ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.
Facing a probe by the corporate regulator, mining giant Mineral Resources has admitted that it should have disclosed transactions relating to managing director Chris Ellisonās company.Ā
The consumer regulator is planning lawsuits over misleading advertising by businesses targeting National Disability Insurance Scheme participants.
The superannuation fund of the construction industry has been hit with ASIC enforcement action, accused of long delays in processing the death and disability claims of thousands of members.
ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.
Australia’s consumer regulator has found that domestic airline customers are facing less choice and higher prices following the collapse of regional airline Rex.
ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.
A former investment manager who provided investors with forged portfolio reports about his ‘Golden Method’ trading strategy has been sentenced to three years in jail.
Optus has been hit with a $12 million penalty over a āpreventableā nationwide network outage in November 2023, which left thousands of customers unable to make emergency calls.
Australian Clinical Labs may seek to strike out part of the OAIC’s case over a 2022 data breach, arguing it would unfairly allow the watchdog to allege both single and multiple contraventions of privacy law.