Powered by MOMENTUM MEDIA
investor daily logo

Regulation

regulation

23 February 2024 • By Maja Garaca Djurdjevic • 1 min read

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 ...

READ MORE
icon

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 ...

READ MORE
icon

‘No certainty banks aren’t engaging in fees for no service’, says ASIC

ASIC says it can never be certain that banks are no longer engaging in fees for no service. Appearing before the Senate estimates committee on ...

READ MORE
icon

Unemployment rises above 4% for first time in two years

The ABS has released its latest labour force data, finding Australia’s seasonally adjusted unemployment rate has increased. The unemployment rate ...

READ MORE
icon

FSC backs increased sophisticated investor threshold

The Financial Services Council (FSC) says the sophisticated investor test needs to be updated to protect consumers. Research undertaken by PwC and ...

READ MORE
icon

No changes to negative gearing or capital gains in the pipeline, says Treasurer

The Treasurer has provided assurance that there will be no alterations to either negative gearing or capital gains. Treasurer Jim Chalmers said ...

READ MORE
icon

Mayfair 101 resumes interest payments for lenders

Almost four years after ASIC first took action against Mayfair 101, the investment group has resumed payments to lenders. Having first drawn ...

READ MORE
icon

‘Challenge isn’t over’: Bullock holds steady on inflation outlook in Parliament

The RBA stands ready to reduce rates even before inflation reaches the 2.5 per cent mark, but a prerequisite for such a move is a clear assurance of a ...

READ MORE
icon

ASIC wins first crypto-related case in court

The Federal Court has made one of its first decisions on the application of the financial services law to crypto-backed products. The Federal Court ...

READ MORE
icon

Overly cautious RBA could hurt the economy, economists agree

There is a risk that the RBA’s inflation expectations are too conservative and could end up hurting the economy. Deutsche Bank said in its most ...

READ MORE