| Good morning, Thousands of Cbus members could be forced to contribute their life savings to pay millions of dollars in penalties for the industry fund’s alleged mishandling of money owed to grieving families and disabled people, it has emerged, as ASIC launches a deep dive into the sector. Meanwhile, Endeavour Group's biggest shareholder, billionaire Bruce Mathieson, has lashed out at the board and management of the embattled pubs and bottle shops giant, describing its performance as a “disaster” and that its leaders were moving too slowly to arrest declining sales. And Australia’s complex web of regulations unnecessarily hinder consumers in their quest for justice and saddle businesses with compliance costs, says ASIC chair Joe Longo, who has launched a new simplification task force. | 