Regulators threaten to use new powers to take control of ASX
Both ASIC and the Reserve Bank have threatened to use new powers to seize control of the market operator as they lose patience with the rate of clearing and settlement failures.
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ANZ rushing on CEO transition
Incoming boss Nuno Matos is expediting his entry at the bank amid growing regulatory scrutiny.
Westpac’s IT simplification project can’t go any faster
The banking major isn’t looking to rush its three-year technology transformation under new CEO Anthony Miller, who is standing by its 2028 target for untangling the IT mess.
Austrac to receive funding boost in hopes of windfall
Two looming fines against Star Entertainment and Entain are expected to bolster the budget, with more money set to be handed to Austrac to fight crime.
Tax man to get more powers with dodgy accountants in firing line
The economy is expected to reap nearly a $3.2bn tax bonanza from a crackdown on dodgy accountants and big businesses that fail to pay their due.
ING profit slips amid tech crunch
ING Australia has handed its parent bank only $479m in dividends, down $175m on its 2023 returns, in a sign of the hot competition and the cost of tech transformations.
ANZ on the home stretch with new banking platform
ANZ is readying to run all new retail bank customers through its new banking platform, in a bid to slash costs at the bank.
ASX supports public markets push as private pressures grow
The ASX wants to make it easier for companies to list — and stay listed — amid a surge in private companies and investments.
The price of blowing the whistle? Everything
Tony Watson lost his home, job, friends, and a boatload of money in his fight to show he was dumped over trying to stop Lendlease’s $300m ‘tax dodge’. He’s not alone.
Industry open to ‘pragmatic’ digital assets intervention
The digital assets sector is keen to see the next steps from the Albanese government to regulate the growing crypto sector.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/2