News & politics live recap: Tanya Plibersek calls for sporting standards and illicit tobacco crackdown
RECAP: Tanya Plibersek says Australia needs to do a better job of policing illicit tobacco sales and sporting codes need to to use authority to set standards.
Scroll down for the latest news and live updates.
Key events
19 Aug 2026 - 03:42 PM
Cook accuses ‘jealous’ East Coast states of hating WA’s success amid GST war
19 Aug 2026 - 03:01 PM
Aussie wages lagging behind inflation for a year
19 Aug 2026 - 02:43 PM
Plibersek says states should do a better job of policing illicit tobacco sales
19 Aug 2026 - 12:52 PM
JENI O’DOWD: Guns and superannuation expose One Nation’s true colours
19 Aug 2026 - 12:38 PM
‘Deeply embarrassed & ashamed’: Swans bosses on player bans
19 Aug 2026 - 10:30 AM
Super telemarketers to be hit with ban
19 Aug 2026 - 10:10 AM
‘Wake-up call’: AUSTRAC detects widespread mortgage fraud
19 Aug 2026 - 09:51 AM
Aussie workers suffering 0.6 per cent real wage cut
19 Aug 2026 - 09:41 AM
Hastie confident in ability to fend off One Nation despite ‘dirty and nasty’ fight
19 Aug 2026 - 09:07 AM
Thai PM labels talks with Albanese as ‘productive’
19 Aug 2026 - 08:55 AM
Albanese welcomes Thai PM with joint statement on criminal networks
19 Aug 2026 - 08:37 AM
‘Full of s..t’: Hanson launches super attack on Chalmers
19 Aug 2026 - 07:41 AM
‘This is a big deal’: Butler hails NDIS agreement
19 Aug 2026 - 06:53 AM
What’s on the agenda during Thai PM’s visit to Australia
19 Aug 2026 - 06:11 AM
‘Confident in our forecast’: Butler swipes away rent raise fears
19 Aug 2026 - 05:27 AM
Cash slams Labor’s ‘toxic’ housing taxes, accuses O’Neil of ‘gaslighting’ renters
19 Aug 2026 - 04:56 AM
Crackdown unveiled on harmful superannuation practices
Crackdown unveiled on harmful superannuation practices
Hawkers who use social media to lure people into putting retirement savings into risky investments will be put on notice under reforms drafted after several investment schemes collapsed.
Assistant Treasurer Daniel Mulino will unveil the long-awaited consumer protection reforms, which follow the collapse of First Guardian and Shield Master Funds, in an address to the National Press Club on Wednesday.
Among the measures is a crackdown on lead generators, who used social media, online ads and cold calls to lure people into putting their retirement savings into risky investments such as the Shield and First Guardian managed investment schemes.
Unlicensed real time communication about superannuation will be banned while licensees will be required to take reasonable steps to ensure lead generation activities comply with legal requirements.
The anti‑hawking regime will also be bolstered, with stronger consent requirements, limiting the exemption for financial advisors to existing clients and harsher penalties for breaches.
“These reforms are designed to disrupt some of the most damaging business models operating in the system today,” Dr Mulino said.
“They target the point at which consumers are first exposed to harm and reduce the ability of bad actors to gain access to consumers in the first place.”
with AAP
