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Regulation

regulation

11 March 2024 • By Rhea Nath • 1 min read

Government introduces ‘regulatory roadmap’ for financial services sector

The new financial sector regulatory initiatives grid will impact a number of entities including banking and superannuation. The Albanese government ...

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The alternative investment dilemma in ODD

The shift in favour of “non-traditional” investments is making way for a new challenge in the realm of operational due diligence (ODD), a risk ...

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ASX cops $1m penalty in first infringement notice

The market operator has been hit with an infringement notice for order information transparency failure. ASX Limited has paid a penalty of ...

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Anxiety grows amid weakest annual GDP growth in 23 years

While some described the latest GDP data as expected, others said it is an indicator of a struggling economy, possibly signalling a “per capita ...

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Labor’s tax cuts pass Parliament with relief to kick in from 1 July

Labor’s cost-of-living tax cuts passed the Senate this week. Labor’s tax cuts have now been embedded in law following their passage through the ...

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ASIC takes action against former Blockchain Global director

ASIC has secured interim travel restraint orders against former Blockchain Global director Allan Guo. Allan Guo was referred to the Australian ...

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Cooling inflation gives merit to rate cut discussions

The ABS has released its monthly consumer price index indicator. Inflation rose 3.4 per cent in the 12 months to January 2024, according to the ...

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Financial services among worst gender gap offenders, WGEA reveals

New data has revealed that when it comes to gender pay gaps, financial and insurance services stand out among the worst offenders. Financial and ...

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Bragg calls for close scrutiny of ‘structurally flawed’ Twin Peaks model

Senator Andrew Bragg is demanding a comprehensive review of the regulatory framework through a new Financial System Inquiry (FSI). Speaking at an ...

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Despite rate cut forecasts, RBA admits it debated a hike in February

At its last meeting, the board deliberated between a further quarter of a point increase and a hold. The Reserve Bank of Australia (RBA) considered ...

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