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Regulation

23 August 2024 • By Jessica Penny • 1 min read

ASIC wins case against global crypto exchange operator

The regulator has won its case against Bit Trade Pty Ltd for design and distribution failures that have allegedly cost customers just under $13 ...

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Bragg claims Labor protects CFMEU-Cbus connection

Senator Bragg has now accused Labor of “running a protection racket for the CFMEU/Cbus cartel in the Senate” after the bill he introduced on Wednesday ...

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RBA reverts to providing guidance despite previous mistakes

The RBA has once again leaned towards speculation by suggesting that a reduction in the cash rate is unlikely in the near term. The Reserve Bank ...

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RBA flags China and geopolitical risks as potential threats to inflation control

The Reserve Bank of Australia is closely monitoring the slowing Chinese economy and rising geopolitical tensions as two key risks that could impact ...

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Latest jobs print points to longer-than-expected hold

While economists believe a Fed rate cut in September is almost guaranteed, Australia’s latest jobs print is predicted to yield a longer-than-expected ...

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ASIC sues ASX over CHESS failures

In its response to ASIC’s lawsuit, the ASX said it recognises the significance and serious nature of these proceedings. In a statement on ...

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Hauser criticises polarised debate and urges cautious forecasting

A vibrant economic debate is healthy, but the certainty with which some express views on the economy and monetary policy is less desirable, according ...

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Super fund hit with $11m penalty in landmark greenwashing case

The super fund has been pulled up for falsely representing the sustainable nature of some of its investment options. The Federal Court has ordered ...

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ASIC commits to scrubbing equity market squeaky clean

The Australian Securities and Investments Commission (ASIC) has deemed Australia’s equity market one of the “cleanest in the world”, stating that ...

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APRA slashes Westpac’s risk capital add-on

The prudential regulator will halve the capital add-on it required of Westpac after reporting the bank has progressed on addressing concerns around ...

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