What to know as ASIC takes Budget Direct owner to court
Australia's financial regulator is suing Auto and General, the underwriter of Budget Direct, over allegations of misleading advertising that resulted in financial losses for thousands of customers.
Tens of thousands of Budget Direct customers overcharged, ASIC alleges
ASIC is pursuing legal action against Budget Direct for allegedly overcharging approximately 39,000 customers who lost online discounts due to policy amendments.
Secret bank account allegedly funded US holiday amid fraud investigation
A Gold Coast couple is under scrutiny for allegedly breaching asset freezing orders amid a fraud investigation linked to disability housing funds.
ASIC announces review into 'lead generators' pushing super switching
The Australian SEC is reviewing lead generation services that promote switching superannuation funds to less regulated options.
Treasurer moves to restrict public access to company directors' home addresses
Treasurer Jim Chalmers has requested ASIC to limit public access to the residential addresses of company directors, responding to years of industry lobbying for enhanced privacy.
Sarah Court to be first female head of ASIC, Chalmers announces
Treasurer Jim Chalmers has announced that Sarah Court will become the first female head of the Australian Securities and Investments Commission, commencing her five-year term on July 1.