The Australian government has agreed to pay A$475 million ($309 million) in compensation to victims of the illegal “Robodebt” welfare debt recovery program — a payout that, if approved by the courts, would be the largest class action settlement in the country’s history.

Dr. Neil Hopper, a 49-year-old vascular surgeon who previously performed hundreds of amputations, has been charged with fraud after allegedly lying to insurers about the cause of his own leg amputations. Prosecutors claim that Hopper falsely stated his injuries were the result of sepsis, not self-inflicted, in an attempt to obtain financial compensation.

The International Monetary Fund announced on Wednesday that it has reached an agreement to extend an existing multi-billion-dollar loan program with Bangladesh and authorize a $1.3 billion payout.

Spotify (SPOT) said on Wednesday it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year.