The corporate regulator has asked the Federal Court to appoint representatives of KPMG as liquidators of several subsidiaries of Pilbara-based property developer Macro Group.
National Australia Bank has returned nearly $35 million to 220,000 superannuation members who were charged for advice they did not get, while Bankwest refunded more than $4.9 million in mortgage interest payments after overcharging about 10,800 offset account customers for almost a decade.
There are vacant CEO positions at two ASX-listed healthcare businesses, with Peter Gregg resigning from his role at Primary Health Care and Gilman Wong sacked from Sirtex Medical following an investigation into his share trading with the business.
Padbury Mining has again attracted regulatory attention, with the company acknowledging it should have notified the ASX when it negotiated potential capital raisings worth $106 million with a Hong Kong-based investor last year.
Primary Health Care boss Peter Gregg will face charges of falsifying accounts during his time as an executive at construction firm Leighton Holdings (now CIMIC Group).
The 12-year old scandal over the Australian Wheat Board's payments to the government of Iraq has moved closer to final resolution, with its former chairman Trevor Flugge convicted today of breaching his duties as a director but cleared of more serious charges concerning his knowledge of the payments.
The Australian Securities and Investments Commission has permanently banned a former Perth-based finance broker after finding he had engaged in misleading conduct.
The Australian Securities and Investments Commission has launched civil proceedings against Perth-based State One Stockbroking, and in a separate matter has accepted undertakings from two liquidators employed by Melsom Robson.
The Australian Securities and Investments Commission has permanently banned a Perth man from providing financial services after finding he had redirected $254,000 worth of clients' funds into his own accounts.
Perth-based Cash Converters International has agreed to refund $10.8 million to customers and pay a $1.3 million fine after enforceable undertakings were accepted by the corporate watchdog.
Global miner Rio Tinto has suspended one top executive with immediate effect while another is stepping down over payments made in 2011 related to the Simandou iron ore project in West Africa.
Applecross-based PDC Group has entered into an agreement for the sale of its building information modelling management business to a US construction services firm for an undisclosed sum.
The big four banks and AMP are likely to refund at least $178 million to more than 200,000 customers who did not receive financial advice for which they were charged.
Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.
ASX boss Dominic Stevens has apologised for the "unacceptable" outage that stopped trading on the Australian stock market on Monday but defended its handling of the situation.
Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.
Car retailer Automotive Holdings Group is bracing for a potential earnings hit when the corporate regulator enacts reforms to finance and insurance commission arrangements next year.
The Commonwealth Bank of Australia has apologised to customers and paid $180,000 in fines after a programming error caused Australia's largest bank to incorrectly approve almost 11,000 overdraft applications.
The Australian Securities and Investments Commission has agreed to an enforceable undertaking with local financial planner Neo Financial Solutions, after surveillance of the business raised concerns about risk management and compliance frameworks.
Osborne Park-based builder Quattro Homes has been placed into administration, the fourth residential builder in Western Australia to collapse in the past three months.
The corporate regulator has blasted the insurance industry over expensive, poor-value add-on policies sold to car buyers, warning there are "serious problems" in the market that must be fixed immediately.
Westpac has refunded $20 million to about 820,000 customers after failing to clearly disclose which credit card transactions attract foreign transaction fees.
Pilbara-focused developer Veronica Macpherson has been blocked from leaving the country by the corporate regulator and her Macro Realty Developments business has been ordered to stop providing financial advice.
Motoring, travel, retirement and financial services group Royal Automobile Club of WA is understood to have sold part of its aged care homes services business to Sydney-based Quadrant Private Equity.
Investor chat forum HotCopper is aiming to list on the ASX in September after lodging a prospectus that reveals a big sell-down by existing shareholders and an expected loss in the current financial year, and makes no mention of outgoing managing director Greg D'Arcy.
Padbury Mining and two of its directors have entered into a settlement agreement with the corporate watchdog over misleading statements made last year, but they could still face penalties in the Federal Court later this week.
Optus will refund $2.4 million to around 175,000 of its mobile phone insurance customers for failing to properly advise them about the product they'd bought.
High-society white collar criminal Oliver Peter Curtis will spend a year in jail for insider trading that netted him more than $1.4 million when he was 21 years old.
Echo Resources says it will cost just $2.9 million to bring its Julius gold project into production, while Empire Resources expects to begin mining at its Penny's Find gold project in the coming three months.
Social media platform and app developer Thred has enjoyed a steady first day on the ASX, while two other Perth-based companies have made progress on their respective reverse takeovers.
IMX Resources spin-off Graphex Mining has enjoyed a strong ASX debut, with its shares trading 80 per cent higher than its initial public offer raising price.
SPECIAL REPORT: WA's economic slowdown hasn't led to the dramatic rise in insolvencies many had expected, according to leading industry representatives.
Perth entrepreneurs Tony Sage and Ranko Matic have both hit roadblocks on their path to turn their respective businesses into online gambling companies through reverse takeovers.
A timely dose of regulatory assistance is benefiting Australian financial technology startups, according to CrowdfundUP founder and managing director Jack Quigley.
Pacific Ore has become the latest backdoor listing hopeful to be held up by the corporate watchdog, though several other companies have moved forward with their reverse takeovers.
The corporate watchdog has permanently banned former Perth-based financial planner Simson Kwok from the industry for intentionally mishandling more than $4 million of clients' funds while working for HSBC.
