ASIC chairman Joe Longo says there is a gap in how unacceptable behaviour by senior officials in statutory roles can be dealt with that is “a serious policy issue” for the government to solve.
The Albanese government said it would consider Mr Longo’s comments, which followed revelations in The Australian Financial Review that his former deputy told previous ASIC chair James Shipton she could have “destroyed” his career.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
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
Aaron Patrick was a senior correspondent at The Australian Financial Review.