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QBE to contest ASIC penalty over misleading discounts
Insurer QBE will dispute ASIC's proposed penalty after admitting that its pricing model misled customers.
Clive Palmer’s resort company convicted of breaching takeover law
Clive Palmer's resort company Palmer Leisure Coolum has been fined $10,000 after pleading guilty to breaching takeover law arising from its proposed acquisition of The President’s Club.
ASIC halts $573M Murdoch Clarke fund amid credit crackdown
ASIC has issued interim stop orders preventing Murdoch Clarke from offering investment in its mortgage fund, as part of the corporate regulator’s surveillance of the private credit sector.
BDO Audit director seeks strike-out of ASIC case over Dubber audits
A BDO Audit director facing action launched by ASIC over alleged false and misleading reports for software company Dubber is seeking to strike out the regulator's amended case.
Visy, other Pratt companies pay $4M for alleged late financial reports
Paper giant Visy Industries and 20 other companies in the Pratt group have paid $4.158 million in fines for allegedly failing to lodge 2024/205 financial reports on time.
Equity Trustees deflects blame in ASIC case over First Guardian fund
The super trustee has pointed the finger at third party firms in its defence to an action by ASIC over its offer of the failed First Guardian fund on its investment platform. 
Former Rex CEO cops $800,000 penalty, four-year ban
Former CEO and chairman of budget airline Rex Lim Kim Hai has been hit with a $800,000 penalty and a four-year disqualification order for admitted breaches of his continuous disclosure obligations.
Jon Adgemis investor Gemi loses bid for costs against ASIC
The private credit firm that backed bankrupt publican Jon Adgemis has failed in its fight for the costs of its court action against the corporate regulato over notices to produce documents it said were shielded by legal professional privilege. 
ASIC cancels MWL Financial’s credit licence
ASIC has cancelled the credit licence of MWL Financial, the latest trouble for the collapsed advisory firm, which is being pursued by the corporate regulator for advising clients to invest their super in Keystone's failed Shield Master Fund.
ASIC can’t block Ryzon Materials’ ‘hypothetical’ transaction
A judge has refused to make an injunction sought by ASIC against Ryzon Materials, finding the regulator is not entitled to constrain a "hypothetical" transaction while it awaits judgment in its case over the company's battery plant representations.