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ASIC seeks ‘very substantial’ $12M penalty against Mayfair
Aaron Weinstock 2021-09-29 3:09 pm By Cindy Cameronne

The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled investors about its financial products.

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High Court dismisses Clive Palmer’s challenge to WA’s COVID-19 border restrictions
Alison Hammond 2020-11-06 12:07 pm By Miklos Bolza

Billionaire Clive Palmer has lost his challenge to Western Australia’s COVID-19 border lockdown, with the High Court tossing the case after finding the state’s measures were constitutionally valid.

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ASIC narrowly loses High Court appeal in outback book-up case
Appeals 2019-06-12 8:53 pm By Miklos Bolza

The Australian Securities and Investments Commission has narrowly lost its High Court appeal of a ruling that found the owner of a South Australian outback general store had not acted unconscionably by selling used cars through a “book-up” system.

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