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05 November 2026 Financial Services Intelligence Watch

ASIC issues A$4.3 million in penalties for late financial reporting

The Australian Securities and Investments Commission (ASIC) has issued infringement notices totalling A$4.356 million to 22 large proprietary companies for allegedly failing to lodge their audited financial reports on time for the 2025 financial year. In a statement issued on 4 November 2026, ASIC confirmed that each company ...

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Working Smart

By Lee Rossini

Key performance indicators (KPIs) are specific metrics used by businesses to assess how effectively they are achieving their strategic and operational objectives. They translate business goals into measurable outcomes, enabling managers to monitor performance, identify areas for improvement and make informed decisions. In financial services, where profitability, client trust, regulatory compliance and risk management are essential, KPIs provide an important framework for measuring success.

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