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Regulatory

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.

ASIC to refresh financial market infrastructure guides

KARREN VERGARA  |  TUESDAY, 21 APR 2026
ASIC is updating its regulatory guides to reflect recent reforms to financial market infrastructure (FMI) rules and is seeking industry feedback.

ASIC issues roadmap for digital assets law reform

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
ASIC has released an 18-month roadmap for the rollout of new digital asset law reforms which will come into effect April 2027.

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
Treasury has opened a new consultation seeking feedback on draft legislation that would give the Tax Practitioners Board stronger regulatory powers, including criminal penalties.

ASIC acts against another former FSGA adviser

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
An adviser that ASIC said was experienced enough to know better than to advise clients to invest in Shield and First Guardian has been banned for five years.

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
Treasury is tightening the rules around capital gains tax (CGT) to ensure foreign residents pay their fair share of tax in Australia.

Former Big Un chief pleads guilty to insider trading

RIDDHIMA TALWANI  |  FRIDAY, 10 APR 2026
Former chief executive of collapsed ASX-listed technology firm Big Un Richard Evans has pleaded guilty to one count of communicating inside information in Sydney District Court.