The Latest Breaking News from ASIC

State and federal authorities raised concerns periodically, but fund continued to target vulnerable people until its final collapse in March

For decades, First Nations people made contributions to the Aboriginal Funeral Benefit Fund. Now it's collapsed, thousands are asking: How was it allowed to trade for so long?

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.

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

If a farmer needs to buy cattle or grain, should they be approved for huge loans within 48 hours? The buy now, pay later industry moves in on farmers who could take advantage of six to 12-month loans.