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Alex Turner-Cohen

Big bank hit with record $27m fine

A subsidiary of Australia’s largest bank and another firm have been court-ordered to pay $27 million for overcharging customers.On Wednesday, the Federal Court ruled that Commonwealth Securities Limited, better known as CommSec, had to pay…

Another building company bites the dust

A Queensland builder with offices across Australia and overseas has become the latest casualty in the struggling construction sector after it collapsed earlier this week.On Monday, Brisbane-based builder Lanskey Constructions QLD Pty Ltd…

‘Changed dramatically’: Grim warning

The federal government’s mini budget, to be announced on Tuesday, will be very different to the cash splash Australians enjoyed in March. International and domestic pressures mean that the next budget slated for October 25 will be a sombre…

Renter’s ugly $580k dispute with landlord

An Australian renter is distraught over receiving legal letters from her landlord after being embroiled in a year-long battle trying to buy the property she currently resides in. Last year, news.com.au reported on a Queensland woman who…

Husband keeps $80k secret from wife

A group of sophisticated scammers has ruined the lives of two more Australians after stealing $150,000 and $80,000 from their latest two victims. Including those most recent losses, the fraudsters have stolen at least $2.73 million that…

Awkward leaked email from rental agency

An Australian rental agency has defended a leaked email outlining how to increase rent by more than 20 per cent amid the state’s housing crisis. Ray White’s branch in the Brisbane suburb of West End sent an email to landlords encouraging to…

Jobless Sydney dad owns 13 properties

An ordinary Australian family have accrued 13 properties to their names spanning across three different states.Mahesh Kumar and his wife Uma, 41, have amassed more than a dozen houses in their portfolio, the majority of those over the last…

‘Poor job’: Embarrassing problem slammed

Australia’s financial regulator investigates less than 1 per cent of tip-offs it receives about suspected corporate misconduct.That’s according to a scathing report compiled by economist John Adams of Adams Economics, released on Thursday…

77yo ‘messiah’ arrested over alleged rape

A 77-year-old religious fringe leader accused of sexually assaulting multiple women including an Australian has been arrested and charged with rape and molestation overnight. Late on Tuesday, local media reported that Jeong Myeong-seok, the…

Aussie mates quit jobs, land massive deal

An Australian soft drink company has been bought out by Japanese alcohol giant Asahi Beverages Group. On Tuesday morning, Asahi announced it had acquired StrangeLove, a little known soft drink creator based in the northern NSW town of Byron…