Jul 1, 2026 – 7.17pmThe federal government has no timeline for tightening regulation of the big four auditing partnerships despite acknowledging repeated governance failures at the firms.Assistant Treasurer Daniel Mulino, who released a Treasury options paper on the sector after a two-year delay on Wednesday, said reform was a “real priority for the government”. But he also conceded to not having “too strong a predisposition” about which options he favours and noted there was “no particular timeline” for new rules.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles