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Regulation

Yesterday

AusActive CEO Barrie Elvish: “Australian teenagers rank with some of the least active in the world, and 66 per cent of Australian adults are living overweight or with obesity.”

Obesity is costing Australia a fortune, and the solution is in the pub

Prominent people were asked to propose one policy initiative they believed political parties should pledge to do, should they win the election.

This Month

Tom Seymour at his (former) office in Brisbane.

Tax Practitioners Board and former PwC CEO can’t get on the same page

Tom Seymour may be trying to tick every box now, but the tax professionals watchdog isn’t helping.

So Hardie’s directors will make billion-dollar bets behind closed doors while the real owners are cut out of having any say.

ASX’s James Hardie waiver is not in the market’s best interests

The bourse has set a terrible precedent by being complicit in undermining shareholder democracy.

ASIC chair Joe Longo at the ACSI conference before his quick exit.

ASFA and ASIC chiefs still need to talk

The pair met, naturally, at the conference of yet another superannuation industry group.

Diane Smith-Gander chairs Zip Co.

Zip Co goes to ground after Federal Court loss

A court loss, a likely large damages bill, and orders preventing Zip from using its name on certain local products? No need to disclose any of that, it seems.

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March

RBA governor Michele Bullock says she has serious concerns with the ASX’s governance.

RBA, ASIC say they are ‘increasingly concerned’ about ASX

The regulators said the market operator was not complying with risk mitigation standards after an outage in December left investors unable to settle trades.

Our political leaders should recall the maxim that if you are in a hole, you stop digging.

Old pastime of redistribution, regulation, reckless spending returns

If you’re wondering why this election campaign does not have a clear frontrunner, the lack of convincing economic policies may be the reason.

The RBA is concerned about risks as banks migration payments from BECS to the NPP.

RBA tells banks national interest not profit comes first on payments system

RBA assistant governor Brad Jones accused banks of putting profit over the national interest in the roll-out of a critical system that moves $18 trillion payments.

University of NSW marketing school head Professor Maggie Chuoyan Dong: “It is ideal to have a transparent supply chain, but in reality, very few companies have that transparent supply chain.”

Third-party risks are no longer someone else’s fault

In this hyper-connected world it’s important to remember that ensuring the protection of data along the supply chain is essential.

Jane Stanton, partner for risk consulting at Grant Thornton, says training and awareness is an important line of defence for all organisations.

Cultural resilience key to dealing with crisis

Massive digital disruptions have driven home the need for training and systems to ensure businesses – and all their staff – can instantly respond to outages.

Labor MP Andrew Charlton has been advocating for policy addressing digital assets.

Labor reveals its plan to regulate crypto

Crypto exchanges will have to meet the same basic governance requirements as banks under a long-delayed policy to regulate the local sector.

Rush job: Subcontractors and suppliers hastened to remove equipment from Roberts Co’s Amazon warehouse site in Melbourne’s Craigieburn on Friday, hours before the company went into administration.

Victoria counts the cost of rising insolvencies

Construction across the nation has struggled with higher costs, shortages and delays. But Victorian insolvencies are rising the fastest among the big states.

APRA deputy chairman John Lonsdale says Westpac has "potentially substantial gaps in risk governance that need to be closed".

APRA hasn’t read the room on board governance overhaul

A better option for the regulator would be to improve enforcement efforts, rather than increasing the compliance and governance burden on directors and boards.

APRA chairman John Lonsdale at The Australian Financial Review Banking Summit.

APRA holds firm against deregulation push

The banking regulator is resisting the US push for greater deregulation to boost growth. But can that last given the international upheaval under way?

AustralianSuper is in ASIC’s sights for repeated customer failures.

Super fund failures could cost you big

ASIC’s assault on big super’s failings points to a new phase that will determine whether the big industry funds are best placed to help retirees spend it.

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APRA chairman John Lonsdale at the AFR Banking Summit.

APRA chair says directors need to have ‘the time’ to do their job

John Lonsdale defends the regulator against concerns it has heaped too much red tape on bank and superannuation fund boards.

The NDIS’s cost troubles trace back to 2013, when Labor debated the NDIS Bill in Parliament amid leadership turmoil, and provided inaccurate figures for the costs.

I’m an NDIS participant. Here’s what I’ve uncovered about this chaotic system

Missteps, miscalculations, lies and missed opportunities on the NDIS should alarm anyone who values sound economic governance.

Less passengers are travelling through airports than before COVID-19 but airports are reporting record aeronautical revenue.

Airport ‘super profits’ back as revenue hits record

Australia’s biggest airports were flush in 2023-34 despite the number of travellers remaining below pre-pandemic levels.

Flooded homes in Tingalpa, as a result of heavy rains.

The 210pc insurance tax you didn’t know you were paying

No other tax has such a large economic welfare loss. Despite the Henry Tax Review wanting them scrapped, taxes on insurance premiums continue to distort the market.

ACCC chairwoman Gina Cass-Gottlieb.

Goalposts shifting as Chalmers’ new merger control regime looms

For dealmakers, every decision now feels like a roll of the dice, uncertain and unpredictable, carrying the risk of landing back where they started.

Original URL: https://www.afr.com/topic/regulation-hos