Tag:
regulatory compliance
Technology
How Nintendo Navigated Tr...
Nintendo enthusiasts across the United States let out a collective sigh of relief on 5 June 2025, as the brand-new Nintendo Switch 2 consoles arrived in stores as promised. With a suggested retail price of $450 for the standalone unit (or $500 bundled with Mario Kart World), the next-generation system’s launch felt precariously close to derailing thanks to looming U.S. import tariffs. Trade policy turbulence under former President Donald Trump’s administration had cast doubt on pre-orders—and, potentially, the release date itself. Yet, despite aggressive proposed tariffs on key manufacturing countries, Nintendo managed to secure a window in which the Switch 2 could be imported and sold at the originally advertised price. What follows is a closer look at how fortunate timing, nimble decision-making and a last-minute presidential pause allowed Nintendo to sidestep steep duties—at least for now—and what challenges may lie ahead as trade negotiations continue.
Business
Australians Give Super Fu...
When a major bank locked customers out of their accounts for seven weeks, public outrage would have been immediate. Australians rely on their superannuation funds in a way similar to bank accounts—yet industry super fund HESTA recently did just that. From mid-April until early June, over one million HESTA members were unable to access online account services while the fund switched administrators. HESTA insisted the outage would deliver “a better experience” in the long run. But for many members—with bills to pay, mortgages to settle, or urgent expenses to meet—that rationale rang hollow. The seven-week outage forced consumers to scramble for workarounds, in some cases risking financial stress.
Business
Energy Australia Admits C...
Energy Australia, one of the nation’s largest energy retailers, has today issued a formal apology to more than 400,000 customers and acknowledged that its “go neutral” carbon-offset program did not prevent or reverse the climate harms caused by fossil-fuel consumption. The retailer’s statement, part of a confidential settlement with advocacy group Parents for Climate, represents the first time a major Australian energy provider has admitted to misleading marketing around carbon neutrality. The move follows legal action launched in 2023 under Australia’s consumer-protection laws, alleging deceptive and misleading conduct by the company.
Business
Shire of Coolgardie CEO R...
The Shire of Coolgardie has formally accepted the resignation of its long-serving chief executive officer, James Trail, amid an ongoing independent investigation into workplace culture at the local government.
Technology
Insights into Raman Spect...
In this expert interview, Dr. Nimesh Khadka shares insights into how Raman spectroscopy is revolutionizing bioprocess monitoring. As a process analytical technology (PAT) tool, Raman offers unmatched specificity and real-time data, setting it apart from traditional methods like UV-Vis spectroscopy.
Business
Wittner Enters Administra...
Australian footwear institution Wittner has entered administration, becoming the latest casualty in a turbulent retail landscape. The 113-year-old company — one of the nation’s oldest surviving footwear retailers — is now being managed by administrators from Deloitte, who are urgently assessing its finances and options for a possible sale or recapitalisation.
Technology
AI and Quantum Computing ...
As artificial intelligence and quantum computing technologies advance at breakneck speeds, organisations are facing an unexpected cybersecurity challenge: a surge in machine identities that outpaces current security capabilities. Recent research by identity management provider CyberArk reveals that the rapid adoption of AI-driven systems and cloud-native innovations is leading to an explosion of machine identities—certificates, keys, secrets, and access tokens—that, if left unprotected, could open the door to cyberattacks and data breaches.
Business
Star Entertainment Group:...
The Star Entertainment Group faces a significant financial crisis characterized by declining share prices and substantial losses. The fallout from a money-laundering scandal has raised regulatory scrutiny and diminished public trust. This blog post examines the company's potential paths to recovery, including insolvency, asset liquidation, and acquisition, while highlighting the strategic importance of Queen's Wharf. As analysts weigh the future outlook for Star Entertainment, discussions surrounding government support and international investor interest further complicate the situation. Discover insights into the challenges and opportunities that lie ahead for this gaming giant.