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Australian Mines cops $450,000 penalty for lying about funding for $500M project
Energy & Natural Resources 2022-08-10 1:27 pm By Cat Fredenburgh

Australian Mines has agreed to pay a $450,000 penalty to settle proceedings brought by ASIC after its managing director was allegedly caught lying at an […]

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Full Court shoots down appeal by former Blue Star Helium CEO
Appeals 2022-08-08 6:14 pm By Sam Matthews

The Full Federal Court has dismissed former Blue Star Helium CEO James Cruickshank’s challenge to a $40,000 penalty and four-year ban for failing to disclose […]

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Dye & Durham offers to shed Aussie business in $2.9B bid for Link Group
Corporate 2022-08-04 1:58 pm By Cat Fredenburgh

Canada-based software company Dye & Durham has offered to divest its Australian business to win the ACCC’s blessing for its proposed $2.9 billion acquisition of […]

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Telstra to shut down sites amid ACCC concerns about Optus 5G rollout
Competition & Consumer Protection 2022-08-03 11:11 pm By Cat Fredenburgh

Telstra has agreed to deregister 162 radiocommunications sites after the ACCC expressed concerns the acquisition could stymie competition by hampering the rollout of Optus’ 5G […]

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ASIC won’t enforce $7.2M penalty against Dixon Advisory
Financial Services 2022-08-02 11:49 pm By Sam Matthews

The Australian Securities and Investments Commission will not seek to enforce a $7.2 million penalty agreed to by Dixon Advisory after admitting to the regulator’s […]

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Big Un auditor convicted of failing to comply with auditing standards
Accounting 2022-08-01 11:08 pm By Cat Fredenburgh

The lead auditor for Big Un’s flawed 2017 independent audit, which overstated the failed video company’s cash and cash equivalents by $8.2 million, has been […]

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ASIC says judge should not wait on High Court in case against payday lenders
Financial Services 2022-07-29 11:18 pm By Christine Caulfield

The corporate regulator will challenge a bid by payday lenders Cigno and BHF to stay its case pending their appeal to the High Court. Counsel […]

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CFMMEU hit with maximum penalty after alleged homophobic slurs
Employment 2022-07-29 5:03 pm By Cindy Cameronne

The CFMMEU and two of its officials have been hit with the maximum penalty for allegedly breaching right of entry rules and calling a safety […]

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Honda admits ‘accidentally but repeatedly’ misleading customers
Competition & Consumer Protection 2022-07-26 12:35 pm By Sam Matthews

Honda has admitted to the Australian Competition and Consumer Commission’s claims that it mislead the customers of two former authorised dealerships, but is seeking to […]

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Penalty in ACCC case against Uber off by more than $20M, judge says
Competition & Consumer Protection 2022-07-25 11:07 pm By Sam Matthews

A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as “not within the range”, saying the impact of the […]

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