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Regulatory

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Departing ASIC chair Joe Longo said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop it at the source and ban all unlicensed communications.

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2026
The way in which super funds will have to disclose stamp duty as part of fees and costs to members is changing from July.

Former Berndale director pleads guilty

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
A former director of collapsed derivatives provider Berndale Capital Securities has pleaded guilty to multiple dishonesty offences, including the misuse of nearly $700,000 in company funds.

Treasury consults to align company minimum tax

MATTHEW WAI  |  MONDAY, 4 MAY 2026
Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the OECD.

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
The new operational risk management standard will come into effect from 1 July 2026.

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
APRA has written to trustees over concerns the expanded use of AI is introducing a range of new financial and operational vulnerabilities.

Treasury to abolish CGT discount: Reports

KARREN VERGARA  |  TUESDAY, 28 APR 2026
The government is set to ditch the 50% capital gains tax (CGT) discount and revert to the pre-1999 system where the cost base of an asset is adjusted for inflation, according to reports.

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
ASIC's crackdown on social media finfluencers has ramped up, issuing four warning notices to finfluencers suspected of providing unlicensed advice.

ASIC bans another former MWL adviser

ELIZA BAVIN  |  THURSDAY, 23 APR 2026
Another MWL Financial adviser has been banned for a period of five years for his involvement in recommending the now collapsed Shield Master Fund.

Advisers reprimanded over fee-for-no-service conduct

MATTHEW WAI  |  WEDNESDAY, 22 APR 2026
The Financial Services and Credit Panel has issued three determinations in the month of April, including a reprimand to a financial adviser who continued to collect fees from a client for over a year after the service agreement ended.