Commonwealth Bank sued by ASIC over business account fees
The corporate regulator alleges the country’s biggest bank overcharged 42,000 business customers in fees and failed to disclose some.
The corporate regulator alleges the country’s biggest bank overcharged 42,000 business customers in fees and failed to disclose some.
It's not for lack of trying, but ASIC is furious with the private credit sector's seeming indifference toward to the regulator's attempt to crack down on poor lending practices.
Australia’s corporate watchdog is looking into the fall of the Western Sydney property developer.
Corporate regulator ASIC launches a formal investigation into collapsed property giant Bathla Group, which owes creditors at least $3.4 billion.
The corporate regulator says private credit funds are not telling investors how they’re making money, and how much, as they called out complexity and conflicts.
A review of the controversial marketing practice by the corporate regulator has found it generated more than 90 per cent of new clients among some licensees.
The Adelaide private credit provider is accused of not adequately disclosing its financial position and exposure to the collapsed developer to investors.
The former ASIC chairman says he can finally move on with his life, six years after the case began, and still feels he was abandoned by the system.
The parent company of Tasmania's Mona museum has been slugged with a hefty fine after failing to lodge a financial report on time.
The regulator says more than four out of five companies it contacted had failed to lodge financial reports for the 2025 financial year on time.
The regulator said it was concerned the product was described as “suitable for retail investors seeking capital preservation” as it scrutinised funds.
The corporate regulator says it could take trustees to court and claw back executive bonuses after it catalogued a litany of failures on customer complaints.
Muddying the waters are conflicts and varying reports about how much indicative demand there was, while few investor updates were sent when demand fell away.
The corporate regulator alleges that the company improperly invested in restaurants, breweries and property development as well as misleading investors.
The list of government agencies caught up in potential data breaches involving embattled transcription company VIQ Solutions is growing, with FOI documents revealing both the ATO and ASIC conducted investigations after fears data had been sent offshore in 2025.
The corporate regulator is examining the claims made by Firmus’ bankers during marketing of the failed IPO.
The retail group behind Rebel Sport and Supercheap Auto will face shareholders this week amid fresh questions about the alleged relationship between two top executives and the continuing fallout for investors.
The retail group behind Rebel Sport and Supercheap Auto will face shareholders this week amid fresh questions about the alleged relationship between two top executives and the continuing fallout for investors.