Business
ASIC under pressure – The Saturday Paper
The expenses scandal at ASIC masks a more serious concern: that the government will now overhaul the agency and wind back regulation of the banking and finance…
The Australian National Audit Office is not known for colourful language. Its reports and communications are normally dry, the facts left to speak for themselves.
So, the letter sent by the auditor-general to Treasurer Josh Frydenberg this week was equivalent to shouting and banging the table.
It told Frydenberg that not only had payments been made to the chair and deputy chair of the Australian Securities and Investments Commission in breach of government rules, but also that the agency couldnt…
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