18 September 2026MediumTreasuryConsultation
Consultation on the governance arrangements for Australia's accounting and sustainability standard-setting boards. Mainly of interest to auditors, reporting entities and their advisers.
Submissions open. Closes 15 October 2026.
It may be worth flagging to corporate clients who follow financial reporting standard-setting.
17 September 2026HighFederal Register of LegislationRegulationF2026L01226
Amends the ASIC Regulations 2001 to change which add-on insurance products are carved out of the 4-day deferred sales model. It affects insurers, brokers, car dealers and other intermediaries selling add-on cover.
Consider re-checking which add-on products your distribution partners treat as exempt, since the exemption list has moved.
17 September 2026HighFederal Register of LegislationLegislative instrumentF2026L01228
A remade ASIC instrument setting the relief and conditions that apply to annual and half-year financial reporting under the Corporations Act. It affects listed and disclosing entities and their finance teams.
Consider confirming that the relief your reporting entities currently rely on has carried across into the new instrument before the next half-year close.
17 September 2026MediumFederal Register of LegislationLegislative instrumentF2026L01229
A remade ASIC instrument dealing with auditing requirements and related relief under the Corporations Act. It affects auditors, audit committees and the companies they report on.
It may be worth asking external auditors to confirm which conditions in the new instrument they are relying on this year.
17 September 2026MediumFederal Register of LegislationLegislative instrumentF2026L01223
Amends the market integrity rules that govern conduct on Australian securities markets. It affects market participants, brokers and their compliance functions.
Consider asking market-participant clients to diarise a review of trading supervision procedures against the amended rules.
17 September 2026MediumFederal Register of LegislationRegulationF2026L01227
Amends the Tax Agent Services Regulations 2022 to support stronger Tax Practitioners Board sanctions against registered agents for professional misconduct. It affects registered tax and BAS agents.
It may be worth alerting in-house tax agents to the widened sanction exposure and reviewing supervision arrangements.
17 September 2026HighFederal CourtCase[2026] FCA 1357
Allianz sought a contribution from AIG for amounts it paid an insured, but the Court held AIG's difference in conditions clause made its policy excess-only, so there was no double insurance and no contribution owed. It matters to insurers and brokers arranging layered or overlapping construction and liability cover.
Consider checking how difference-in-conditions wording sits across programmes where a client is insured under more than one policy.
16 September 2026MediumACCCEnforcement
Three car manufacturers improved access to repair information for independent repairers following ACCC investigations. Combined with the Subaru case, it shows sustained enforcement of the motor vehicle information sharing scheme.
Consider checking compliance with mandated information-sharing duties before the regulator makes contact.
16 September 2026HighFederal Register of LegislationRegulationF2026L01225
Amends the Insurance Contracts Regulations 2017 to put in place the operating detail for the ban on life insurers using genetic test results when deciding whether to offer cover or on what terms.
Consider checking underwriting questionnaires, agent scripts and data-retention practices against the new restrictions.
16 September 2026MediumFederal Register of LegislationLegislative instrumentF2026L01162
Makes amendments to the Australian Accounting Standards, which feed directly into what companies must report in their statutory accounts. It affects all entities preparing financial reports under the Corporations Act.
Consider asking finance to confirm the effective date and whether early adoption changes this year's disclosures.
16 September 2026MediumFederal Register of LegislationLegislative instrumentF2026L01231
Varies the amount a purchaser must withhold on property and other asset acquisitions from foreign resident vendors. It affects purchasers, conveyancers and anyone settling a transaction with a foreign vendor.
Consider updating settlement checklists and withholding calculations used by the property and M&A teams.
16 September 2026HighFederal CourtCase[2026] FCAFC 125
The Full Court held that the arbitration clause in a CFD trading platform's standard-form user agreement was void as an unfair contract term, so the class action stays in court rather than going to arbitration. It matters to anyone relying on arbitration or dispute-resolution clauses in consumer-facing standard form contracts.
Consider reviewing standard-form terms for arbitration, class-action waiver and venue clauses that could now be attacked as unfair.
16 September 2026MediumFederal CourtCase[2026] FCA 1372
The Court refused an application that the judge step aside from an employment case because of her membership of the airline's Chairman's Lounge, finding no actual or apprehended bias arose from lounge membership alone.
It may be worth noting the threshold set here before advising a client to run a recusal application on association grounds.
15 September 2026WatchACCCReport
The ACCC's airline monitoring report found the major carriers posted strong earnings despite higher fuel costs. It keeps aviation competition and pricing on the regulator's watchlist.
It may be worth noting continued ACCC interest in aviation pricing if the business has significant travel or freight exposure.
15 September 2026HighFederal Register of LegislationActNo. 86, 2026
An 8-schedule Act giving the Tax Practitioners Board new powers to suspend registrations and issue penalties and infringement notices for adviser misconduct, and reworking parts of the merger control regime in the Competition and Consumer Act so an unnotified merger is voidable rather than void.
Consider briefing transaction teams on the change from void to voidable for unnotified mergers, and flagging the new Board sanctions to any tax advisory practice in the group.
15 September 2026MediumFederal Register of LegislationLegislative instrumentF2026L01215
An ASIC instrument setting the terms on which directors' interests must be disclosed, remade for the current relief cycle. It affects listed company secretaries and boards.
It may be worth refreshing director interest notice templates and the company secretary's checklist against the remade instrument.
15 September 2026HighFederal Register of LegislationLegislative instrumentF2026L01209
Sets who counts as a qualified accountant for the purpose of the accountant's certificate used to classify wholesale and sophisticated investors. It affects fund managers, advisers and accountants issuing those certificates.
Consider checking that wholesale-client onboarding accepts certificates only from persons who still qualify under the remade instrument.
15 September 2026HighFederal CourtCase[2026] FCA 1380
On an urgent ex parte application, the Court froze assets, restrained a director from travelling and ordered disclosure, after ASIC raised concerns about an unregistered property development scheme that raised about $19.1m from 111 investors via promissory notes.
Consider reviewing whether any client raising money through promissory notes is in fact operating a managed investment scheme requiring registration.
14 September 2026MediumACCCEnforcement
Realestate.com.au removed restrictive clauses from its agent contracts after an ACCC investigation. It is a reminder that platform terms limiting how customers deal with competitors attract competition scrutiny.
Consider reviewing standard contracts for exclusivity or restraint clauses that limit customers' dealings with rivals.
14 September 2026HighFederal CourtCase[2026] FCA 1362
The Court stayed a superannuation release claim indefinitely after finding real doubt that the 74-year-old applicant had authorised the proceeding, and referred the solicitor's conduct to professional regulators. It matters to super trustees and to firms taking instructions where a third party is driving the claim.
Consider strengthening client identity and authority checks where instructions for a vulnerable client come through an intermediary.