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regulation

28 June 2022 • By Jon Bragg • 1 min read

ASIC wins appeal against short-term lenders

The firms had claimed they did not require an Australian credit licence. The Full Federal Court has reversed a previous ruling which found that the ...

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Rate forecasts contract following Lowe's recession remarks

An economist has advised caution when interpreting Governor Lowe’s dismissal of the risk of a recession. Money market expectations for the Reserve ...

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Super funds slammed for obscuring test results

ASIC has slammed super funds for employing communication strategies that may have confused or misled members about their product’s performance

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Government clarifies tax treatment of crypto

The federal government has sought to clear up uncertainty about the status of crypto for tax purposes following the adoption of bitcoin as legal ...

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Westpac says second fastest tightening cycle in 30 years to bring rates to 2.6% by year’s end

Westpac expects a cumulative increase in the cash rate of 250 bps over nine meetings, signalling the second fastest tightening cycle since 1990

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Dr Lowe says 4% interest rate by year's end 'unlikely'

The RBA is not on pre-set interest rate path but the governor has dismissed the likelihood of a 4 per cent official interest rate by year’s end

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RBA admits handling of the yield curve caused 'reputational damage'

The RBA has conceded that the disorderly removal of the yield curve policy in late 2021 has caused reputational damage to the bank. The Reserve ...

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'88% cut to heavy industry emissions is possible', report shows

Australia’s major industrial regions could leverage existing technologies to slash their greenhouse emissions by as much as 88 per cent - equivalent ...

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Dr Lowe now says inflation will hit 7% by year's end

Philip Lowe expects inflation to go as high as 7 per cent, while describing an interest rate of 2.5 per cent as “reasonable”. Governor of the ...

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FWC hands down 5.2% wage lift

The Fair Work Commission has handed down a 5.2 per cent minimum wage lift. In a decision set to impact over 2.7 million workers, the Fair Work ...

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