Most Recent
The ACCC has fined a Victoria-based small egg producer $39,600 after the consumer watchdog alleged that claims its eggs were free-range were false or misleading.
ASIC’s chair says the corporate cop is investigating individuals at KPMG for alleged misuse of confidential information belonging to Lendlease and Optus to win new work, but says it is hamstrung by current law from undertaking a broader probe.
Construction PRO
A property developer has been hit with criminal charges relating to an alleged $10 million disability housing fraud scheme following a two-year probe by ASIC.
The former boss of Metigy has been sentenced to nine years behind bars after pleading guilty to misusing company funds and providing false information to investors, who pumped $40 million into the AI start-up.
Fitness support company and NDIS provider WeFlex has paid a $19,800 penalty over social media ads which allegedly made misleading claims about NDIS funding.
RSPCA Queensland has entered into an enforceable undertaking with the Fair Work Ombudsman after underpaying 1,008 staff approximately $4.3 million between February 2017 and September 2023.
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
HSBC has agreed to pay a $35 million penalty in ASIC proceedings after it admitted to serious failures in protecting customers from scams, but a judge is questioning whether the penalty is high enough.
A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.
A former owner of the Ubertas property development group is suing Deloitte Private and Pitcher Partners, alleging they gave her negligent advice that led to an audit and a $12 million tax bill.