The number of businesses slapped with restrictions or disqualifications from the corporate watchdog has reached a five-year high. Fresh figures from the Australian Securities and Investments Commission revealed it removed 150 rogue operators following investigations in the past financial year. Data for 2025/2026 revealed the watchdog removed or restricted 87 individuals and businesses from providing financial services, while bans or restrictions were placed on a further 27 from providing credit services. It represents a 42 per cent increase from 2024/25 for the total number of enforcement actions taken by the watchdog. Data from the financial year showed 61 per cent of all actions for financial services and 89 per cent of credit outcomes led to a permanent banning order or the cancellation of a licence.