Get The App

Download the Josplay app for the best experience.

Download Now

Charts

Discover the latest hits and trending music.

Explore Charts

Podcasts

Stories, music and conversation from Africa and its diaspora.

Browse Podcasts

New Releases

Stay updated with the latest music releases.

See New Releases
← SBS News In Depth
INTERVIEW: ASIC tackles corporate misconduct, collects hundreds of millions of dollars in fines artwork

INTERVIEW: ASIC tackles corporate misconduct, collects hundreds of millions of dollars in fines

SBS News In Depth
03:59
Play episode

Show notes

The Australian Securities and Investments Commission says it has secured a record $830 million in civil penalties orders during the 2025-2026 Financial Year. It launched more than 250 investigations, which led to 25 criminal convictions and 11 individuals being sentenced to prison. Businesses subjected to major civil penalties include Union Standard International Group, HSBC Bank Australia, Westpac, Walker Stores and Mercer Super. SBS Reporter Stephanie Youssef has been speaking with ASIC Commissioner Alan Kirkland

More from this show

More
  1. US midterms: The battle that could derail Trump's presidency

    Donald Trump isn't on the ballot in the US midterm elections, but the stakes for his presidency are enormous. We look at the battlegrounds that could decide control of Congress and…

    07:51
  2. Is AI making us dumber? We asked smart people

    As people outsource an increasing number of cognitive tasks to AI models, high-profile studies are revealing a link to a decline in brain function. So what do we do about it? Conc…

    08:09
  3. Could One Nation sway migrant voters in Victoria?

    Polling ahead of this November's Victorian state election shows a surge in support for One Nation. But the data suggests that some of their rising support has come from a surprisin…

    09:27
  4. Why Black Friday bargains could be bigger this year

    Slowing retail sales could mean bigger Black Friday discounts this year, as shoppers face renewed interest rate pressures. Slowing retail sales and cost-of-living pressures could…

    11:20
  5. Diwali explained: The traditions behind the Festival of Lights

    Why are millions celebrating Diwali, and what's behind the lights, sweets and colourful traditions? Discover the meaning of the Festival of Lights and how it's celebrated across Au…

    07:51
  6. ‘In Israel, it’s always a surprise’: Can Netanyahu, the ultimate survivor, do it again?

    The votes are being counted in Israel, and Ben Lewis is in Tel Aviv to pull back the curtain on what could be the country’s most consequential election ever. The votes are being c…

    24:30
Now Playing

No Track Playing

INTERVIEW: ASIC tackles corporate misconduct, collects hundreds of millions of dollars in fines — SBS News In Depth | Podcast | Josplay Music