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Regulation

13 December 2023 • By InvestorDaily team • 1 min read

Government closes in on surplus: Projects much lower deficit

The government is “within striking distance” of a second surplus, the Treasurer said on Wednesday (13 December). Through its spending restraint, ...

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NAB contemplates return to financial advice arena amid proposed changes

NAB will carefully evaluate the potential impact of the proposed changes on its role in the realm of financial advice. If, when and how the big ...

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RBA to tackle payments system modernisation in 2024: Bullock

A review of retail payments regulation, maintaining access to cash and transitioning to more modern payment systems are all on the Reserve Bank’s ...

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Foreign property investors to be hit with higher fees

The federal government has announced changes to the foreign investment framework in an effort to boost Australia’s housing stock. In an effort to ...

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New agreement gives RBA more wiggle room to handle inflation goals

The RBA and the government have renewed their agreement on key aspects of the country’s monetary and central banking policy framework

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Does ABA’s backing of advice reforms imply big banks’ support?

The ABA has labelled Minister Jones’ advice reforms as “sensible”. While the big four banks have not yet disclosed their position on the ...

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Funds applaud ‘crucial extension’ of super’s advisory powers

The government’s comprehensive financial advice reform package will allow millions more Australians to access quality advice, according to super funds ...

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Jones unveils bold financial advice reforms: Introduces ‘qualified advisers’ for banks, insurers, and super

Minister Jones has proposed the creation of a “new class” of financial advisers, creating an opportunity for banks to re-enter the advice sector

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ASIC takes action to protect ‘new wave’ of retail investors

The regulator has ramped up its supervision of online trading providers and taken multiple actions to protect investors from high-risk offers and ...

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RBA retains tightening bias in final rate decision of the year

Interest rates will finish 2023 at 4.35 per cent, but a hike in February next year is still seen as a distinct possibility by economists. The ...

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