Insolvent business run by former AFL star wipes its debt of millions, and the taxpayer is left to foot the bill
A former AFL star has been able to wipe millions of dollars in company debt and reopen the…
Netwealth strikes ASIC deal to compensate First Guardian investors
Financial services company Netwealth has agreed to pay more than $100 million to more than 1,000 clients who…
Perth builder Nicheliving directors’ homes raided by AFP, ASIC
Homes have been raided and property seized as part of an ongoing investigation into embattled Perth builder Nicheliving.…
More players involved in Shield, First Guardian collapses face ASIC legal action
Australia’s corporate watchdog is suing Interprac — the licensee that oversaw financial planners — over alleged failures that…
Spy chief warns of China espionage threat to business, critical infrastructure
Australia’s top intelligence chief has accused Chinese state-backed hackers of attempting to infiltrate the nation’s critical infrastructure and…
Jail for Sydney financial fraudster who scammed families out of $20 million
A self-proclaimed property developer who scammed Western Sydney families out of more than $20 million has been sentenced…
WiseTech offices searched by AFP and ASIC over share trading allegations
The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have raided a WiseTech office…
NSW chef Stephen Flelli vanished, leaving his debt-riddled companies behind. It wasn’t the first time
When Nararayan Silwal was bedbound recovering from gastric cancer last year, he felt restless and wanted to make…
Superannuation funds called out over ‘gap’ facing millions of Aussies as ‘retirement wave’ hits
ASIC commissioner Simone Constant said only one-third of Aussies on the cusp of retirement were confident they would…
Corporate watchdog slams superannuation funds on ‘customer service’, communications with retirees
Tracy has been waiting almost six months for her superannuation request to be processed by one of Australia’s…
As Australia’s retirement savings grow into world’s second biggest, government to review consumer protections
Australia’s $4.3 trillion superannuation sector is on track to become the world’s second-largest retirement savings pool by 2031.…
GIM Trading used virtual office space to create veneer of legitimacy as it allegedly defrauded millions
In the heart of Melbourne’s business district, office blocks rise into the gloomy sky. The buildings are full…