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 2025

Respondent

Pearl Corporation of Australia 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 paid — Pearl Corporation of Australia Pty Ltd, for allegedly failing to lodge its FY24 audited financial report on time (2025-12-11). ASIC states each of the 12 notices in this release was at least $187,800; the exact amount for this company is on ASIC's Infringement Notices Register. 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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