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Why ASIC cannot afford to keep wearing ASX’s dirty laundry

With hindsight, ASIC should have run its inquiry into the stock exchange operator years ago.

ASIC and exchange operator ASX Ltd are as bad as each other.

They’ve been fluffing around with Australia’s precious and worth-protecting public capital markets by stumbling through outages and botched technology replacement projects to only now realise what’s really at stake.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/why-asic-cannot-afford-to-keep-wearing-asx-s-dirty-laundry-20250602-p5m46f