Australian Securities and Investments Commission

Public sector underpins Turnbull’s new pragmatism

The 2017-18 Budget unveils a major new role for the public sector to drive infrastructure and regional development, with multi-billion dollar funds and delivery agencies, a buyback of Snowy Hydro from NSW and Victoria, and a new housing affordability package. Read More

ASIC probes Centrelink corporate welfare bludger

Financial exploitation of welfare recipients through the Department of Human Services’ Centrepay automatic deductions facility is again under the regulatory spotlight after ASIC confirmed it is again investigating key ‘consumer leasing’ player, Radio Rentals. Read More

ASIC registry sell-off scuttled

Despite hopes to reap billions, final bids did not deliver a net financial benefit for the Commonwealth. The big question now is whether open data principles will be extended to make corporate records free to access. Read More