I went to check out the status of the Torres Straight Island flag and ended in going down a bit of a rabbit hole in regards to the Australian Aboriginal flag:

The flag’s current legal status was debated in an Australian Senate estimates committee in mid‑February 2022, when it was also revealed that the Morrison government had paid $13.75m to Thomas to assume copyright, and also paid $6.3m to two non-Indigenous businesses which held licences to use the flag. These companies are WAM Clothing, which received $5.2m, and Wooster Holdings, which was paid $1.1m. Interests in both companies are held by Gold Coast businessman Ben Wooster, former director of Birubi Art (which was fined $2.3m in 2018 for selling fake Aboriginal art).