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ACCC accuses wealth guru Dominique Grubisa of misleading students
The Australian Competition and Consumer Commission has taken wealth guru Dominique Grubisa and her business DG Institute to court for allegedly misleading students of their real estate investing and wealth management programs.
ING Bank ran afoul of Consumer Data Right rules, ACCC claims
ING Bank has paid penalties of over $50,000 to the ACCC to resolve claims it failed to comply with the Consumer Data Right rules and misled consumers in relation to the security of its CDR service.
Finder Wallet taken to court by ASIC over ‘unlicensed’ crypto product
ASIC has filed a lawsuit against Finder Wallet, a subsidiary of comparison website Finder.com, alleging the company breached various requirements in relation to its crypto product Finder Earn.
High Court won’t hear appeal by payday lenders Cigno, BHF
The High Court won't hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can't dodge the obligations contained in the National Credit Code through their lending model.
Medibank notified of law firm complaint to privacy commissioner
Medibank was formally notified Tuesday of a class action-style complaint brought on behalf of millions of customers in the wake of last month's massive data breach.
‘An unusual case’: ACCC gives Booktopia more time to pay $6M penalty
The Australian Competition and Consumer Commission has agreed to grant Booktopia more time to pay a $6 million penalty over an alleged misleading refund policy, after the online book retailer suffered a “massive fall” in its share price.
Courtenay House contractor pleads guilty over $180M Ponzi scheme
A former contractor of investment management fund Courtenay House who received over $670,000 in commissions from investors has pleaded guilty to two criminal charges after an ASIC investigation revealed the company duped 585 investors in a $180 million Ponzi scheme.
Star Entertainment directors, execs targeted in new ASIC action
The corporate cop has named eleven current and former Star Entertainment directors and officers in a civil penalty case alleging breaches of duties in relation to the company's non compliance with anti-money laundering laws.
Home builder admits to unfair clause banning bad reviews by customers
Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.
Former Statewide Super execs charged with dishonesty offences
The former chief financial officer and chief risk officer of South Australian industry super fund Statewide Superannuation have been hit with criminal charges related to the procurement of services from financial services platform Cosight.