ASIC Chair Condemns KPMG Whistleblower Scandal as ‘Egregious Breach of Trust

KPMG Australia is facing intense scrutiny following whistleblower revelations of internal misconduct, including the alleged misuse of confidential Optus audit data to pursue Telstra business. The scandal has prompted executive departures, the loss of long-term clients like Lendlease, and urgent calls from federal senators for stricter oversight of large consultancy partnerships that currently operate outside … Read more

SkyCity Adelaide Fined $21M for ‘Unacceptable’ Safety Failures

SkyCity Adelaide’s $21M Fine Signals a Global Shift in Casino Regulation—What’s Next? SkyCity Adelaide has been hit with a $21 million fine—the largest in South Australia’s history—for systemic failures in anti-money laundering (AML) and harm minimization, marking a turning point in how regulators scrutinize casinos worldwide. The settlement, announced Friday, includes a ban on cash … Read more