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INSANE: 12 | Vintage Vibes

Consumer advocates warn of funeral insurance 'rort' that leaves customers paying more than it costs to bury them

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.

ABC News

Jail for promoter promising high returns to pensioners

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.

AAP

Court orders permanent injunction against 'ASX Wolf'

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

AAP

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'Wage-advance' apps aren't subject to responsible-lending obligations, but there are calls for government intervention

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.

ABC News

Crypto exchange Binance has Australian financial services licence cancelled by Asic

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

The Guardian - AU

ASIC sues Auto & General Insurance over ‘unfair’ home and contents terms

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 New Daily

ASIC sues insurer over 'unfair' home and contents terms

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

AAP

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Capitalising on climate anxiety: what you need to know about 'climate-washing'

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.

The Conversation

Why corporate regulators such as ASIC and the ACCC are taking greenwashing more seriously

Most 'eco-friendly' claims have little evidence to back them up. These experts want more done to clamp down on the dodgy ones and highlight the good ones.

ABC News

Share market operator probed for bungled system upgrade

Corporate watchdog ASIC is investigating Australian share market operator ASX for potential breaches after a botched overhaul of its transaction system.

AAP

Youpla victims asking ‘when they should die’ to be eligible for funeral relief, advocates say

Government urged to give ‘certainty’ to more than 13,000 Aboriginal policy holders of defunct fund

The Guardian - AU

'Unusual' position of ex-director on fraud charge

The former director of Reiwa-Capital surprised a magistrate with an "unusual" request that she did not grant.

AAP

Two men behind controversial New Norfolk housing project facing drug trafficking charges

Two men involved in a housing development north of Hobart are facing criminal charges in Canberra, with police allegedly finding drugs and firearms during a raid at one of the men's properties.

ABC News

‘A kick in the guts’: ACBF-Youpla victims still waiting for millions in compensation

Families still struggling a year after collapse of predatory funeral fund that targeted low-income Aboriginal people

The Guardian - AU

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ABC News

Buy now, pay later regulation essential to protect young Australians from debt, experts say

Some estimates say 60 per cent of buy now, pay later (BNPL) users are aged under 35, but academics say the service has too few compliance checks and protections for young people.

The Guardian - AU

ACCC to crack down on ‘greenwashing’ after survey reveals spike in misleading claims

Competition watchdog analysis of 247 businesses showed 57% had promoted concerning claims about environmental credentials

ABC News

ASIC sues TerraCom Limited and senior company figures after allegations it faked coal quality reports

In a national first, the corporate watchdog will take Queensland's Terracom, and four senior company figures at the time, to court for conduct it alleges harmed a whistleblower.

ABC News

Gardenfest at historic Entally House cancelled hours before it begins amid business deregistration

Entally House in Tasmania's north was to host its biannual Gardenfest last weekend, but it was abruptly cancelled on Friday afternoon due to what organisers said were "unforeseen circumstances".

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ABC News

Buy now, pay later? Not so fast, as the government looks to tighten regulation by year's end

Millions of Australians have buy now, pay later accounts, but the easy credit may soon be harder to come by as the government vows to crack down on the industry by the end of the year.

AAP

Regulator tells Star to put aside $150m for fines

The securities regulator says that at its request Star Entertainment Group has made a multimillion-dollar provision for more possible fines and penalties.

AAP

Super fund hauled before court over greenwashing claims

Australia's corporate watchdog has taken the unprecedented step of launching court action against Mercer Superannuation over alleged investment greenwashing.

The Guardian - AU

Australia’s corporate watchdog joins calls for stricter regulation of buy now, pay later products

Asic raises concerns about missed payment fees and people giving up essentials to afford repayments

AAP

Watchdog won't probe fraud allegations against Adani

Australia's corporate regulator will not launch a formal investigation into alleged misconduct by the Adani Group due to the age of the accusations.

ABC News

Kimberley families still in limbo almost a year after Youpla funeral insurance collapse

Indigenous Kimberley residents impacted by funeral insurance fund Youpla going into administration are continuing their fight for compensation.

Newcastle Herald

Bride takes Hunter Valley venue operator to court over canned wedding

A bride-to-be will have her day in court after she was told the venue operator at Hunter Valley's Calvin Estate had gone into liquidation just 10 weeks before her wedding.

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