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‘Australia’s largest energy class action’ filed against Queensland power companies accused of driving up prices illegally – 21 January 2021
47,000 Queenslanders have signed up to the Piper Alderman class action. The law firm alleges two of the state’s biggest power companies artificially created a lack of supply to drive up electricity prices.
ASIC chairman James Shipton to stand down – 29 January 2021
The chair of Australia’s corporate regulator has been cleared of misconduct after an expenses investigation, but will still resign. James Shipton went on paid leave after standing down when it was revealed taxpayers paid for his personal tax advice.
https://www.canberratimes.com.au/story/7105287/asic-chairman-james-shipton-to-stand-down/?cs=14264
Police believe Melissa Caddick still alive as investigation into her disappearance continues – 19 January 2021
Investigators believe Sydney woman Melissa Caddick is still alive, more than two months after she vanished from her eastern suburbs home without a trace. ASIC is currently running an investigation into potential Superannuation fraud.
Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures – 18 January 2021
A cryptocurrency trader in Australia is seeking $250,000 AUD in compensation from two banks claiming he was the victim of unlawful discrimination when his accounts were closed with little warning. Westpac reportedly told Flynn his account was closed because it was “under investigation for cryptocurrency fraud”.
https://finance.yahoo.com/news/australian-bitcoin-trader-takes-banks-120513940.html