AUSTRALIA

Capital / Liquidity

Australia's Plan to Uncap Home Guarantee Scheme Prompts Mixed Reaction

By Manesh Samtani | 29/08/2025

The government has removed all limits on its low-deposit mortgage guarantee scheme, but insurers and economists warn it will inflate prices and create reckless debt.

Fintech / Regtech

RBA Deploys AI Tool to Enhance Economic Surveillance, Wage Forecasting

By Manesh Samtani | 28/08/2025

The RBA has revealed that it is using a machine learning system to extract firm-level insights from liaison data for regulatory analysis.

Australia Confirms Plans to Review Super Fund Performance Test

By Sanday Chongo Kabange | 28/08/2025

Treasurer Jim Chalmers said the superannuation performance test will be reviewed to remove investment impediments but has ruled out abolishing it.

Fintech / Regtech

Macquarie Bank Joins Australian Inter-Bank Anti-Fraud Network

By Sanday Chongo Kabange | 28/08/2025

Macquarie Bank’s move expands the BioCatch Trust intelligence-sharing platform to cover over 85 percent of Australia’s online banking population.

Enforcement

ASIC Bans Ex-Compliance Manager Over Shield Master Fund Advice

By Sanday Chongo Kabange | 28/08/2025

ASIC has banned a former senior manager from MWL Financial Services for failures linked to advice on Shield Master Fund, which collapsed last year.

Enforcement

Australian Court Penalises TerraCom in Landmark Whistleblower Case

By Sanday Chongo Kabange | 28/08/2025

The penalty against the mining resources company is ASIC's first enforcement outcome for contraventions of whistleblower provisions.

Securities / Derivatives

ASIC Proposes Rule Revamp to Enhance Algo Trading Oversight

By Manesh Samtani | 28/08/2025

ASIC proposes defining ‘trading algorithms’, mandatory testing, real-time monitoring and harmonised rules for securities and futures markets.

Securities / Derivatives

ASIC Sets Agenda on Super Oversight, AI Governance and Market Integrity

By Sanday Chongo Kabange | 27/08/2025

In its latest corporate plan, ASIC outlines its supervisory priorities focusing on superannuation, digital resilience and capital markets reform.

Enforcement

ASIC Sues Superannuation Trustee Over Shield Master Fund Losses

By Sanday Chongo Kabange | 27/08/2025

ASIC alleges Equity Trustees failed to properly vet the Shield Master Fund before offering it to thousands of members, compromising around AUD 160 million in savings.