ASIC victory over Westpac has 'major implications' for financial marketing

A Federal Court judgment against Westpac yesterday has significant implications for the ways in which firms market financial products to their customers, Adelaide financial law experts have told InDaily.

Liquidator admits "errors" in SA homebuilder wind-up

EXCLUSIVE | A senior liquidator facing a complaint to ASIC has acknowledged a series of “errors” in his handling of the liquidation of an SA construction company.

An Adelaide liquidator is the subject of a complaint to ASIC. Photo: AAP / Dean Lewins

Adelaide liquidator faces complaint to ASIC

EXCLUSIVE | An Adelaide liquidator, managing a collapsed SA construction company owing almost $4 million, is the subject of a complaint to federal regulator ASIC over allegations of “fundamental failings” in his handling of the liquidation.

Trail of devastation: SA business leaders question ASIC's role

South Australian business leaders have questioned why national regulator ASIC has allowed “serial offenders” to continue leading companies.

Banks to pay millions to boost ASIC

Banks will cough up $120 million to beef up the corporate regulator, with Treasurer Scott Morrison warning he would be “furious” if the costs were passed on to bank customers.

'Who did I give my money to?': Astra victim's fight for justice

Sharon Maslen vividly remembers the moment she became a shareholder – or tried to. Now she can’t wait to forget.