The Australian Securities and Investments Commission has won a $1 million penalty against a financial advice firm for breaching the so-called best interest duty, the first ever penalty imposed for such a violation.
Rod Sims ready to net big fish with ACCC’s new powers
NBN complaints skyrocket, ACCC report says
Pacific National offers concessions to ACCC on terminal deal
Rail freight operator Pacific National has promised the Australian Competition and Consumer Commission it won’t discriminate between users of the Acacia Ridge Terminal in Queensland, one of several proposed concessions it offered in hopes of winning the regulator’s blessing on its proposed deal to acquire the terminal from Aurizon Holdings Limited.