<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Australian </span><a href="https://www.9news.com.au/shoppers" rel="" target="_blank" title="cosmetics giant"><span>cosmetics giant</span></a><span> Mecca has been handed an almost $600,000 fine for allegedly failing to lodge audited financial reports.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mecca's associated companies, Mecca Brands Pty Ltd, Mecca Brands NZ Pty Ltd, and parent company RTH Pty Ltd, have each paid $198,000 in infringement notices after being accused of late lodgements by the corporate watchdog.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Australian Securities and Investments Commission (ASIC) alleges Mecca did not lodge audited financial reports for the year ended 28 December 2024, which were due on April 25, 2025.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>LIVE UPDATES:</span></strong><span> </span><a href="https://www.9news.com.au/world/us-israel-iran-war-live-updates-march-31-donald-trump-latest-world-news-headlines/dff4c600-1131-4ea1-9c36-c24ba0df6fcb" target="_blank"><strong><span>Trump threatens to wipe out critical island, UN calls emergency meeting</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Three large proprietary companies associated with the Mecca group have paid $594,000 in infringement notices after allegedly failing to lodge audited financial reports on time," the regulator said in a statement.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"ASIC began inquiries with Mecca in July 2025, and the companies lodged their financial statements shortly after being contacted by ASIC."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>ASIC noted that payment of an infringement notice is " ot an admission of guilt or liability, and the companies are not regarded as having been convicted of the alleged offence".</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/makeup-giant-mecca-fined-almost-600000-failing-to-lodge-audited-financial-reports/e660ded3-ee73-46e7-aed9-6c69af6e4b25" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/jackie-o-files-lawsuit-against-arn-media/9defc00f-9e9c-4734-b7e6-387fecf4485c" target="_blank"><strong><span>Jackie 'O' files $82 million lawsuit after radio contract torn up</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>FUEL CRISIS:</span></strong><span> </span><a href="https://www.9news.com.au/national/fuel-shortage-australia-when-will-petrol-prices-go-down-explained/79bd42b8-cb81-4def-abf3-d4f6fec80680" target="_blank"><strong><span>When will Australia's petrol prices go down after fuel excise halved?</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Large proprietary companies like Mecca are legally obliged to lodge financial reports to ensure creditors and other stakeholders can remain informed about business operations.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A total of 12 large proprietary companies received fines for allegedly failing to lodge their FY24 audited financial reports on time, ASIC said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"ASIC reminds the directors of large proprietary companies and other entities with financial reporting obligations that they need to proactively review their reporting obligations and ensure financial reports are lodged in a timely manner," ASIC Commissioner Kate O'Rourke said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"We also remind auditors of these entities to notify ASIC if they are aware or suspect that a company is not complying with its lodgement obligations."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mecca was founded in Melbourne in 1997 by Jo Horgan.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Its parent company RTCH is run by Horgan and her husband Peter Wetenhall.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mecca has 110 locations around Australia and New Zealand and opened its flagship store on Melbourne's Bourke Street last year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.nine.com.au/?rf=true" rel="" target="" title="Nine.com.au"><span>Nine.com.au</span></a><span> has contacted Mecca for comment.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><strong><span>NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.</span></strong></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><em><strong><span>Download the 9NEWS App here via</span></strong></em><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="" title=""><em><strong><span>Apple</span></strong></em></a><span> </span><em><strong><span>and</span></strong></em><span> </span><a 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