The Latest Breaking News on ASIC

Inquest hears husband of alleged fraudster Melissa Caddick 'lost the plot' over ASIC investigation

Facing the inquest for the third day, Anthony Koletti says he thought his wife, alleged fraudster Melissa Caddick, was "honest"…

ABC News

Anthony Albanese says ‘Optus should pay’ for new passports for data breach victims

Push comes day after states suggest telco will pick up multi-million dollar tab for replacing driver’s licences of affected customers

The Guardian - AU

Melissa Caddick's husband said he was 'confused' when questioned over wife's disappearance

The "distressed" husband of accused Sydney fraudster Melissa Caddick is stood down from giving evidence after becoming "confused" by questions…

ABC News

Read news from The Economist, FT, Bloomberg and more, in one place.

Australia’s financial sector will pay customers $7.2bn for wrongdoing, regulator says

Australian Securities and Investments Commission issues guide for paying compensation and tells companies to pay up quickly

The Guardian - AU

Melissa Caddick's husband didn't ask why their Sydney home was raided by police in 2020

Anthony Koletti was shocked when ASIC and the AFP raided the home he shared with his wife Melissa Caddick in…

ABC News

ASIC lead investigator tells Melissa Caddick inquest she was not responsible for alleged fraudster's death

The corporate watchdog's lead investigator into Melissa Caddick's alleged Ponzi scheme tells an inquest she does not feel responsible for…

ABC News

Inquiries have found casinos facilitated money laundering and consorted with criminals — so why haven’t there been charges for executives or directors?

Australia's largest casino groups have been found "unsuitable" to hold licences due to allegations of money laundering and consorting with…

ABC News

Caddick evidence due from ASIC and husband

The inquest into missing woman Melissa Caddick is due to resume on Monday with the corporate watchdog's lead investigator's evidence…

AAP

Asic bolsters its cryptocurrency team and looks to regulate more digital assets

The regulator’s potential move to classify cryptocurrencies as financial products would make selling them much more difficult

The Guardian - AU

Read news from The Economist, FT, Bloomberg and more, in one place.

AMP fined $14.6 million in Federal Court over 'fee for no service' scandal

The Federal Court imposes a $14.6 million fine on embattled wealth manager AMP, which ripped off customers by charging them…

ABC News

'Not isolated': Dixon Advisory fined $7.2m for best interest breaches

Six representatives made 53 breaches during a 3.5-year period.

The Canberra Times

Director ban overturned for unfairness

A company director has had a 20-year ban overturned but will face a fresh court hearing after a judge ruled…

AAP

Calls for ASIC to investigate The Star Entertainment Group after report finds company 'not suitable' to run casino in NSW

NSW Independent Casino Commission chief Philip Crawford says the corporate regulator should "have a good hard look" at The Star…

ABC News

From analysis to the latest developments in health, read the most diverse news in one place.

Caddick inquest hears of 'evasive' husband

The inquest into fraudster Melissa Caddick's disappearance has been told her husband had been evasive, vague and giving conflicting stories…

AAP

Cops Investigating Melissa Caddick’s Death Planned To Throw Dead Pigs Wearing Shoes Into Ocean

My head is spinning.

Pedestrian.tv

Sydney news: NSW parliament to be adjourned following Queen Elizabeth II's death

MORNING BRIEFING: NSW Premier Dominic Perrottet is due to attend parliament briefly this morning to move a motion to adjourn…

ABC News

Experts cast doubt over Sydney fraudster Melissa Caddick's foot amputation theory, inquest hears

Expert witnesses say it would be "unlikely" and "extremely difficult" for alleged Sydney fraudster Melissa Caddick to amputate her own…

ABC News

Australians are losing billions in scams and there are calls for banks to pay them back

Sylvia Chou was looking forward to a comfortable retirement before she fell victim to an online investment scam, that she…

ABC News

Youpla funeral fund: compensation scheme to begin for Aboriginal victims of predatory insurer

Exclusive: People who took out insurance with collapsed insurer at 1 April 2020 to receive payout equal to original promised…

The Guardian - AU

From analysis to the latest developments in health, read the most diverse news in one place.

Katy Gallagher and Stuart Robert call for investigation into Greywolf Resources on Q+A, after Aussies lose millions

The Shadow Assistant Treasurer joins calls for ASIC to look into Greywolf Resources, after dozens of Australians lose their hard-earned…

ABC News

Alan Kohler: To reform financial advice, start again

The regulation of financial advice in Australia has been a disaster, swinging from not enough to too much of the…

The New Daily

Gas giant Santos accused of 'greenwashing' clean energy claims, in Federal Court case

One of Australia's largest oil and gas companies is being taken to court over claims of 'greenwashing' its clean energy…

ABC News

At the death, Morrison and Frydenberg planned to repeal finance advice reforms

Under the guise of ‘affordability’, the Morrison government was planning a new attack on consumer protections in the financial services…

Crikey

The Greywolf 'goldmine' that never paid off and the elusive man behind it all

Novice investors were convinced to place their hard-earned money in Greywolf, assured of life-changing riches. Instead, they became part of…

ABC News

ASIC needs to boost its tech investment: review

The Australian Securities and Investment Commission “requires a substantial uplift in its data and technology capability” alongside a “material cultural…

InnovationAus