The Weekly Issue #7

Issue #7

26 October 2026 • Edited by Finance Desk

A week of deadlines. Climate reporting's second wave, privacy rules for automated decisions, a coming ban on non-competes, AUSTRAC's first fines under the expanded AML regime and the end of drip pricing in 2027. Merchants are still waiting on card-fee cuts, and we profile Matt Comyn, Mike Cannon-Brookes, Melanie Perkins and Sarah Court.

01
Legal Climate Reporting’s Second Wave: Group 2 Is In, ASIC Has Marked Year One, and Treasury Is Rethinking Assurance

Thousands more companies are now in their first mandatory climate reporting year, as ASIC publishes its verdict on the first reports and Treasury consults on easing the regime’s costs.

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02
Policy Your biggest customer now has to count your emissions

Mandatory climate reporting will never apply to most small businesses directly. That is not the same as it never reaching them.

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03
Legal The 10 December Deadline: Is Your Privacy Policy Ready for the Automated Decision-Making Rules?

From 10 December 2026, businesses covered by the Privacy Act must disclose in their privacy policies when computer programs use personal information to make or substantially inform significant decisions.

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04
Legal The Non-Compete Ban Is Coming: What Employers Need to Know About the Draft Laws

Draft legislation released in September would ban non-compete clauses for workers earning under $190,100, with the government aiming for the reforms to take effect in 2027.

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05
Legal AUSTRAC Starts Issuing Fines as Lawyers, Accountants and Real Estate Agents Adjust to Life Under AML Laws

Four months after “tranche 2” anti-money laundering obligations took effect, AUSTRAC has begun issuing infringement notices to businesses that failed to enrol.

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06
Policy Seven of twenty: the card fee cuts most merchants haven't received

Only a handful of card acceptance plans have passed on the Reserve Bank's interchange reduction, and the data that would settle the question does not land until January.

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07
Policy Everything that changes for small business in 2027

Nine dated changes, in order, with the proposals marked as proposals. Most of them need work started well before the date itself.

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08
Profiles Matt Comyn’s CBA: Australia’s Biggest Bank Grows on Every Front as Rates Turn

Eight years into the job, Commonwealth Bank’s chief executive delivered an $11 billion cash profit and growth in all five core domestic product lines, just as rising rates test borrowers.

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09
Profiles Mike Cannon-Brookes Bets That AI Will Need More Software, Not Less

Atlassian’s co-founder and sole chief executive has cut staff, rebuilt the company around AI and is arguing that the “SaaSpocalypse” is overblown.

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10
Profiles Melanie Perkins and Canva’s Hardest Year: Growth, AI Bills and the IPO Question

Canva’s co-founder and chief executive chose to slow her company’s biggest AI launch to fix its economics, and she has paid for it with a valuation markdown.

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11
Profiles Sarah Court Takes the Chair: ASIC’s Enforcer-in-Chief Settles Into the Top Job

Five months into her term as the first woman to chair ASIC, Sarah Court is doing what she did as deputy: taking companies to court.

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