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Regulation

04 July 2024 • By Keith Ford • 1 min read

‘Not a capable regulator’: Why Bragg wants to split ASIC

The committee chair singled out the regulator’s broad remit as cause for concern, but government senators say he’s just out to grab headlines

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Senate committee recommends splitting ASIC

The Senate economics references committee has recommended separating ASIC into two bodies to provide a “more coherent and consistent approach”

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‘With growth comes scrutiny’: Why private credit is garnering attention

Australia’s private credit sector faces regulatory pressures amid resilient performance and market growth. The global private credit market stood ...

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RBA minutes reflect concerns over inflation

The RBA has acknowledged recent state budgets in its latest minutes, stating that it will assess their impact on the outlook for output and inflation ...

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Economist says budget hurting inflation, Treasurer disagrees

Treasurer Chalmers has contrasted an economist’s argument that persistent inflation underscores the government’s role in complicating the RBA’s job, ...

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Federal Court appoints Deloitte to verify Keystone fund payments

The assets of the fund were frozen earlier this month by court order. The Federal Court has appointed Deloitte executives Jason Tracy and Lucica ...

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Economists adjust rate hike expectations following strong CPI data

Expectations for a rate hike this year have significantly strengthened due to stronger-than-expected monthly CPI data. Economists are now more ...

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Regulator hands down $3.1m penalty to subsidiary of PE firm

It has received an infringement notice from the corporate regulator for alleged serious failures, requiring it to pay $3.1 million and enter into an ...

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Macron’s snap vote exposes EU fractures with global economic implications

Macron’s abrupt decision to call a snap vote has spooked markets, laying bare the financial edge that many European nations currently live on

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Governor admits narrow path is narrowing amid another rate hike consideration

In her most hawkish address to date, Michele Bullock stated, “We are currently at a very complex stage of the economic cycle.” Similar to the ...

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