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Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.
The corporate regulator has made interim orders barring Angas Securities from offering two managed investment schemes holding $114 million, raising concerns that it failed to disclose its exposure to collapsed developer Bathla Group.
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Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.
Payday lender Sunshine Loans has been hit with $5.5 million in penalties for charging vulnerable customers almost $300,000 in fees, with a judge giving limited weight to its claim that it relied on legal advice when introducing the unlawful charges.
The Australian Prudential Regulation Authority has imposed a $100 million capital overlay penalty on Macquarie Group, saying the bank had miscalculated the amount of capital required to buffer its non-bank businesses.
The High Court has dismissed billionaire Clive Palmer's bid to revive his misconduct claims against former ASIC chair James Shipton, which an appeals court rejected as "little more than a house of cards".
The Fair Work Commission has found that a solicitor who entered into a contract akin to an independent contractor agreement with Linkpoint Lawyers was an employee of the firm.
The property developer linked to collapsed investment funds Shield and First Guardian took the stand in court on Wednesday to face a grilling by liquidators, as investigators try to claw back the $1 billion in missing investor funds.
The Office of the Australian Information Commission will not take action against defunct court transcription services provider VIQ Solutions over the unauthorised access of court recordings, despite finding there may have been a privacy breach.
The operator of pharmacy chain Chemist Warehouse and hospitality giant Hemmes Group are among companies that copped a total of $4.4 million in fines for missing the FY25 financial reporting deadline, ASIC said Wednesday.