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Regulation

22 January 2025 • By Maja Garaca Djurdjevic • 1 min read

FSC calls for tax reform and super certainty in pre-election agenda

In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently alongside a focus on the fund ...

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Think tank defends Div 296 as Coalition calls it a ‘terrible idea’

While the controversial measures have received little support in the Senate, the think tank has argued Division 296 would “make the nation’s super ...

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Employment rises by 56k as jobless rate ticks up

The jobless rate has moved up slightly; however, employment numbers saw another large boost. The seasonally adjusted unemployment rate rose by 0.1 ...

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IMF says ‘significant risk’ disinflation could falter, calls for fiscal-monetary harmony

The IMF has reiterated the critical need for fiscal policy to align with monetary efforts to combat inflation, warning of a “significant risk” that ...

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Government faces criticism over widening deficit gap and fiscal transparency

The Albanese government has released its mid-year budget update, emphasising responsible economic management as a cornerstone of its first term

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APRA sounds the alarm on gaps in super trustees’ management of unlisted assets

APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the ...

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Weak Chinese economy to push Australia’s budget deficit higher, Chalmers hints

Weakness in the Chinese economy is set to weigh heavily on Australia’s budget, with mining exports expected to be downgraded by about $100 billion and ...

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Government revamps RBA boards amid criticism over risks to independence

Michele Bullock has endorsed the government’s revamp of the central bank, but the shadow treasurer has warned it risks undermining continuity and ...

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ASIC sues HSBC for failing to protect customers from scams

ASIC is suing HSBC Australia over alleged failures to protect customers from scams, resulting in $23 million in losses. HSBC Bank Australia ...

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ASIC highlights ‘areas of focus’ for end-of-year financial reports

The corporate regulator has identified key focus areas for end-of-year financial reports, historically showing the highest rates of non-compliance

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