SYDNEY, June 16 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) will streamline aspects of the Financial Accountability Regime (FAR) to reduce regulatory burden without lowering accountability standards. Under the regulators' proposed changes, APRA and ASIC will remove key functions requirements from the FAR regulator rules; raise the mat...
SYDNEY, June 16 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has commenced the final phase of its governance review by setting out updated requirements designed to strengthen governance across banking, superannuation and insurance. APRA's requirements around governance and fitness and propriety aim to ensure its regulated entities are governed by leaders with the skills, experience and character needed f...
India, June 15 -- Abhay Bhutada Foundation has partnered with the Ultimate Pickleball League - Pune Edition 2026, continuing its support for various sporting initiatives that encourage a stronger culture of fitness among people. The tournament is scheduled to take place in Pune on 9th and 10th May 2026, with participation expected from more than 180 players, including several leading names in the sport. The association reflects the Foundation's continued engagement in initiatives that encourage...
India, June 15 -- A study conducted by FindMyCollege, covering more than 1 lakh active IT jobs in the current market, finds the pay ladder starting at a median of ₹2.6 LPA (lakhs per annum), rising to ₹25 LPA for experienced roles. However, a new mid-career band gap has emerged. This segment has also been historically the largest in the Indian IT sector, making up nearly 57% of the IT hirings in the market. But, currently, its getting strangled due to artificial intelligence consolidating many r...
India, June 15 -- The Indian fashion industry continues to evolve rapidly, driven by changing consumer preferences, digital commerce, and the growing demand for affordable yet stylish apparel. Amid this transformation, ZAKH has emerged as a promising new entrant with a clear vision of making contemporary fashion accessible to a wider audience. Founded in September 2025 and operational since April 2026, the Delhi-based brand is steadily building its presence in the highly competitive fashion mark...
CANBERRA, ACT, June 15 -- The Prime Minister of Australia issued the following media release: ANDREW LEIGH, MEMBER FOR FENNER:Good afternoon, everyone. My name's Andrew Leigh, the Assistant Minister for Productivity, Competition, Charities and Treasury, and for the purposes of today, the Federal Member for Fenner. It's a real delight to be here on Ngunnawal land with the Prime Minister and Housing Minister to inspect this great social and affordable housing development. We're here in the suburb...
CANBERRA, ACT, June 15 -- The Prime Minister of Australia issued the following media release: The Australian Government welcomes the agreement by the United States and Iran. Australia has long called for de‑escalation and an end to the conflict, including in Lebanon. As we have said, the longer this war goes on, the greater the impact will be. Continued restraint and constructive engagement will be essential to prevent further escalation and secure a lasting agreement. We are pleased t...
SYDNEY, June 15 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published notes from two Superannuation CEO Roundtables, held on 8 and 15 April 2026. The roundtables were attended by 12 superannuation CEO representatives from a broad cross-section of the industry (see Appendix I in the attachment below for the full list of attendees). Atte...
CANBERRA, ACT, June 14 -- The Treasurer of Australia issued the following transcript: Note Subjects: tax reform legislation Tara Brown: Thank you for your time, Treasurer. Jim Chalmers: Thanks very much, Tara. Brown: Did you intend to make life harder for young Australians? Chalmers: Of course not. This is all about making it easier for young Australians to buy their first home. And it's also about cutting taxes for workers and better aligning the tax treatment of labour income and ass...
CANBERRA, ACT, June 14 -- Australian Federal Police issued the following media release: This is a joint release between the Australian Federal Police and Australian Criminal Intelligence CommissionPlease Note: Case studies and graphics are available:https://spaces.hightail.com/space/GO4oIsK2bS Australian Federal Police (AFP) Commissioner Krissy Barrett and Australian Criminal Intelligence Commission (ACIC) CEO Heather Cook will help spearhead new tech partnerships and AI solutions at a meeting...