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The Australian Securities and Investments Commission (ASIC) has made 47 regulatory interventions to address greenwashing misconduct during the 15-month period up to 30 June 2024, according to a new report.

A new report from market research firm Circana has highlighted ‘social e-commerce’ as a significant opportunity for brands, with platforms such as YouTube, Instagram, and TikTok providing the environment to accelerate consumer decision journeys from awareness to purchase in-platform.

Super Retail Group has held firm amid the tough trading climate for retailers, reporting a 2 per cent lift in sales to a record $3.9 billion for the full year to 30 June 2024. But like many it’s seen a hit to its earnings and profits, reporting a segment EBIT decline of 9 per cent to $400m and a net profit drop of 9 per cent to $240m.

Australian health insurance group Medibank has reported full year revenues of $8.18 billion, up 5 per cent on the last financial year.

Bank of Queensland will cut 400 full-time jobs across the business in order to save $50 million a year, a decision it has attributed to simplification and digital initiatives enabling productivity gains.

The Australian digital advertising and ad tech industry has seen a slight increase in job vacancy rates, from 4.5% to 4.6% in 2024, according to the IAB 2024 Industry Talent Report. The report indicates that redundancies across the sector have resulted in fewer available jobs compared to 2023. Over three quarters of open positions are targeting individuals with 1-5 years of experience, suggesting a shift towards ‘juniorisation’ of the advertising workforce. The most in-demand group are those with 3-5 years of experience.

Global period underwear and swimwear brand, Modibodi, has partnered with creative agency Fabric in a daring new campaign aimed at dispelling myths around swimming during menstruation. The campaign features marine biologist and freediver, Brinkley Davies, swimming with 5-metre tiger sharks while on her period, wearing only a Modibodi swimsuit.

SafetyCulture, the Australian tech firm, has recruited former Google senior director of marketing for Australia, Aisling Finch to the newly created role of VP, Marketing.

Bupa has announced a strategic shift in its creative approach, appointing CHEP Network as its lead creative agency for Australia and parting company with Thinkerbell after a three-and-a-half year partnership.

Baby Bunting Group Limited has reported a significant decline in profitability for the year ending June 30, 2024. The company’s statutory net profit after tax (NPAT) was $1.7 million, down 82.8% from the previous fiscal year’s $9.9 million.