The corporate regulator is taking legal action over allegations Budget Direct customers lost online discounts they were ...
The low-cost insurer and its owner left policyholders more than $3 million out of pocket by removing special offers when they made simple changes.
Tens of thousands of Budget Direct customers lost online insurance discounts they were promised and were overcharged for premiums as part of ...
The corporate regulator claims millions saw ads promising up to 30% online discounts but tens of thousands later lost those savings after routine policy changes ...
The Australian Securities and Investments Commission has provided a round‑up of recent regulatory developments and issues ...
Relief expires 1 April 2026. The current exemption under ASIC Corporations (Employee redundancy funds relief) Instrument 2015/1150 will not be remade. From that date, operators must comply with ...
Tens of thousands of Budget Direct customers lost online discounts they were promised and were overcharged for premiums as part of misconduct that went on for years, the corporate regulator claims in ...
The Australian Securities and Investments Commission (ASIC) imposed record monetary sanctions — including $350 million in penalties and $583 million in restitution — in the second half of 2025.