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Regulation

regulation

22 October 2021 • By Fergus Halliday • 1 min read

RBA backflips on ‘no-surcharge’ rules for BNPL

Australia’s central bank has changed its mind about whether existing credit card surcharge rules should apply to Afterpay and Zip. The Reserve Bank ...

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AFMA calls time on LIBOR Cap

With LIBOR about to retire, the AFMA has called on the government to scrap the interest deductibility cap for foreign banks. To coincide with the ...

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SEC go-ahead for bitcoin ETF fuels new hype for local counterparts

Approval from overseas regulators looks to turn the possibility of crypto ETFs in Australia into a reality. After the US Securities Exchange ...

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ACCC calls for better merger controls

Citing significant challenges around merger control and digital platforms, the ACCC says that existing competition laws need to be strengthened to ...

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IMF governing committee urges central banks to monitor inflation

The International Monetary Fund’s governing committee has issued an alert to policymakers drawing attention to the cruciality of monitoring pricing ...

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Climate risks likely to spark significant divestments from Australia

The likelihood of significant divestment from Australia because of climate risk is rising, the Reserve Bank of Australia says. Climate is a key ...

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Local coal exporters brace for major disruptions as world shifts towards net zero

Australia’s coal exporters are expected to face major customer shortages as the world moves towards net zero emissions by 2050.  The International ...

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Fitch affirms Australia's AAA rating, upgrades outlook to stable

Fitch Ratings has affirmed Australia’s AAA credit rating and upgraded its outlook to stable from negative. “The outlook revision reflects our ...

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Immigration drought has downsized our economy

Projections about the size of the Australian economy are set to be redrafted with the country now very unlikely to meet population growth targets ...

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Treasurer calls out labor’s ‘war on aspiration’

Federal Treasurer Josh Frydenberg says he is ready to go head-to-head with the Labor Party on what he labelled its “secret plans” to crack down on ...

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