Veronica Macpherson

Veronica Macpherson was the managing director of MACRO Realty Developments , which promoted itself as a private developer in the Pilbara region. In May 2016 the Department of Consumer Protection ordered that the real estate arm of the company, Macro Realty, be wound up. In August 2016 ASIC obtained a Federal Court order for Macro Group to stop providing financial services or advice as an interim asset protection strategy. In June 2018 ASIC permanently banned Ms Macpherson from providing financial services. "ASIC found that in relation to Ms Macpherson’s involvement with the development and promotion of the Newman Estate Project in the Pilbara region of Western Australia that Ms Macpherson had engaged in misleading and deceptive conduct, that she was not of good fame or character, that she had engaged in dishonest conduct and that she was involved in a contravention of financial services laws. Ms Macpherson has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision."