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ASIC roundup: Fines for big fashion brands, director banned, plus more

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities and Investments Commission’s latest actions and news, May 29-June 8, 2026.

In a major enforcement action last week, infringement notices were issued to three companies operating major fashion and beauty retail businesses in Australia for allegedly failing to lodge their financial reports by the required date.

Each of the firms paid an infringement notice of A$198,000 ($139,500) respectively. All three have now