The Labor government has submitted the National Broadband Network Companies Bill 2010 and the Telecommunications Legislation Amendment (National Broadband Network - Access Arrangements) Bill 2010 to the lower house. If approved the two bills will establish the regulatory framework that government run NBN Co Ltd will operate in, particularly the NBNs function as a wholesale, all access program.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...