Australia

Credit Risk

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.

AI Risk & Governance

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.

Structural Regulation

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.

Fraud, Scams & Cybercrime

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.

Conduct, Culture & Accountability

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.

Conduct, Culture & Accountability

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.

Trading & Investment

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.

Cybersecurity

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.

Conduct, Culture & Accountability

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.