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Regulation

regulation

06 September 2023 • By Maja Garaca Djurdjevic • 1 min read

FAR passes Parliament, imposing new accountability on directors

The Parliament has passed the legislation to implement the Financial Accountability Regime (FAR). In a statement on Tuesday, the Financial Services ...

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Experts share views on RBA’s next move

Following the RBA’s September rate call, experts have shared their latest forecasts. Most Australian economists now expect the Reserve Bank of ...

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Lowe’s last hurrah leaves door open to rate speculation

Despite acknowledging that the economy is experiencing a period of “below-trend growth”, the outgoing RBA governor has left the door open for future ...

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Lowe announces last rate decision as RBA governor

The RBA has revealed the final rate call with Philip Lowe at its helm. The Reserve Bank of Australia (RBA) elected to leave the cash rate unchanged ...

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ASIC takes Westpac to court

The regulator has launched civil penalty proceedings against the big four bank. On Tuesday, the Australian Securities and Investments Commission ...

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Shipton’s emotional plea for accountability: An open letter to Chalmers

After delivering an emotional speech during a parliamentary inquiry into ASIC, James Shipton has written an open letter to the Treasurer demanding ...

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Will another rate pause be Lowe’s parting gift?

The central bank is widely expected to announce another pause in September, but further tightening of monetary policy remains on the cards in the ...

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Inflation data gives RBA another reason to pause, but risks ‘haven’t entirely abated’

The latest monthly CPI indicator has led to a consensus among most economists regarding the RBA’s next move. Inflationary pressures continued to ...

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ASIC and RBA set expectations for ASX’s new advisory group

The new group has been established to advise on strategic clearing and settlement issues, including the governance of ASX’s CHESS replacement project

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AMP hit with penalty

The Federal Court has handed down a penalty to AMP after it found the wealth giant was not authorised to make immediate changes to its buyer of last ...

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