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Regulatory

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.

ASX to focus on pattern of problematic behaviour in listed entities

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
ASX has told listed companies it intends to focus on repeated conduct to ramp up a company's share price through inappropriate use of the market announcements platform.

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act.

KPMG details action plan to address whistleblower probe

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
KPMG has detailed a governance overhaul and action plan to address integrity issues across the firm after it admitted its treatment of a whistleblower and investigation into their allegations fell short.

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
Property developer David McWilliams has been charged over an alleged $10.1 million fraud scheme involving investor funds raised for specialist disability accommodation projects, following an investigation by ASIC.

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
The Finance Sector Union (FSU) has urged Reserve Bank of Australia (RBA) staff to reject a proposed wage deal, arguing the offer fails to keep pace with inflation and risks driving skilled employees from the central bank.

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
ASIC is seeking industry feedback on plans to remake four legislative instruments covering exchange-traded derivatives, securities transfers and securities lending arrangements, ahead of their scheduled sunset later this year.

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
HSBC Bank Australia has been hit with a $35 million penalty after admitting to widespread and systemic failures in protecting customers from scams.