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Corporate penalties to triple under new proposal
News 2017-10-24 12:36 pm By Cat Fredenburgh

The Australian Securities and Investments Commission could get more teeth under a new proposal by a Turnbull government taskforce released Tuesday, with penalties for corporate crime tripling from $1 million to $3 million.

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ANZ settles with ASIC on eve of trial
Financial Services 2017-10-23 12:05 pm By Cat Fredenburgh

Australia and New Zealand Banking Group Ltd. has reached an 11th-hour deal with the securities regulator over allegations of interest rate rigging.

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ACCC calls out power cos. for ‘skyrocketing’ electricity prices
Energy & Natural Resources 2017-10-17 1:47 pm By Cat Fredenburgh

Electricity prices in Australia have skyrocketed and its hurting Australians, the consumer regulator has said in a damning report that faults power companies for confusing customers and finding loopholes in the law.

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