The Latest Breaking News from ASIC

Incoming Indigenous affairs minster says predicament of families affected by collapse of predatory funeral fund is ‘totally unacceptable’

The Wiradjuri Condoblin Corporation says it will operate the farms for profit, but the real benefit is being able to offer young Indigenous people job and learning opportunities.

A Queensland fund manager who defrauded investors of $299,600 over 13 months from November 2012 has been jailed following a lengthy investigation by ASIC.

Melissa Caddick's mansion in Sydney's eastern suburbs will go under the hammer as liquidators attempt to recoup the $23 million she swindled out of investors through her Ponzi scheme.

Clive Palmer has had a tough run leading up to the 2022 election campaign. He faced COVID-19 without the protection of vaccination in March, tripped at his National Press Club speech and reported being knocked unconscious for about 20 seconds when he fell during a rehearsal for his United Australia…

As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default.

Property settlement scams are becoming more common, as house prices rise and scammers turn their focus to the large and often lightly protected sums of money earmarked for home deposits.

Westpac has been fined $113 million by the Federal Court for a series of compliance failures that included charging advice fees to thousands of dead customers.

Judge says bank ‘utterly failed to address the issues systematically’ as its total penalties for misconduct rise to $130m