The Latest Breaking News from ASIC

Trina thought she was talking to her bank's fraud unit. Within minutes she had lost $114,000 to a scammer. As a new report from ASIC reveals the extent of such scams, victims are calling for banks to be more accountable.

After Sarah was robbed of her life's savings, she entered a lengthy dispute with her bank to get her money back. She says she was treated rudely and, after months of fighting, she only got a fraction back.

The big banks are under growing pressure to do more to prevent scams and repay victims after a report by the corporate regulator found they only compensate a tiny number of customers.

David is dying of cancer, but he has already paid more than the cost of his funeral in insurance. Consumer advocates say he is far from alone and they want the "rip-off" to stop.

An investment promoter on the Gold Coast has been jailed for a scheme involving cold-calling pensioners and other victims with promises of 20 per cent returns.

The Federal Court has issued a permanent injunction against a social media influencer who posted stock tips to paid subscribers.

When Sharmy Walker was hit with a huge vet bill, she turned to a new type of fast-money app to help cover it. Now, she says she's trapped in a "vicious cycle" of debt.

Regulator says Binance must cease trading by 21 April after it incorrectly classified hundreds of retail customers as wholesale investors

Auto & General Insurance has been hit with a landmark lawsuit over a contractual term alleged to have helped it refuse to pay consumer claims.

The financial watchdog claims the terms of Auto & General's home and contents insurance allowed the firm to unfairly refuse customer claims.

People are increasingly making choices about which products to buy and which service providers to use on climate change grounds. With concerns about climate change now affecting most Australians, businesses that promote climate-aligned practices and make emissions-reduction promises have a competitive advantage over those that don’t.