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28 June 2023 • By Keith Ford • 1 min read

Second consultation opens on climate-related financial disclosures

The government has opened a second consultation on climate-related financial disclosures. Following a previous consultation between December 2022 ...

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RBA tipped to cut rates considerably in 2024 as economy slumps

An economist expects the RBA to cut rates several times in 2024 in response to a sharp slowdown in growth. AMP’s Shane Oliver has predicted that a ...

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Medibank responds to APRA hit as share price dives

Medibank’s share price crashed on Tuesday despite assurances from the company that it is sufficiently capitalised to meet its new capital adequacy ...

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ASIC chair stresses ‘intense proactive supervision’ of CHESS replacement

The chair of the corporate regulator has provided an update on its oversight of the ASX CHESS replacement. Speaking at the parliamentary joint ...

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Economist warns against replacing Lowe in midst of inflation battle

Dr Lowe’s chances of being reappointed for a second term at the RBA are appearing increasingly slim. However, an economist has questioned whether ...

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Multinational tax integrity bill enters Parliament

The government has introduced its multinational tax integrity legislation to Parliament, which seeks to improve the integrity of the tax system

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ASIC chair denies obstruction allegations, rejects interim report findings

ASIC has “unequivocally” rejected any assertion of an intent to obfuscate or obstruct the parliamentary investigations into its oversight of the ...

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Financial services industry laments APRA’s cost burden

Less than a third of APRA-regulated entities are satisfied with the prudential regulator’s management of compliance burdens. The Australian ...

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Regulator says insurers withholding $815m in promised savings

The corporate regulator has slammed insurers for their inaction despite the latter being aware of pricing risks. ASIC raised this concern in a ...

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Decision on next RBA governor imminent, says Treasurer

Treasurer Chalmers will name the next governor of the Reserve Bank of Australia next month. Treasurer Jim Chalmers confirmed on Thursday that he ...

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