Warning
ASIC Chair Joe Longo issues a statement placing all corporate boards 'on notice' regarding diligence standards.
Federal Court Ruling
Justice Lee declares Bekier and Martin breached their duties in a landmark judgment.
Federal Court Ruling
Justice Michael Lee finds Matthias Bekier and Paula Martin breached their corporate duties.
License Suspension
Star's casino licenses remain suspended or under management as remediation continues.
ASIC Proceedings Launched
ASIC initiates civil penalty proceedings against 11 directors for breach of duty.
Bell Inquiry Report
Star Entertainment found unfit to hold a casino license in NSW due to systemic failures.
ASIC Lawsuit
ASIC commences civil penalty proceedings against Matthias Bekier, Paula Martin, and nine others.
ASIC Lawsuit
The regulator initiates legal action against 11 former Star executives and directors.
Platform Fee Surge
Major real estate portals Domain and realestate.com.au significantly increase advertising costs.
The Risk Management Pivot
Industrial sectors shift from 'cleaning' to 'strategic hygiene' following the global pandemic.
NAB Deception
Star provides misleading information to NAB regarding the use of China UnionPay cards for gambling.
NAB/UnionPay Deception
Star falsely claims China UnionPay cards are used for non-gambling purposes to maintain banking access.
Suncity Misconduct
Suspicious conduct by junket staff, including cash deliveries in cooler bags, occurs at Star casinos.
Suncity Misconduct
Suspicious cash deliveries and CCTV evasion by junket staff occur at Star casinos.
First Social-Only Property Sale
Nic Fren becomes the first Australian agent to sell a property exclusively via Facebook.
A new ASIC study reveals that nearly two-thirds of Gen Z trust AI platforms for financial information, while one in five actively uses AI tools to solicit investment advice. Regulators are sounding the alarm over algorithmic bias and the potential for AI-generated misinformation to drive speculative trading in volatile assets like cryptocurrency.
A new ASIC study reveals that 63% of Gen Z Australians rely on social media for financial advice, raising regulatory concerns about the accuracy of 'finfluencer' content and AI-driven recommendations. Simultaneously, social media algorithms are disrupting traditional real estate and commercial sectors, shifting market dynamics toward decentralized engagement.
A new ASIC report reveals that 63% of Gen Z consumers rely on social media for financial advice, signaling a massive shift in how young investors engage with markets. Simultaneously, social media algorithms are disrupting traditional real estate and industrial sectors, forcing a pivot toward data-driven risk management and decentralized marketing.
A new ASIC study reveals that 63% of Gen Z now use social media for financial advice, with 64% trusting AI platforms over traditional sources. This shift toward algorithmic discovery is disrupting established gatekeepers in finance and real estate, prompting regulatory concern over misinformation.
A new ASIC study reveals that 63% of Gen Z Australians rely on social media and AI for financial advice, signaling a massive shift in how the next generation of property buyers and investors access information. Simultaneously, the real estate industry is increasingly bypassing traditional listing portals in favor of algorithm-driven social media platforms, creating new challenges for transparency and consumer protection.
The Federal Court has dismissed ASIC’s civil penalty proceedings against former directors of Star Entertainment Group, marking a significant legal setback for the regulator. However, ASIC maintains the case has clarified the high standards of diligence expected of corporate boards, effectively placing directors across Australia on notice.
The Federal Court of Australia has ruled that former Star Entertainment CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by overseeing a 'dysfunctional' culture. The ruling centers on the failure to disclose criminal risks associated with the Suncity junket and misleading National Australia Bank regarding prohibited gambling transactions.
The Federal Court of Australia has ruled that former Star Entertainment Group CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by failing to disclose significant criminal risks and misleading lenders. Justice Michael Lee described the company's culture as 'dysfunctional and unethical' in a landmark 501-page decision.