Angus Whitley

Australia’s controversial new law barring under-16s from social media is one of the toughest crackdowns yet on platforms including Facebook and TikTok as governments worldwide grasp for ways to protect children from harmful content.

Good morning. It’s Angus here in Sydney. Here’s what you need to know to start your working day.

Kia is also seeking to crack a lucrative market dominated by Toyota and Ford

IndiGo CEO Elbers Says Aircraft Grounding Crisis Has Peaked

Australian Prime Minister Anthony Albanese is under pressure to explain his relationship with Qantas Airways Ltd. after allegations he received more than a dozen free flight upgrades, soliciting at least some of them directly from ex-boss Alan Joyce.

The sex-for-investment scandal that swiftly deposed Australian tech billionaire Richard White is just the latest corporate calamity in a country fast losing its reputation as a tightly-regulated market with strict governance standards.

Qantas Airways Ltd. faces a multi-million dollar payout to almost 1,700 ground workers illegally fired during the pandemic after a court put the combined compensation for three test-case workers at A$170,000 ($114,000).

WiseTech Global Ltd. shares plunged in Sydney after the tech company’s board said it’s reviewing media allegations against billionaire co-founder and Chief Executive Officer Richard White of historical inappropriate behavior.

Star Entertainment Group Ltd.’s survival rests almost entirely on new Chief Executive Officer Steve McCann and his turnaround plan after the regulator said the biggest risk to the Australian casino operator is its precarious financial state.

TPG Telecom Ltd. agreed to sell its fiber assets and the company’s fixed business serving enterprise, government and wholesale customers to Vocus Group Ltd. in a deal valued at A$5.25 billion ($3.5 billion).