Australia

ASIC Consults on Relief for Managed Discretionary Accounts

The Australian Securities and Investments Commission (ASIC) is consulting on proposed changes to relief for managed discretionary account (MDA) services, which is due to expire on 1 October 2026. ASIC is seeking feedback on whether to extend the relief and if any substantive or simplification changes should be made to its policy settings.

ASIC Moneysmart Warns Gen Z on AI Financial Advice Trust

ASIC's Moneysmart website has published new guidance for consumers, particularly Gen Z, on the use of publicly available AI tools for financial information. The guidance highlights the limitations of AI and encourages users to verify information with trusted sources or licensed financial advisers.

Social Security Determination for Queensland Flooding

The Australian Department of Home Affairs has issued a determination under the Social Security Act 1991 to provide social security assistance related to rainfall and flooding in Queensland during February to March 2026. This determination specifies the conditions and eligibility for affected individuals.

Social Security Determination for NT Flooding

The Australian Department of Home Affairs has issued a determination under the Social Security Act 1991 to provide social security assistance related to flooding in the Northern Territory during February-March 2026. This determination specifies the conditions and eligibility for affected individuals.

Radiocommunications Transmitter Licence Tax Determination 2025

The Australian Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts has issued the Radiocommunications (Transmitter Licence Tax) Determination 2025. This legislative instrument sets the tax rates for transmitter licences.

Therapeutic Goods (Medical Devices) Regulations 2002

The Therapeutic Goods (Medical Devices) Regulations 2002 have been updated and are now in force as of March 21, 2026. These regulations, administered by the Department of Health, Disability and Ageing, outline requirements for medical devices under the Therapeutic Goods Act 1989.

Migration Regulations 1994 Amendment

The Australian Department of Home Affairs has updated the Migration Regulations 1994. This amendment, effective March 1, 2026, involves a citation change and backcapture in accordance with the Legislative Instruments Act 2003.

Western Tuna and Billfish Fishery (Overcatch and Undercatch) Determination 2026

The Australian Department of Agriculture, Fisheries and Forestry has issued the Western Tuna and Billfish Fishery (Overcatch and Undercatch) Determination 2026. This determination, authorized by the Fisheries Management Act 1991 and the Western Tuna and Billfish Fishery Management Plan 2005, sets out new regulations for the fishery.

Marine Orders Miscellaneous Amendment Order 2026 (No. 3)

The Australian Department of Infrastructure, Transport, Regional Development, Communications, Sport and the Arts has issued the Marine Orders Miscellaneous Amendment Order 2026 (No. 3). This legislative instrument amends existing marine orders under the Navigation Act 2012.

Maritime Transport Prohibited Items Determination 2026

The Australian Department of Home Affairs has issued the Maritime Transport and Offshore Facilities Security (Prohibited Items) Determination 2026. This legislative instrument, authorized by the Maritime Transport and Offshore Facilities Security Act 2003, defines specific items that are prohibited in maritime transport.