CANBERRA, Oct. 21 (Xinhua) -- Twenty-one companies within Australia's Visy/Pratt group have paid more than 4.1 million Australian dollars (2.9 million U.S. dollars) in infringement notices for allegedly failing to lodge their financial reports on time, the country's corporate regulator said.
The Australian Securities and Investments Commission (ASIC) said on Wednesday that the companies paid a combined 4.158 million Australian dollars, with each paying 198,000 Australian dollars for allegedly failing to submit financial reports for the year ended June 30, 2025, by the Oct. 31 deadline.
The companies include Visy Industries Australia, Visy Packaging and Pratt Consolidated Holdings.
ASIC Commissioner Kate O'Rourke said the action sent a clear message that the regulator was actively enforcing financial reporting requirements. ■
