Australian Regulatory Updates

A technical update to PBS chemotherapy funding rules was in force from 31 July 2026 to 12 October 2026 before being repealed.

A notice of proposed proclamation to amend Norfolk, Lord Howe and Gifford Marine Parks and revoke Cascade Pier was registered on 31 July 2026.

A technical amendment to PBS pricing and payment rules for pharmacies was in force from 31 July 2026 to 12 October 2026, then repealed.

The Fair Work Commission is hearing a case to increase minimum pay rates under the Nurses Award 2020. Two determinations are already in effect.

The QBCC's Rapid Assess and Triage Team finalised almost 1,000 licence applications in under 10 days between March and May 2026. Current average is 25 days.

ASIC is lifting minimum net tangible assets thresholds for responsible entities, IDPS operators and retail CCIV corporate directors, effective 1 July 2027.

The Federal Court has permanently disqualified Larry Dawson from managing companies after a $7 million superannuation fraud scheme involving fake websites and c

ASIC reviewed eight banks and found offset account failures affecting over 250,000 customers, with more than $55 million in compensation already paid.

ASIC has finalised new substantial holding notice rules for listed entities on Australian financial markets, taking effect from 4 December 2026.

The Federal Register of Legislation published a Notice of Rulings dated 29 July 2026 under registration number F2026N00543.

ASIC registered a new legislative instrument on beneficial ownership for listed entities on 29 July 2026. Read the full text on the Federal Register.

ASIC registered a new legislative instrument on 29 July 2026. Details on what is amended or repealed are available at the Federal Register of Legislation.

A new notice registered 29 July 2026 declares Gold Coast Airport a security controlled airport and establishes its airside area under the Aviation Transport Sec

The ATO has updated its WET producer rebate ruling. The maximum rebate for Australian wine producers increases from $350,000 to $400,000 from 1 July 2026.

The ATO has released draft ruling GSTR 2026/D2 on Recipient Created Tax Invoices (RCTIs). Key rules, requirements, and how to submit feedback explained.

The ATO has issued a minor typographical correction to Taxation Determination TD 2012/2, fixing a legislative reference in paragraph 2B. No substance changed.

The ATO has updated LCR 2016/6 to reflect a 15% withholding rate on all property purchases from foreign residents from 1 January 2025, with no minimum threshold

The ATO has issued an addendum to LCR 2019/3 on hybrid mismatch rules, correcting typos and a section reference. No tax obligations have changed.

ASIC found some mortgage offset accounts were not properly linked to home loans, costing customers extra interest. Over $55 million in compensation was paid.

A new federal legislative instrument for the Supporting Australia's TCF Industry Program came into force on 28 July 2026, replacing the 2023 version.