HOW TO GET READY FOR ASRS - AUSTRALIA

KNOW WHO MUST REPORT.

Starting with Australia’s largest corporates and cascading down to smaller groups, this regulatory change will eventually affect approximately 6,000 entities. As the thresholds are lowered between 2025 and 2028 and more companies must comply, the standards will extend further across the economy than previous reporting standards.

What reporting group do I belong to? Entities that meet two of three criteria

When is the first reporting year?*

Calendar year reporters

Financial year reporters

Data collection starts: 01-Jan-25 First reporting period: 01-Jan-25 to 31-Dec-25 Report in 2026 Data collection starts: 01-Jan-26 First reporting period: 01-Jan-26 to 31-Dec-26 Report in 2027

Data collection starts: 01-Jul-25 First reporting period: 01-Jul-25 to 30-Jun-26 Report in 2026 Data collection starts: 01-Jul-26 First reporting period: 01-Jul-26 to 30-Jun-27 Report in 2027

1. Consolidated revenue: $500m+ 2. EOFY consolidated assets: $1b+ 3. Employees (FTE): 500+

When do I need to lodge with ASIC?

GROUP 1

* Also includes NGERS reporters

Publicly listed corporations: 4 months after end of respective financial year

1. Consolidated revenue: $200m+ 2. EOFY consolidated assets: $500m+ 3. Employees (FTE): 250+

GROUP 2

NGERS reporters: 31 October of reporting year

*Also includes asset owners with $5b+ under management

Group 1-3 entities: 3 months after end of calendar or financial year

Data collection starts: 01-Jan-27 First reporting period: 01-Jan-27 to 31-Dec-27 Report in 2028

Data collection starts: 01-Jul-27 First reporting period: 01-Jul-27 to 30-Jun-28 Report in 2028

1. Consolidated revenue: $50m+ 2. EOFY consolidated assets: $25m+ 3. Employees (FTE): 100+

GROUP 3