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Regulatory

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct.

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
The regulator said funds are too focused on product promotion and member retention and demonstrate a lack of urgency in improving retirement communications.

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
Responsible entities (REs) of managed funds lack robust risk management practices when it comes to the cyber and security risks relating to services they offshore, according to ASIC.

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
Equity Trustees said it will continue to defend itself in the proceedings and is considering seeking orders forcing other parties involved to compensate victims' losses.

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The corporate regulator said it was working closely with the government and Treasury towards law reform to protect consumers in the wake of the Shield and First Guardian collapses.

ASIC cancels CPG Research & Advisory's AFSL

RIDDHIMA TALWANI  |  FRIDAY, 10 OCT 2025
ASIC has cancelled CPG Research & Advisory's AFSL, which is linked to the now-defunct Linchpin Capital, effective October 7.

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS  |  FRIDAY, 10 OCT 2025
New research suggests 24,000 millionaires pocket half of capital gains tax breaks, according to Oxfam Australia.

ASIC bans another former Lighthouse Partners director

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
ASIC has banned former Lighthouse Partners director Timothy Archibald for 10 years.

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
ASIC has reported an increase of 50% in investigations and an almost 20% rise in new civil enforcement proceedings in the financial year 2025.

ASIC raises alarm on auditor independence, conflicts of interest

KARREN VERGARA  |  WEDNESDAY, 8 OCT 2025
Too many auditors are failing the independence test and breaching conflicts of interest obligations, according to an ASIC investigation.