The market regulator, prompted by the fall in the airline’s shares, wrote to the Australian Competition and Consumer Commission to determine the timeline behind its investigation of Qantas – and whether directors or executives had knowledge of it.
A member of the Australian Securities and Investments Commission’s markets enforcement team wrote to her counterpart at the competition regulator in September “to get a better understanding” of the scope of its soundings.
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Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com
