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Short List of Penalties 27 September -1 October

Friday 1 October 2021

Pure Strategy has lost its financial licence for failing to comply with general obligations.  Former financial adviser Frederick Steven Ackerman has been banned from for four years because they failed to act in the best interest in the clients between 2019 and 2021. 

The Dairy Farmers Milk Co-operative has paid $11 100 for failing to comply with the obligations under the Dairy Code.

The Australian Competition and Consumer Commission (ACCC) said, “The ACCC alleges that DFMC did not publish any of its standard form milk supply agreements for the 2021-22 dairy season on its website by the publication deadline.”