ASIC has disqualified former Queensland Senator Claire Moore from managing corporations until 17 December 2029 following her oversight of failed gold companies.
Moore served as director of Warwick Gold Holdings Pty Ltd and Impact Gold Ltd, both of which went into liquidation in 2024, leaving significant financial shortfalls. The companies raised $44 million from about 400 shareholders for mining projects in QLD and Papua New Guinea.
ASIC found Moore neglected her duties by failing to actively manage the companies, monitor operational and financial risks, or guide the companies’ direction effectively. She also did not ensure Impact Gold maintained adequate financial records or cooperate fully with liquidators.
Directors in Australia are legally required to act with care and diligence, act in the best interests of the company, ensure compliance with the Corporations Act 2001, maintain accurate financial records, and monitor a company’s solvency. ASIC also expects directors to actively oversee operations and financial management, taking a hands-on role in guiding the company and addressing risks.
The regulator concluded her conduct fell “well below the standard expected of Australian directors.”
Moore may request a review of ASIC’s ruling through the Administrative Review Tribunal.
Last updated: 05th Feb 2026
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Ro Elvinia is ABN Australia's Customer Success and Marketing Manager. She holds a bachelor’s degree in mass communication, majoring in journalism, and also has an academic background in civil engineering. With over a decade of experience in professional writing and a background spanning journalism, Australian immigration, and business services, Ro brings a unique mix of communication and analytical expertise. She works closely with international clients and contributes to ABN Australia's content strategy, helping global businesses stay informed and confident as they navigate the Australian market.
Ro Elvinia
Customer Success and Marketing Manager