24th May 2016
An Australian Senate inquiry into foreign bribery will look at money-laundering allegations against the family of Abdul Taib Mahmud, the current Governor and former Chief Minister of the Malaysian state of Sarawak. Read More
24th May 2016
The French company awarded the right to build Australia's $50 billion submarine fleet is embroiled in a multi-million dollar bribery scandal over a submarine contract in Malaysia. Read More
17th May 2016
Australia's market regulator has released more details of its claim against Westpac, outlining how it believes the bank tried to rig the country's bank bill swap rate. Read More
17th May 2016
Corporate Australia reports seeing more local economic crime than the rest of the world. Read More
13th May 2016
A former manager of Australian banknote company Securency walked free from court on Thursday, after being sentenced to 30 months’ jail for bribing an official at Nigeria’s mint. Peter Chapman, Securency’s former manager of African business, had paid the bribes while under “considerable pressure” from his superiors at Securency… Read More
13th May 2016
The review of the Anti-Money Laundering and Counter Terrorism Financing Act advocates making the Act simpler and more principles-based, and the AML/CTF Rules rationalised and more user-friendly. Read More
11th May 2016
A team of "very experienced bribers" paid hundreds of thousands of dollars to a senior public servant to secure lucrative tax-payer funded Sydney Harbour contracts. Read More
11th May 2016
The Australian Financial Markets Association (AFMA) plans to sever its three-decade relationship with the bank bill swap rate (BBSW) amid ongoing rigging allegations and an increasingly complex benchmark setting process. Read More
11th May 2016
The Australian Securities & ­Investments Commission is formally investigating dairy processing giant Murray Goulburn over its corporate disclosure practices after its shock downgrades to profits and its farmgate milk price led to the sudden ­resignation of chief executive Gary Helou. Read More
10th May 2016
Systemic criminal activity in the finance, insurance and real estate sectors has placed the livelihoods of consumers at risk, while authorities are aware but do nothing to stop it, a report from financial thinktank, LF Economics, says. Read More