Leadership of the corporate watchdog is set for a shake-up as Treasurer Jim Chalmers prepares to replace up to four commissioners in coming months as part a broader push to refresh the nation’s economic institutions.
Australian Securities and Investments Commission chairman Joe Longo announced to staff on Tuesday that Danielle Press, whose five-year term expires in mid-September, would not continue as a commissioner.
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com