AASB

regulator

Last mentioned: Feb 24, 2026

Timeline

  1. Group 3 Commencement

    Smaller entities meeting specific thresholds begin mandatory disclosures.

  2. Group 2 Commencement

    Medium entities (over 250 employees or $500M+ assets) enter the reporting regime.

  3. Group 1 Commencement

    Large entities (over 500 employees or $1B+ assets) begin their first reporting period.

  4. Legislation Passed

    The Treasury Laws Amendment Bill 2024 passes the Australian Parliament.

Stories mentioning AASB 1

Regulation Neutral

Labor's Mandatory Climate Disclosures Redefine Australian Corporate Reporting

The Australian Labor Government's landmark mandatory climate-related financial disclosure regime is fundamentally altering the corporate reporting landscape. This shift mandates that large and medium-sized entities integrate climate risk and emissions data into their annual financial reports, aligning Australia with international sustainability standards.

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