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Regulation

regulation

07 June 2023 • By Maja Garaca Djurdjevic • 1 min read

Mr Treasurer, ‘bombshell’ wage increase is the culprit for RBA rate hike

Op-Ed Economists don’t agree with Chalmers that the RBA’s shock decision on Tuesday had nothing to do with the minimum wage increase

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Binance charged for ‘deceptive’ trading activity

The crypto trading platform has denied engaging in an “extensive web of deception” after being hit with a swathe of charges by the US corporate ...

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Longo stresses ESG is not a ‘trend’, nor is it about ‘burdening’ companies

According to ASIC’s Joe Longo, change is coming — and it won’t look kindly on those who aren’t prepared. Speaking at the Australian Financial ...

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Is a hike almost certain? ANZ ups terminal rate, AMP tips 25 bp increase

Although the RBA’s decision to raise the cash rate in early May caught the market off guard, the likelihood of a rate hike on 6 June appears to be ...

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Fair Work lifts minimum wage as inflation battle persists

Australia’s minimum award rates are set to increase over the coming financial year amid ongoing cost-of-living pressures and expectations of further ...

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US regulator fines Vanguard for ‘misleading’ customers

The global funds manager has been hit with a fine for reportedly overstating projected yields in customer account statements. The Financial ...

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‘Lessons and linkages’: APRA chair on bank deposits, AT1 bonds

Prudential regulators need to reassess the treatment of hybrid bonds in the event of a banking collapse, the APRA chair has told the Senate, flagging ...

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BOQ shares drop following regulatory action

The bank has entered into enforceable undertakings with both APRA and AUSTRAC to address “significant gaps” in its risk management framework

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ASIC’s DDO guidance goes ‘well beyond legal requirements’

A senior regulatory counsel at law firm Allens has shared a mixed view of ASIC’s regulatory guide on the design and distribution obligations (DDO)

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What are the global implications of UK’s sticky inflation?

Higher than expected UK inflation may give the RBA reason to remain hawkish. As the central bank prepares to announce its next monetary policy ...

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