Why It's Time for a New Financial System Inquiry
Thursday, February 22, 2024
Australian financial regulatory bodies like ASIC and APRA are failing to effectively enforce corporate laws, leading to a call for a new Financial System Inquiry to address deficiencies and drive bold reforms in the financial services sector. Liberal senator Andrew Bragg highlights the need for a recalibration and a thorough review of the financial system's structure and regulatory enforcement mechanisms.