Articles with tag asic


Former Kleenmaid director jailed for nine years

Will spend the next nine years locked up after guilty verdict.

Posted Wed 17/08/2016 12:00:00 / Read More »

Optus to refund $2m to mobile phone insurance customers

ASIC lays down the law.

Posted Tue 12/07/2016 12:00:00 / Read More »

Westpac car financier fined $493k for breaking repossession laws

ASIC penalises Capital Finance.

Posted Tue 05/04/2016 12:00:00 / Read More »

Eleven more Aussie retailers at high risk of collapsing

Dick Smith and Laura Ashley demise is tip of the iceberg.

Posted Fri 11/03/2016 12:00:00 / Read More »

Perth man charged with insider trading appears in court

Ten years in prison or $550k fine possible for insider trading.

Posted Thu 04/02/2016 12:00:00 / Read More »

How small business can take on unfair contracts

ASIC's guide to not being taken for a ride.

Posted Wed 03/02/2016 12:00:00 / Read More »

ASIC bans former NAB bank adviser for seven years

Thirteen financial advisers banned.

Posted Wed 03/02/2016 12:00:00 / Read More »

Tigerair, Priceline and ACE warned about misleading promotions

ASIC slams travel insurance policies.

Posted Thu 28/01/2016 12:00:00 / Read More »

Sydney chef convicted of dishonestly using her position as director

Chef tries to grab liquidation money.

Posted Sun 22/11/2015 12:00:00 / Read More »

Consumer leasing company to pay $1.25 million in penalties

Make It Mine fined for breaching consumer credit laws.

Posted Thu 19/11/2015 12:00:00 / Read More »

ANZ owes customers $13 million: ASIC

ANZ bank must pay back millions, says Commission.

Posted Thu 12/11/2015 12:00:00 / Read More »

ASIC winds up 10 companies who owe staff $429,000

Liquidators appointed to abandoned companies.

Posted Fri 23/10/2015 12:00:00 / Read More »

Round Up: Noni B increases margin, like-for-like sales down and stores closing

Noni B recorded an after tax profit of $1.9 million, a decline of 2.8 per cent, for the six months to 31 December 2013. Also down is consumer sentiment and satisfaction, while sales are up for ALDI and The Iconic and the ASIC is getting angrier.

Posted Wed 12/02/2014 12:00:00 / Read More »

ASIC bans Mobile Rentals for targeting "vulnerable" consumers

For the second time in weeks, the Australian Securities and Investment Commissions has taken action against and slammed the franchisees of Mobile Rentals for breaching consumer credit laws.

Posted Fri 06/09/2013 12:00:00 / Read More »

Woolies changes 'misleading' car insurance ads

Woolworths has agreed to make changes to its potentially misleading advertising campaign for its car insurance products, following concerns raised by the Australian Securities and Investments Commission.

Posted Wed 17/07/2013 12:00:00 / Read More »

New ePayment code takes effect

More changes to the electronic payment market have been introduced.

Posted Thu 21/03/2013 12:00:00 / Read More »

ASIC to examine proposed takeover offer for David Jones

The Australian and Securities Investment Commission today announced it will examine the proposed takeover offer for David Jones.

Posted Tue 03/07/2012 12:00:00 / Read More »

ASIC wants full disclosure

The corporate watchdog has proposed to improve disclosure for retail investors considering investing in unlisted property schemes.

Posted Wed 13/07/2011 12:00:00 / Read More »

More details, fewer images: ASIC

ASIC is proposing an overhaul of prospectuses that will make it easier for retail investors to use and would improve the quality of information on the proposed business model and the associated risks.

Posted Wed 13/04/2011 12:00:00 / Read More »

Costco take on local supermarkets

US-based retailer Costco has poured another A$25m (US$23.1m) into their Australian operations

Posted Fri 30/10/2009 12:00:00 / Read More »

Myer to be worth $2.7 billion after ASX listing

Myer Holdings has lodged its prospectus for the initial public offer of its shares with the Australian Securities and Investments Commission ahead of Myer's planned listing on the Australian Securities Exchange.

Posted Tue 29/09/2009 12:00:00 / Read More »

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