ASX urges reforms to encourage companies to list in Australia
The ASX wants new rules to incentivise business founders to list their companies in Australia, saying the current approach is driving companies to stay private or trade overseas.
The ASX wants new rules to incentivise business founders to list their companies in Australia, saying the current approach is driving companies to stay private or trade overseas.
Outgoing CEO Shayne Elliott says the latest alleged incident of market misconduct has nothing to do with previous scandals under his lengthy watch.
The corporate regulator has hit out at the millionaire factory’s failure to stop suspicious trading, and slapped it with a remediation plan to help lift its game.
WiseTech founder Richard White says he’s rehired a key loyalist and is head hunting a ‘Silicon Valley type’ to the software company where his grip on power grows.
After a failed two-year pursuit through the courts, Melbourne-based Fortrend Securities’ boss has been told he will have to pay millions of dollars in costs for a case that was ‘without merit’.
As business leader disquiet grows over the impost of a tax on unrealised capital gains, Ryan Stokes has launched a scathing attack on Labor’s proposal.
Too many whistleblowers were going directly to ASIC’s chair and its commissioners, but an automated system appears to have backfired as tipsters are left in the dark on investigations.
Sydney’s eastern suburbs are home to two very different tales of the private credit boom, which is largely a $188bn mystery to market regulator ASIC.
Jon Adgemis has handed over just $100,000 of $600,000 owed to administrators by a May deadline 1, further delaying an agreement to pay his former hospitality staff.
Peak bodies and lenders are largely unified on better protections for retail investors, but at what cost? Some backers say simply asking for more disclosure won’t counter ASIC’s fear of a private credit blow-up.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/5