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EXPLAINED: 11 - The Real Truth

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

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'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

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.

ABC News

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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

The Guardian - AU

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".

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.

ABC News

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.

AAP

Crackdown: Pawnbrokers and payday lenders target cyclone victims

Commerce Commission files court action to regulate pawn loans, but too late for vulnerable communities of Hawkes Bay and Tairāwhiti. Jonathan Milne reports.

Newsroom.co.nz

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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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AAP

Government moves to tighten rules for crypto

Crypto-curious Aussies will have stronger safeguards after the federal government announced measures it says will protect consumers.

The New Daily

A sunny place for shady people: Were FTX billions on an Australian odyssey?

Could the trail to more than $10 billion missing from Sam Bankman-Fried’s collapse FTX crypto exchange lead through Australia?

The Guardian - AU

Australian regulator had FTX under surveillance at time of collapse, documents reveal

Exclusive: Asic had concerns about crypto platform six months before spectacular failure

Newcastle Herald

Newcastle Hill residents pushing hard against Keith Stronach's Mosbri Crescent plans

Stronach reveals billionaire partner in NBN Mosbri Crescent development

ABC News

Customers claim they were lured into foreign exchange trading and lost hundreds of thousands of dollars

Former customers of an Australian company claim they were lured into the high-risk world of foreign exchange trading under false pretences and subjected to high-pressure sales tactics which contributed to them losing huge sums.

ABC News

Australia already has a national gun database – so why has a police shooting prompted calls for a new one?

A police shooting in rural Queensland has renewed a push for a national gun register to better track firearms across state and territory borders.

Pedestrian.tv

A ‘Finfluencer’ Who Offered Paid Subscriptions Seminars Got Done For Breaching Finance Laws

Tyson Scholz AKA "ASX Wolf" was found to be running a financial services business without a license.

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