ASIC questions rent-to-own company’s challenge to $7.4M penalty

ASIC 2025-12-22 4:17 pm By Sam Matthews | Melbourne

ASIC has questions about the “bona fides” of a rental company’s appeal of a $7.4 million penalty for unlawful loan agreements, telling a court it needs to see evidence about the “very rapid decline” of the company’s financial position.