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ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
ASIC 2025-02-27 11:14 pm By Andy Sidler

After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.

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Former Star Entertainment execs cop penalties after settling with ASIC
Gaming 2025-02-24 4:46 pm By Christine Caulfield

A judge has imposed penalties against Star’s former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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‘Speculation’: Former ASIC chair takes aim at Clive Palmer lawsuit
Public Corruption 2025-02-18 10:57 pm By Andy Sidler

Former ASIC chairJames Shipton wants to strike out claims brought against him by Clive Palmer, arguing the mining billionaire’s pleading cannot support a claim for misfeasance in public office.

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TerraCom directors to claim penalty privilege in novel ASIC case
ASIC 2025-02-18 2:14 pm By Julia Kanapathippillai

Four directors of coal producer TerraCom have flagged they will not show their hand in the corporate regulator’s first-ever case alleging breaches of whistleblower protections.

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Second former Star executive settles with corporate cop
Trials 2025-02-17 11:15 pm By Andy Sidler

Star’s former managing director Greg Hawkins has reached a mid-trial settlement with the corporate regulator in its case over the casino operator’s alleged lax money laundering compliance. 

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Construction PRO
Development manager behind $2.7B STH BNK project owes $100M
Restructuring & Insolvency 2025-02-17 11:38 pm By Julia Kanapathippillai

The development management company behind the $2.7 billion STH BNK project, which was placed in administration last week, owes creditors — including lawyers, consultants and designers — over $100 million.

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MinRes confirms boss will step down over disclosure failures
Energy & Natural Resources 2025-02-13 3:38 pm By Andy Sidler

Mineral Resources confirmed Thursday managing director Chris Ellison will be replaced following a disclosure scandal detailed late last year, but no new penalties will be imposed.

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Former IRExchange execs charged with Corporations Act violations
ASIC 2025-02-13 11:22 pm By Julia Kanapathippillai

The Australian Securities and Investments Commission has charged three former directors of failed online grocery wholesaler IRExchange for allegedly violating the Corporations Act.

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‘Red flags, red suitcases’: Star GC warned of unacceptable risk, court told
Trials 2025-02-11 10:56 pm By Cindy Cameronne

A former Star executive agreed to renew the casino’s relationship with a junket with organised crime links despite Star Sydney’s GC warning of suspicious transactions, a court has heard. 

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