Magnis loses Peter Tsegas but refuses to quit Tanzania dream
The ASX-listed miner and energy player owes more than $14m to lenders, has $23,000 in the bank, and is now planning to dig deep for a graphite mine in the middle of Tanzania.
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‘Don’t fix what ain’t broken’, FinServ lobby tells ASIC over private markets
The FSC has revealed its 101-page submission to ASIC’s review of private markets. As part of its review, ASIC must examine what is driving investors away from public markets, towards private options.
‘Do your job’: ASIC reads super trustees the riot act over service failures
The corporate regulator told the boards of superannuation funds their mistreatment of members is eroding trust in the system. ‘We’ll continue to do our job of driving trustees to do theirs,’ Commissioner Simone Constant said.
Magnis digs deep amid financial and mining troubles
As ASIC prepares for its court battle with Magnis next year over disclosure breaches, the troubled battery firm reveals mounting losses and threats to its Tanzanian graphite asset.
ASIC takes aim at ‘dodgy’ offshore stock-tips boiler room Kalkine
Stock tips site Kalkine has run afoul of ASIC, which imposed new licence conditions on the firm over concerns its India-based staff illegally coached customers in Australia to buy and sell stocks.
ABC staff lash out at Ita’s luxe travel
Union members at the ABC say the broadcaster has been scandalised by the conduct of three of its former chairs.
Driving taxpayers crazy: Ita’s penchant for luxury car hire laid bare
Documents released under FOI show the former ABC chair used the broadcaster’s cash to pay for luxury trips to and from her home, and some of Sydney’s most exclusive clubs and restaurants.
Insurers on alert for flood catastrophe
The insurance sector is preparing for floods hammering the NSW Hunter Region and the state’s Mid-North Coast to worsen, with warnings of a further 200-300mm of rain set to smash the coast.
Resimac ignored family violence victim’s plea for loan relief: ASIC
Resimac ignored customers seeking home loan relief, including chasing a suicidal customer for $540 and a DV victim whose husband cleared shared bank accounts, a court case against the non-bank lender alleges.
NAB’s ‘Mr Five Days a Week’ dials up return-to-office push, FSU ire
NAB chief Andrew Irvine is the subject of an open letter from the Finance Sector Union which claims his return-to-office plan sends a message: you’re not trusted unless you’re visible.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/3