It is a big win for regulators, and a judgment against Woolworths on similar charges is expected later this year.
Inflation is falling, but is it falling fast enough?
The gym franchise, popular in NZ, has lost more than 99% of its value since listing on the NYSE.
The ASX-listed company last year sourced 25% of its revenue, or A$36.7m, from New Zealand.
The scandal saw PwC sell its Government business for only A$1
The central bank may not get back to a positive equity position until 2030.
The ACCC rejected the deal in August, saying it would create an 'oligopoly'.
The company will continue to trade as the search for a buyer begins.
The move is unlikely to be popular with Whitehaven stakeholder, Bell Rock, which wants a shareholder vote on the deal
At Michelle Bullock’s first meeting as RBA Governor in October, the board remained concerned about persistent inflation.