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.
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.
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.
More changes to the electronic payment market have been introduced.
The Australian and Securities Investment Commission today announced it will examine the proposed takeover offer for David Jones.
The corporate watchdog has proposed to improve disclosure for retail investors considering investing in unlisted property schemes.
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.
US-based retailer Costco has poured another A$25m (US$23.1m) into their Australian operations
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.