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Showing 1 - 10 of 1322 results for "Parliament"

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ...

Treasury considers reward system for whistleblowers

RIDDHIMA TALWANI  |  WEDNESDAY, 3 JUN 2026
The government has opened consultation on a review of corporate whistleblowing laws in Australia to ensure they are working to effectively protect whistleblowers. The consultation also considers financial incentives for whistleblowers. Currently the ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 passed both houses of parliament on April 1. The ban comes into force from October 8. The new law bans insurers from using genetic information such as ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
Outgoing ASIC chair Joe Longo has used his final appearance before the Parliamentary Joint Committee on Corporations and Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change ...

KPMG chief resigns after firm admits whistleblower probe fell short

RIDDHIMA TALWANI  |  MONDAY, 1 JUN 2026
KPMG Australia has admitted its treatment of a whistleblower and investigation into their allegations fell short of the firm's expectations, those of the whistleblower and the broader community. The whistleblower had raised two matters on client documents ...

Tokenisation could inject $24bn annually: Project Acacia

MATTHEW WAI  |  TUESDAY, 19 MAY 2026
... lower-risk transactions. "The findings highlight the urgency of moving from experimentation to implementation... Federal Parliament and government bodies like the RBA must continue to provide the regulatory frameworks needed to support the ongoing growth ...

Law blocking abusers hiding super assets passes parliament

VINNY VUCAGO  |  FRIDAY, 15 MAY 2026
The government has passed landmark legislation allowing victim survivors of child sexual abuse to access the superannuation assets of convicted offenders who fail to pay court ordered compensation. Assistant treasurer and minister for financial services ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

Treasury to abolish CGT discount: Reports

KARREN VERGARA  |  TUESDAY, 28 APR 2026
... held for at least 12 months. Superannuation funds, meanwhile, received a one-third discount. At a press conference at Parliament House last week, Treasurer Jim Chalmers flagged changes to the CGT discount but did not provide the specifics. "We're ...

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... services licensing regime from April 2027. The Corporations Amendment (Digital Assets Framework) Act 2026 (DAF Act) passed Parliament on 1 April 2026, received Royal Assent on 8 April 2026, and will commence on 9 April 2027. The DAF Act provides for ...
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