ASIC issues over $2.2 million in infringement notices to 12 large proprietary companies for alleged failure to lodge financial reports

25-298MR

infringement11 Dec 2025Penalty $198K

Respondent

MJ Bale Group Pty Ltd

Facts

ASIC has issued infringement notices to 12 large proprietary companies for allegedly failing to lodge their FY24 audited financial reports on time.

Outcome

ASIC infringement notice of $198,000 paid — MJ Bale Group Pty Ltd, for allegedly failing to lodge its FY24 audited financial report on time (2025-12-11). Payment is not an admission. See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-298mr-asic-issues-over-22-million-in-infringement-notices-to-12-large-proprietary-companies-for-alleged-failure-to-lodge-financial-reports

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