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High Court rules crypto-yield products require an AFSL
In a decision with far-reaching implications for the digital assets sector, the High Court has settled a contested question about the regulatory perimeter of Australia's financial services regime. On 17 June 2026, the High Court of Australia delivered its unanimous judgment in ASIC v Web3 Ventures Pty Ltd [2026] HCA 21, definitively resolving the question of whether crypto-yield products fall within the definition of 'financial product' under Chapter 7 of the Corporations Act
By Jennifer Lambley


No AI Act, no cry? Your compliance obligations when using AI
The Jobs and Skills Australia report, Our Gen AI Transition: Implications for Work and Skills, is a serious piece of work, and its findings on covert use deserve employers’ attention. Drawing on a range of studies, it found that roughly a quarter of workers are using Gen AI tools without their employer knowing or approving. The detail is worth dwelling on. The report does not paint shadow users as a workforce of rule-breakers. Some of them are, in its words, “hidden leaders”
By Guzyal Hill
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