The competition and consumer regulator is examining how banks set interest rates on savings accounts and why they are not in line with the Reserve Bank’s cash rate increases, as part of an inquiry launched in February.
Qoin cryptocurrency issuer BPS Financial is fighting a class action applicantās bid to amend its case for the fourth time, saying it is trying to bring an “entirely new claim”.
The ACCC has given its blessing to Sika’s planned acquisition of Germany-based MBCC Group, subject to the divestiture of MBCC’s Australian and New Zealand business.
The director of collapsed Kingscliff-based hedge fund Goldsky has pleaded guilty to five charges of dishonest conduct.
The Australian Securities and Investments Commission is fighting a challenge by three KordaMentha partners to the regulatorās decision to allow insurer Atradius to subject them to public examination over their administration of failed steel giant Arrium.
The authorised representative of forex broker Union Standard can’t exclude parts of an opinion by an ASIC-appointed expert in a case alleging it traded in margin products with Chinese clients despite knowing it was illegal under Chinese law.
The Fair Work Commission has upheld the firing of a Melbourne University professor who was found to have pursued an inappropriate personal relationship with a former employee who later complained she had been āgroomedā.
Gold Coast āfinfluencerā Tyson Scholz has been permanently barred from conducting a financial services business without a license, after a court found he provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and āBlack Wolf Pitā chat room.
Award-wining architecture firm Ashton Raggatt McDougall and its former boss have agreed to pay a combined $975,000 in penalties for attempting to rig bids on a $250 million building project at Charles Darwin University.
BlueScope Steel spent $27 million defending the ACCC’s claims that it engaged in serious cartel conduct in relation to the supply of flat steel products in Australia, and its apologies came too late to warrant a penalty discount, a court has heard.