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Competition cop confirms REA Group investigation
Competition & Consumer Protection 2025-05-29 11:49 pm By Christine Caulfield

The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.

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ACCC has concerns about $475M merger of rural retailers Elders, Delta
Competition & Consumer Protection 2025-05-29 11:08 pm By Julia Kanapathippillai

The ACCC has raised concerns about the proposed acquisition by ASX-listed Elders of Delta Agribusiness, saying it could reduce competition in agriculture products.

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Thermomix cops $80,000 penalty for NDIS claims
Competition & Consumer Protection 2025-05-29 11:27 pm By Christine Caulfield

Thermomix has paid $79,200 in penalties after being served with four infringement notices over ads claiming two appliances got the National Disability and Insurance Scheme tick.

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ASIC launches suit against missing ex-Blockchain Global director
Cryptocurrency 2025-05-28 11:55 pm By Andy Sidler

The corporate watchdog has brought proceedings against the former director of collapsed cryptocurrency exchange platform Blockchain Global for alleged violations of his directors duties. 

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REA Group faces investigation by competition regulator
Competition & Consumer Protection 2025-05-27 11:46 pm By Christine Caulfield

Real estate listings giant REA Group on Tuesday confirmed media reports of an investigation by the Australian Competition and Consumer Commission.

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Captain Cook hit with $30M in penalties for systemic unconscionable conduct
Competition & Consumer Protection 2025-05-27 11:21 pm By Julia Kanapathippillai

Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.

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TerraCom to pay $7.5M to settle ASIC’s whistleblower suit
ASIC 2025-05-27 11:56 pm By Cat Fredenburgh

Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower’s reputation. 

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ATO whistleblower pleads guilty to secret recording, will avoid jail
Employment 2025-05-28 11:02 pm By Julia Kanapathippillai

Australian Tax Office whistleblower Richard Boyle has pleaded guilty to four charges connected to disclosures he made against his employer, but will avoid jail.

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ASX can’t see file notes of key ASIC interview in CHESS case
ASIC 2025-05-27 11:37 pm By Cindy Cameronne

A judge has upheld ASIC’s privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system. 

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ASIC seeks $30M penalty for Westpac’s ‘scandalous’ conduct
Financial Services 2025-05-26 11:17 pm By Andy Sidler

ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as “shocking” and “truly scandalous”.

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