Regulatory Alerts2025-11-19
Infrabuild companies pay infringement notices for failing to lodge financial reports on time
The Australian Securities and Investments Commission (ASIC) has issued infringement notices requiring Liberty Infrabuild Limited and Liberty Holdings Australia Pty Ltd to each pay $187,800 for failing to lodge audited financial reports within the statutory timeframe. Both companies eventually submitted their delayed reports with modified audit opinions, prompting ASIC to highlight that financial reporting misconduct and late lodgements will be a primary enforcement priority in 2026. While the infringement notices resolve the strict liability contraventions under the Corporations Act without constituting an admission of guilt, the regulator emphasized that timely and transparent financial disclosures remain critical for market confidence.
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