Michael Adams

(He/Him)
ASIC Chairman Greg Medcraft and Commissioner Cathie Armour during a Senate Estimates hearing at Parliament House. Medcraft told the hearing ASIC must be a ‘model litigant’. Mick Tsikas/AAP

ASIC v ANZ rate‑rigging case will be one of epic proportions

ASIC has a high success rate, but its high-profile civil action against ANZ Bank will be a tough battle to win.
Cross-bench Senator Nick Xenophon wants the law to change to protect gift card holders when companies collapse. Gemma Najem/AAP

Xenophon is right to call for law reform on gift cards

It’s not good to make law changes as a knee-jerk reaction, but in the case of insolvency and gift cards, it’s time.
Even before an investigation by the AFP and ASIC, companies and their directors could see serious damage done to their reputation. AAP/Tracey Nearmy

Bribery, corruption and a reputation in pieces

Australia’s business community awoke last week to the shocking headlines in Fairfax newspapers that Leighton Holdings and its subsidiaries stand accused of bribery and corruption in the acquisition of…
Anti-coal activists have targeted Whitehaven before over its development in Maules Creek; but Jonathan Moylan’s recent actions could be interpreted as fraud, not simply civil disobedience.

Public nuisance ‑ or fraud? Whitehaven hoax puts market creditability at risk

It has has been suggested a hoax by anti-coal activist Jonathan Moylan wiping million of dollars from Whitehaven Coal’s share price was an act of “civil disobedience”, akin to chaining a person to a tree…

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