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The corporate regulator has taken a provider of small loans to court after it allegedly monitored and removed funds from consumers’ bank accounts without their knowledge.
ASIC has filed action against Delta Electricity, owner of the Vales Point coal-fired power station in NSW, alleging “deliberate and calculated” manipulation in the market for electricity futures contracts.
The owner of Banana Boat and Hawaiian Tropic sunscreen brands faces court action by the consumer regulator for alleged greenwashing.
Private health insurer Bupa has admitted to misleading thousands of customers about their private health insurance benefits and has agreed to cop a $35 million penalty in a case by the consumer watchdog.
Former franchisees involved in a class action against RAMS are seeking to intervene in ASIC civil penalty proceedings against the defunct Westpac subsidiary.
Construction PRO
Companies in Sanjeev Gupta's steel empire, including the collapsed owner of Whyalla Steelworks, has been hit with action for allegedly failing to lodge annual reports with ASIC.
The common practice of splitting hearings on questions of liability and penalty may become “completely untenable” when there are credit issues, if the High Court upholds a recent recusal decision, a judge has said.
The corporate regulator has brought action against three companies in Sanjeev Gupta's steel empire, alleging the businesses have defaulted on their obligations to lodge annual financial reports.
The competition watchdog has brought proceedings accusing Australian Gas Networks of greenwashing by running ads containing unqualified statements that renewable gas will be available to households within a generation.
The Fair Work Commission has found a Darebin City Council street sweeper was unfairly terminated after expressing that an Acknowledgement of Country was unnecessary to open a work meeting.