Australia Law And Legal

The Australian Taxation Office will ban all credit card payments starting Nov. 30, affecting roughly 2.3% of total tax payments.

Insurance Australia Group (ASX:IAG) subsidiary Insurance Australia reached a confidential settlement in Federal Court proceedings brought by Credit Suisse entities.

ASX (ASX:ASX) is still falling short of regulatory expectations in governance, operational resilience, and risk management, according to the latest assessment by the Reserve Bank of Australia.

ASIC is moving past warnings to prepare enforcement action against non-compliant firms in Australia's $200 billion private credit sector.

The Supreme Court of New South Wales extended Bathla Group's voluntary administration until Sept. 13, 2027.

The Albanese government announced a suite of administrative visa crackdowns to restrict temporary visitors and international students from extending their stay in Australia.

The Australian Government will introduce new ministerial directions to restrict temporary visa holders after legislative negotiations with the Coalition collapsed.

Pengana International Equities (ASX:PIA) has reached a settlement with Pengana Capital to resolve ongoing Supreme Court proceedings.

The Mining and Energy Union is funding a class action against BHP (ASX:BHP) that could cover up to 7,000 workers employed through its labour hire subsidiaries.

The ATO released a final ruling that subjects offshore transfers of software and streaming revenue earned in Australia by US tech companies.

The Treasury released advice warning that federal tax reforms would cause a modest, immediate slowing in Australian house price growth.

The Australian Securities and Investments Commission logged 551 internal grievances since July 1, 2023.