The Australian Financial Review has recently reported on the failures of the Australian retail corporate bond market and called out red tape as the culprit.
It is true that the domestic Australian non-bank corporate bond market is sub-scale, bordering on anaemic. The question is why? There are myriad compelling factors.
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Jeremy Cooper is Strategic Adviser – ESG at MinterEllison. He was formerly chairman of retirement income at Challenger Limited, chaired the 2010 government review of super, and is a former deputy chair of ASIC.
