ASIC moves against property funds

ASIC said investors in the Private Property Trust 20 could not withdraw money for seven years. ASIC said the order stops the funds from issuing an interest in the investment vehicles, giving a …

Austal settles with ASIC

“Austal has cooperated with ASIC’s investigation and reached agreement with ASIC on how its investigation should be resolved. “We consider that this settlement is in the best interests of Austal as we …