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Regulation

regulation

22 January 2020 • By Lachlan Maddock • 1 min read

Frydenberg rejects ‘green swan’ bailouts

Treasurer Josh Frydenberg has clamped down on suggestions that central banks could be forced to take drastic action to ward off a climate-related ...

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Social mobility at record low: WEF

Most economies are now failing to create conditions in which their citizens can thrive, with income inequality more entrenched than ever, according to ...

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Fire-impacted farmers to get financial relief

Primary producers impacted by the bushfire emergency will receive thousands in aid as part of the federal government’s $2 billion relief package

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China shakes off currency manipulator status

The US has offered another olive branch in the lead-up to the phase one deal, removing China’s designation as a “currency manipulator”

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Big tech deserves to be broken up

Big tech companies like Facebook and Amazon are facing annihilation, but they only have themselves to blame. When Americans go to the polls in ...

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NAB tipped to fork out $500m for AUSTRAC breaches

The major bank is yet to face the wrath of AUSTRAC after reporting a number of compliant breaches to the financial crime regulator. In its annual ...

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Government releases draft legislation on APRA-ASIC cooperation

The Morrison government has released for consultation draft legislation that will oblige ASIC and APRA to co-operate with one another, following a ...

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RBA could cut again

The RBA looks set to slash rates again following the release of its December minutes. While the RBA board noted that the economy appeared to have ...

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NAB puts dollar value on ASIC action

NAB chairman Philip Chronican has commented on ASIC’s fee-for-no-service action by stating that the issue only relates to around $1.3 million in ...

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ASIC takes major bank to court

BREAKING ASIC has commenced civil penalty proceedings in the Federal Court against a Big Four bank, seeking findings of several thousand ...

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