ASIC reveals hundreds of complaints about alleged audit misconduct by big four accounting firms
The corporate regulator has been told by the big four accounting firms — KPMG, PwC, EY and Deloitte…
No penalties for Chris Ellison, Mineral Resources as ASIC ends alleged tax evasion probe
Western Australian mining billionaire Chris Ellison and his flagship company will face “no action” from the federal corporate…
ASIC warns home owners being left short after accepting cash settlements on insurance claims
Australia’s corporate watchdog is sounding the alarm over insurers’ use of cash settlements, concerned they could unfairly short-change…
Warning: Deepfake celebrity scams costing Aussies billions
The number of Aussies being lured into scams by hard-to-spot AI-created videos is increasing at an alarming rate,…
‘Unthinkable’: Aussie loses $150k in First Guardian super collapse
A Sydney man who lost $150,000 in retirement savings says regulators and the government failed to protect thousands…
AI deepfake scams ‘an emergency in the making’ as ASIC reports rise in false investment endorsements
Scammers are using impersonations of celebrities, politicians and trusted public figures to promote fake investment schemes, with the…
Online trading platforms offer cash vouchers for ‘high-risk’ investments, watchdog ASIC says
Retail investors are allegedly being offered cash vouchers and airline reward points as encouragement to use online platforms…
Car insurance companies on notice after premiums rose faster than inflation last year
Car insurance companies are under pressure to explain what is driving sharp and sustained increases in premiums after…
Prosecutors gather volumes of evidence against Gold Coast developer David McWilliams
Commonwealth prosecutors have gathered more than 90 witness statements and thousands of exhibits of evidence in their case…
How to check that your mortgage offset account is working
Many Australians may have been unknowingly paying more interest on their home loans than necessary. That’s because banks…
‘Hidden’ harm as ASIC finds mortgage borrowers miss out on millions in offset savings
Millions of Australians use mortgage offset accounts to reduce interest costs on their home loans, but the corporate…
ASIC addresses brokers on mortgage fraud: ‘With power comes responsibility’
The commissioner also addressed the growing use of artificial intelligence in broking during the Q&A with MFAA chief…