In August 2020 the Australian Securities & Investments Commission (ASIC) announced that it had started proceedings in the Federal Court against an Australian Financial Services Licensee for failing to ensure that financial advisers under its control protected sensitive data from cyber attacks.The cyber attacks had taken place between December 2017 and May 2018. After the attacks ASIC alleged...
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Law firm Mills Oakley is being sued over accusations it fell for an email scam and lost almost $1 million of a client’s money. Prominent Singapore businessman and real estate mogul Harry Chua hired Mills Oakley to act for him to buy an apartment in the Aurora Melbourne Central development in La Trobe Street in the city’s CBD. The Aurora Melbourne Central building under construction in...
HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant to build a new home or substantially renovate an existing home. HomeBuilder assists the residential construction sector by encouraging the commencement of new home builds and renovations. On 29 November 2020, the Government announced an extension to the HomeBuilder program to...