In a recent report titled “Embracing the power of digital corporate reporting: A mandate for change,” Deloitte Access Economics highlights the urgent need for Australia to adopt digital reporting to streamline and enhance corporate reporting and increase the visibility of its public markets.
The Australian government has initiated a second consultation seeking input on the implementation of standardised climate-related financial disclosures in the country. The goal is to closely align these requirements with the recently published standards from the International Sustainability Standards Board (ISSB), promoting global comparability.
Australia’s financial regulator, the Australian Prudential Regulation Authority (APRA), has been mandated by the government to incorporate climate change-related risks into its role.
The Australian Securities & Investments Commission (ASIC) Chair Joe Longo delivered a speech at the AFR environmental, social, and governance (ESG) Summit, shedding light on the crucial role of ESG reporting and its impact on attracting investment.
In a speech at the RI Australia 2023 conference, ASIC Deputy Chair Karen Chester emphasised the regulator’s focus on sustainable finance and the need to tackle greenwashing with sustainability disclosures.
The Australian government is set to establish a new authority aimed at ensuring that workers, industries and communities can take advantage of the opportunities presented by Australia’s net zero transition.
The Australian Prudential Regulation Authority (APRA) has released its policy and supervision priorities for 2023, including a focus on modernisation of prudential architecture.
The Australian Government Treasury published a consultation paper in December looking for input on the key considerations for the design and implementation of standardised, internationally aligned disclosure requirements for climate-related risk and opportunities.
The Australian Prudential Regulation Authority (APRA) has released its final Prudential Standard APS 330 Public Disclosure for locally incorporated authorised deposit-taking institutions (ADIs). The new standard follows a public consultation, and will be effective from 1 January 2023.
CPA Australia’s INTHEBLACK magazine discusses ‘Why digital financial reporting should be mandatory,’ as momentum toward digitisation Down Under continues to build.
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