There was plenty of activity in Parliament this month with three new Bills introduced, including the long-awaited Bill to legislate the objective of super.

Treasury released several significant consultations, including the Government’s Sustainable Finance Strategy which incorporates the introduction of mandatory climate-related financial disclosures and supporting taxonomy. Superannuation in Retirement and Delivering Better Financial Outcomes was also released.

ASIC was also busy with its enforcement activities, announcing 2024 enforcement priorities, issuing several infringement notices and receiving a successful judgement in several Federal Court cases.   

Jessica Pomeroy - Senior Regulatory Consultant
QMV Legal

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