Today
Quadrant finds itself bogged down in childcare quagmire
The private equity giant made a $650 million bet on Affinity Education four years ago. Child abuse allegations now have the sector under an intense spotlight.
Yesterday
Industry super funds have problems they won’t even acknowledge
Even as yet another fund publishes a review questioning its governance processes, the industry super lobby group is launching director courses.
This Month
How Australia can avoid a New York-style housing crisis
The less politically polarised Australian debate has recognised that easing restrictions on supply is the key to fixing the housing stress on young voters. But it won’t be a quick fix.
June
SMSF trader accidentally triggers trading halt
SMSF members trying to manage their tax settings are causing dramas even without the new $3 million balance changes.
AI flips the script on globalisation. We need a plan for the fallout
In the age of automation, leadership will not be defined by who adopts AI the fastest but by who protects their people the best.
Why a decking company has made James Hardie shareholders so livid
On Friday, Australian investors will be forced to watch as a vote on the controversial transaction happens without them. They are making sure it never happens again.
AI could create more jobs: Minister pushes light-touch regulation
Assistant Minister for Productivity Andrew Leigh said any AI-specific rules should protect the public and ensure innovation can flourish.
3 big hitters to helm inquiry into troubled ASX
The sharemarket operator is under fire for missteps, including a damaging settlement outage and a botched upgrade of its clearing and settlement platform.
Following the rules on AI is not enough for businesses
Organisations that lead in AI security are not necessarily the most heavily regulated – but they are the best prepared.
Labor has a rare chance to streamline cybersecurity regulation
A small cohort of regulator representatives, working with the people from industry who are on the front line, could harmonise expectations.
Super funds spending without any clear benefit for members: APRA
The nation’s biggest superannuation providers have “suboptimal” expense policies that risk undermining the best financial interests of millions.
Slash the red tape smothering growth
The Abundance agenda is being taken on to fix Australia’s housing shortage. It needs to extend to a vigorous supply-side deregulation agenda.
No ID? New anti-money laundering rules won’t stop agents making deals
Ahead of the reforms next year, the regulator has to walk a fine line between enforcing the rules and not hindering the real estate industry.
Environmentalists accuse major banks of financing deforestation
The Australian Conservation Foundation said it used satellite imagery and land titles to connect properties where loans had been made and suspected clearing had occurred.
ASIC challenges Chalmers over red tape
The chairman of the corporate watchdog says it is important to “get away from generalised angst” about regulation and instead attack a smaller set of problems.
Simon Birmingham named chief executive of Australian Banking Association
The former senior Coalition government minister will take over from Anna Bligh, who has run the powerful lobby group for more than eight years.
Alan Turing built AI to save lives. Now we’re regulating it to death
The NBN was decried by some as being a monumental waste of resources. Now we thirst for ever-increasing speeds to accommodate our business and productivity needs.
Reviving Australia’s public markets requires more than just deregulation
It is not just about cutting red tape. It requires rebuilding the ecosystem so that listing is attractive for issuers, and investing in listed equities is rewarding.
Safety investigation launched at UTS over KPMG’s job slashing plan
It’s unusual for the workplace safety watchdog to investigate white-collar workplaces, but staff anger is at boiling point.
$25m a year on red tape is driving up power prices: AGL
The boss of the country’s largest energy retailer says excessive red tape is contributing to the hefty price hikes that Chris Bowen blames on high retail costs.