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Regulatory

FSC raises the bar for PC managers with fresh standards

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
The Financial Services Council has released a new standard and guidance note for members on private markets, with a special focus allocated for private credit managers.

FAAA welcomes 'widow's tax' changes in CGT, negative gearing reforms

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
FAAA says it welcomes the legislative changes aimed at addressing the so-called "widow's tax," noting the amendments will protect grieving families and individuals navigating relationship breakdowns from unintended tax consequences.

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement.

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI  |  FRIDAY, 21 AUG 2026
The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund.

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services have been broad.

APRA targets platform trustees, welcomes stronger powers

KARREN VERGARA  |  THURSDAY, 20 AUG 2026
APRA is targeting platform trustees' uplift in investment governance in a new consultation, which is underscored by Labor's proposed new powers.

Treasury consults on foreign investment framework reforms

RIDDHIMA TALWANI  |  WEDNESDAY, 19 AUG 2026
Treasury has opened a consultation to review existing conditions required for foreign investment approvals in Australia.

Macquarie puts KPMG audit under formal review

RIDDHIMA TALWANI  |  FRIDAY, 14 AUG 2026
Macquarie Group chair Glenn Stevens said the investment giant is formally inquiring into KPMG's capability to deliver its audit, as well as the conduct of the audit itself, at the latest parliamentary inquiry into the consulting firm.

ASFA defends super as 'policy success' amid Bragg criticism

VINNY VUCAGO  |  FRIDAY, 14 AUG 2026
The Association of Superannuation Funds of Australia (ASFA) has pushed back against criticism of the compulsory system saying it has delivered significant gains for retirement security and reduced pressure on the federal budget.

ASIC warns investors over Yepbit platform

VINNY VUCAGO  |  THURSDAY, 13 AUG 2026
ASIC has warned investors against dealing with Yepbit and Yepbit Exchange after receiving reports customers have been unable to withdraw funds from the purported digital assets and futures trading platform.