Australian Stocks Slide After Shock ASIC Move Slaps AU$150 Million Capital Charge on ASX
Australia’s share market faced renewed pressure after a regulatory bombshell rattled investor confidence, with the Australian Securities and Investments Commission imposing a massive AU$150 million capital charge on the Australian Securities Exchange. The move sent ripples across financial stocks and triggered a broader market pullback as traders reassessed risk, regulation, and future profitability in one … Read more