Greatest Good September 2025 Regulatory Update
A summary of the key regulatory updates and announcements affecting the for-purpose sector.
ASIC focuses on easing the burden of regulation
Following the announcement by ASIC Chair Joe Longo in November 24, where he advised ASIC wanted to reduce complexity in regulation, ASIC has issued Report 813 – Regulatory Simplification. The Report describes the work of simplification so far, seeking feedback and further ideas.
ASIC announces its strategic priorities for 2025–26 |
ASIC released its Corporate Plan for 2025–26 outlining its priorities over the next year and beyond. It is directing resources to areas of high risk, continuing work on high risk super-switching and launching more than a dozen new regulatory initiatives. These include reviews of offset accounts, debt collection practices, whistleblower protections, and advice around establishing self managed super funds.
Australia’s 2050 Net Zero Plan
The Federal Government has released its Net Zero Plan, pledging to cut emissions by 62 to 70% on 2005 levels by 2025, with the goal to reach net zero by 2050.
Australia’s 2050 Net Zero Plan
Productivity Commission releases its interim report into Harnessing data and digital technologies
The Productivity Commission released its Interim Report into Harnessing data and digital technologies, with a series of recommendations and proposals on key aspects of technology, data regulation and innovation.
Productivity Commission Report
Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.