This Month
Senators demand Cbus cut ties with CFMEU-appointed directors
There are currently three CFMEU-appointed directors on the super fund’s board.
- Hannah Wootton
- Opinion
- Insider trading
How ASIC’s new insider-trader busting system works
The securities industry regulator is getting better at catching insider traders. But the cohort of offenders is so dumb it may not make a difference.
- Tony Boyd
Labor plays down call to break up ASIC, talks up whistleblower rewards
The Australian Securities and Investments Commission was on Wednesday accused of being a “toothless tiger” in the final report of a 20-month Senate inquiry.
- Ronald Mizen
June
Home ownership is this Labor treasurer’s great middle-class goal
NSW Treasurer Daniel Mookhey, who hands down his second budget on Tuesday, says building wealth and financial security through home ownership must be a core objective of the modern Labor Party.
- John Kehoe
Chris Minns wants Sydney to feel like Brooklyn
To encourage an urban renaissance, the NSW premier has a message for the city’s property developers: build, build, build.
- Aaron Patrick
Future Made in Australia to rely on corporate intel
Development of Labor’s manufacturing agenda will rely on closely held intelligence from private companies about their capabilities and weaknesses.
- Updated
- Tom McIlroy
May
‘Radical, illogical’ cap on super ASX stakes would cost savers
Instead of helping Australians buy ASX shares, a cap as proposed by Andrew Bragg would just help foreign capital own more of the market, industry experts warned.
- Hannah Wootton
Cap big super at 10pc of ASX companies: senator
The $3.6 trillion superannuation industry’s market power means it has the capacity to “squash retail investors like bugs” – and that shouldn’t be allowed, Andrew Bragg says.
- Hannah Wootton
PM’s pension now in the hands of Stephen Jones
Five still-serving Labor parliamentarians will have their pension schemes tweaked by the financial services minister. As will all the nation’s senior judges.
- Updated
- Myriam Robin
- Opinion
- BNPL
Payments innovation under threat from RBA
Buy now, pay later, which revolutionised Australia’s highly concentrated payments system, is under potential threat from increased regulation.
- Tony Boyd
Let first home buyers drain super for property: Senate committee
First home buyers should be able to withdraw all their retirement savings to buy a house, a Coalition-dominated Senate committee has found.
- Lucy Dean
April
Loosen rules so banks can write more home loans: Liberal MP
Liberal Andrew Bragg has endorsed a call by bankers to relax home loan regulations to make it easier for first home buyers to enter the housing market.
- John Kehoe
March
Dutton’s frontbench reshuffle stymies NSW stoush
Luke Howarth is the opposition’s new shadow assistant treasurer, as Lindsay MP Melissa McIntosh and Andrew Bragg join the Coalition frontbench.
- Tom McIlroy
February
- Exclusive
- Governance
Trouble at the top: When ASIC went to war with itself
The struggles between ASIC officials made it hard for the government to find a new corporate law enforcement chief.
- Aaron Patrick, Patrick Durkin and Ronald Mizen
Gaps in stopping ‘unacceptable’ conduct at ASIC, chair warns
ASIC chairman Joe Longo says the conduct of statutory appointees raises “significant and potentially sensitive policy issues”.
- Patrick Durkin, Ronald Mizen and Aaron Patrick
Hemmes-sponsored Christmas party something to Bragg about
It wouldn’t be the first time Andrew Bragg’s wealthy friends have offered him a step up.
- Myriam Robin
January
- Exclusive
- Regulation
ASIC to pursue riskier litigation strategy in 2024
Chairman Joe Longo says corporate regulator will focus on financial services, crypto, superannuation and target firms operating in grey areas of the law.
- Ronald Mizen
December 2023
- Exclusive
- Superannuation
Big super spends lots of your money on promotion. Here’s where it goes
New transparency laws reveal for the first time where industry super funds put money for ads and sponsorships. The Tigers and unions are big winners.
- Hannah Wootton
Business whacked by multinational tax crackdown
Treasurer Jim Chalmers has challenged the opposition to support Labor’s latest changes for big business, despite claims the consultation has been bungled.
- Tom McIlroy
Anti-bank activist Geoff Shannon gets one over ASIC
After four days of hearings spread across 10 months, the regulator’s case failed, Magistrate Mark Bamberry judging its investigation as less than thorough.
- Updated
- Myriam Robin