The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.
ANALYSIS: The RBA finds itself under fire on monetary policy as Government reforms of the bank stall in Parliament.
The move is the latest in a number of actions by regulators and Government against the grocery duopoly.
The amendments also include other professional services providers and extend coverage to around 90,000 entities.
Miller takes over from Peter King, who was intended to be an interim chief but lasted five years in the top job
Similar action has been initiated in the New Zealand High Court.
Fortescue was an early-stage investor in Christchurch-based Fabrum.
The bond trading scandal has also spread to New Zealand, with the FMA looking at claims of market manipulation.
The bank now says inflation won’t be at the mid-point of its target range until 2026.
The ASX abandoned the project last year and took a A$176m writedown.