News
Record AUD$26.5m penalty and AUD$56m repayment ordered against training college Empower Institute
The Federal Court of Australia has ordered AUD$26.5 million in penalties against Cornerstone Investments Aust Pty Ltd, trading as Empower Institute (in liquidation) (Empower), the highest total penalties ever imposed for breaches of the Australian Consumer Law (ACL).
The Court also ordered Empower to repay more than AUD$56 million to the Commonwealth for funding it had received to provide the courses
Empower ceased trading and in April 2017 entered into voluntary liquidation.