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Regulation

regulation

19 December 2023 • By Jon Bragg • 1 min read

Investment manager hit with infringement notice over greenwashing

ASIC has taken action against an investment manager relating to concerns about alleged false and misleading statements. On Tuesday, the Australian ...

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Chalmers unveils ambitious modernisation agenda for Australian economy

Treasurer Chalmers has laid out a sweeping vision for Australia’s economic future, stressing the critical need for a comprehensive modernisation ...

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New legislation to boost RBA and ASIC powers

The government is consulting on financial market infrastructure regulatory reforms. The Reserve Bank of Australia (RBA) and the Australian ...

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ANZ appeals court decision on continuous disclosure failure

The Federal Court recently ordered the bank to pay a penalty of $900,000 for breaching its continuous disclosure obligation. ANZ has appealed a ...

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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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