The Weekly Issue #6

Issue #6

19 October 2026 • Edited by Finance Desk

Regulators set the pace. AUSTRAC starts fining accountants and jewellers, Gina Cass-Gottlieb gets another term at the ACCC, and penalties for unfair contract terms and greenwashing get real. Elsewhere: the $155 billion data-centre boom, CFOs' first quarter on Payday Super, hospitality closures and walk-away retail leases, and Brandon Craig taking over at BHP.

01
Finance Data Centre Boom Ignites $155 Billion Investment Surge, But Risks Echo LNG Lessons

A $155 billion data centre pipeline is reshaping the economy and positioning Australia as an AI powerhouse, but foreign ownership and rising power costs raise questions over who benefits.

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02
Legal Payday Super Is Live: What CFOs Need to Know After the First Quarter

Since 1 July 2026, employers must get superannuation into workers’ funds within seven business days of each payday, under a tougher charge and penalty regime.

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03
Policy AUSTRAC has started writing tickets to accountants and jewellers

Around 100,000 small firms came under anti-money laundering law on 1 July. The infringement notices began at the end of September, at A$21,840 a time.

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04
Profiles Gina Cass-Gottlieb Gets a Second Term to Bed Down the Biggest Shake-Up of Merger Law in Half a Century

The Albanese government has nominated the ACCC chair for another five years from March 2027, keeping a former Gilbert + Tobin competition partner in charge as the new merger regime matures.

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05
Legal CashnGo’s $3.5 Million Penalty and the ACCC’s Amazon Case Show Unfair Contract Terms Now Carry a Real Price

Nearly three years after penalties for unfair contract terms took effect, regulators are testing the regime in court, with a payday lender penalised and Amazon facing an ACCC claim.

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06
Legal Fiducian’s $7.3 Million Penalty Turns Greenwashing Into a Governance Problem for Fund Boards

ASIC’s fourth greenwashing civil penalty is the first to rest on a responsible entity’s duty of care and diligence, putting fund governance on notice.

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07
Workplace One in eight: hospitality's closure rate says the worst is still ahead

More than 12 per cent of cafés, restaurants and takeaway businesses have closed in a year, and the payment data published since has got worse, not better.

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08
Industries Three retailers walked away from their leases in a week

Lush is exiting every Westfield in the country. None of the week's exits is publicly about rent, which is the part a small tenant should think hardest about.

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09
Industries What a small business commissioner can actually do for you

Victoria's new commissioner arrives from Beyond Blue by way of the Fair Work Ombudsman. The combination says something about what the role has become.

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10
Profiles Brandon Craig’s BHP: The Copper Man Takes Charge of the Big Australian

BHP’s new chief executive, a 25-year company veteran who led its Americas copper and potash growth push, took over from Mike Henry on 1 July.

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