Chalmers gives financial regulators fresh marching orders
Treasurer Jim Chalmers announced new directives for Australia’s financial regulators on Tuesday, emphasizing economic growth in their oversight. Chalmers stated these changes are designed to balance regulatory burdens with productivity, potentially saving the financial sector $780 million annually. The updated expectations reflect priorities outlined in the recent budget's $10 billion productivity package.
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Published 15 Jul 2026, 23:42 UTC · Updated 15 Jul 2026, 23:50 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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