ASIC sharpens its focus on private credit real estate funds: an update for licensees
Private credit loans to real estate – including development and infrastructure – are estimated to be the largest sector of Australia’s private credit market. In its Report 814: Private Credit in Australia (REP 814), released in September 2025, ASIC identified both strengths and shortcomings in private credit, signalling an opportunity for the industry to raise […]
$5.8 million penalty for privacy breaches: key takeaways for Australian organisations in a new regulatory enforcement era
In a landmark decision, the Federal Court has ordered Australian Clinical Labs to pay $5.8 million in civil penalties under the Privacy Act 1988 (Cth) (Privacy Act) – the first time such penalties have been enforced through the courts. The case marks a decisive shift towards stronger privacy enforcement and highlights the serious consequences for […]
