The Financial Services Council (FSC) welcomes ASIC’s Advancing Australia’s Evolving Capital Markets Discussion Paper Response Report and its ongoing constructive engagement with industry on these significant issues.

The Financial Services Council welcomes the Government’s commitment to streamline the foreign investment framework, which will reduce unnecessary red tape for trusted institutions engaging in lower risk investment activity, while focusing scrutiny for higher-risk transactions.

The Financial Services Council’s Innovation in Retirement forum, held in Sydney on 16 October 2025, welcomed a capacity audience of over 280 attendees from more than 80 companies.  Drawing on its deep connections across industry, government, and regulation, the FSC brought together CEOs and senior leaders from the retirement and superannuation landscape—including leading retail and not-for-profit funds, regulators, institutional investors, technology experts, and financial advice businesses—to explore the future of retirement in Australia.

The Financial Services Council (FSC) welcomes the Treasurer’s announcements today that the Government has revised its policy proposal in relation to taxing high superannuation balances and that it will also boost the low-income superannuation tax offset (LISTO).

The Financial Services Council (FSC) welcomes the introduction of the Payday Superannuation Bill to parliament today, which will ensure that Australians start earning returns on their retirement savings sooner, but also provides flexibility for employers to move to full compliance.

The Financial Services Council (FSC) welcomes the Government’s recognition of the industry’s work to promote best practice investment governance and increase consumer protections in the superannuation platforms sector.