Inside story: How the ASIC soap opera forced Frydenberg to act
The Treasurer is now determined to make blue-chip appointments to draw a line under the soap opera that has engulfed the corporate watchdog during the James Shipton era.
Karen Chester gave James Shipton a public flaying during Senate estimates last year. Alex Ellinghausen
It was October 27 last year, and a big day for the Australian Securities and Investments Commission – the top dogs in charge of corporate crime were reporting to a Senate committee.
It was rainy in Canberra, balmy in Melbourne and by the end of the day Australia’s relatively unflappable federal Treasurer Josh Frydenberg may have wished he was on a slow boat to the Antarctic, or at the very least had a large bucket of cold water at hand.
Pamela WilliamsWriter-at-largePamela Williams is The Australian Financial Review’s writer-at-large.
She is an investigative reporter and author, and has won six Walkley
Awards and the Graham Perkin Journalist of the Year Award. Email Pamela at pamela.williams@afr.com.au
