ASIC stories

Government agencies outpace the private sector in quantum computing readiness, urging urgent action to protect future cybersecurity and national security.

ASIC's new rules mandate insurance brokers to obtain and record client consent before commissions, sparking a rise in digital consent management tools across Australia.

Australian ag-tech firm Ruminati updates its emissions platform to help advisors support agricultural producers with new sustainability compliance and reporting needs.

In 2025, privacy demands more than compliance; organisations must embed it into culture, governance and cyber risk to meet rising regulatory and societal expectations.

NVIDIA launches NVLink Fusion, a silicon tech enabling partners to build bespoke AI infrastructure, integrating CPUs from Fujitsu and Qualcomm with NVIDIA GPUs.

Fortinet has launched the FortiGate 700G series, a next-gen firewall offering up to seven times faster performance and AI-driven security for campus environments.

Co-packaged optics promise increased efficiency in AI data centres by reducing power use through integrated switch and optical components, speeding innovation.

The Federal Court rules in favour of Block Earner, overturning ASIC's claims and ordering the regulator to pay the fintech firm's legal costs.

FinTech Australia is urging the government to revamp R&D tax incentives as investment in early-stage fintechs declines, risking a two-speed sector.

Australia faces a surge in corporate insolvencies, with tech firms like Plutora racking up debts of AUD $37.3 million as businesses turn to software escrow for protection.

New legislation mandates annual sustainability reports for large companies, requiring detailed emissions and climate risk disclosures by 1 January.

Airwallex has become the first major payments firm to secure an Australian Financial Services Licence, enabling its expansion into retail investment products.

Report It Now has launched in Australia, offering its EthicsPro SaaS to aid organisations in handling whistleblowing, regulatory concerns, and ethical conduct.

Major Australian firms like Deloitte and PwC back mandatory digital ESG reporting to comply with evolving regulations, aiming for easier, accurate disclosures.

Siemens unveils Catapult AI NN, a new software to streamline AI accelerator development, allowing for efficient, power-optimised SoC designs.

AI, cybersecurity, and tech skills dominate the 2024—25 Federal Budget, but experts say more support for startups is essential for long-term innovation.

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.

AI-washing prompts ethical debates and legal challenges in corporate Australia, as companies risk fines for making false claims about their AI technology use.

The accelerating need for high-performance computing, driven by emerging technologies, is set to fuel a growth surge in the data centre accelerator market, with predictions for it to reach USD $89.8bn by 2031, up from USD $14.4bn in 2022.