Australia: Fund Management/ REITs

Australia's proposed capital gains tax reforms may inadvertently undermine government efforts to strengthen sovereign defence capability and innovation. As the nation faces increasing global instability and supply chain vulnerabilities, changes to the CGT regime could discourage investment in defence-focused startups precisely when such investment is most critical to national security objectives.

ASIC outlines key financial reporting, audit and sustainability focus areas for FY 2026–27

The 2026-27 Federal Budget introduced the most significant capital gains tax reforms in 25 years, replacing the 50% CGT discount with cost base indexation and a 30% minimum tax. Combined with new ASIC instruments on stamp duty and portfolio holdings disclosure, investment fund managers face coordinated disclosure, operational and structural challenges requiring substantial work over the next 12 to 18 months.

Australia's private credit market has experienced remarkable growth in recent years, with some estimates valuing it at approximately $200 billion.

Learn more about how public or bank holidays may affect your reporting requirements.

A Virtual Power Purchase Agreement (VPPA) is an instrument that closely follows the financial settlement terms of a Contract for Difference (CFD).

ASIC has issued periodic reminders and warnings to AFS licensees and Australian Credit Licensees.

The Australian Securities & Investments Commission ("ASIC") is increasing its focus on private markets, adopting a similar approach to other international regulators.

The consultation from October 2024 discusses the revisions proposed to the existing technical standards.