The ASX’s bold ambition for Australia to be the most attractive and competitive place to list globally is a goal worth striving for, but it needs to be grounded in reality.
Commentary in recent days about proposed changes stemming from what is being referred to as the corporate regulator’s “landmark review” of Australia’s evolving capital markets skirts around the edges of what really needs to be said.
Some of the measures announced this week by the Australian Securities and Investments Commission represent a step in the right direction. But rather than pointing our market in the direction of the ASX’s stated ambition of becoming “the most attractive and competitive place to list globally”, they represent the bare minimum we need to do to catch up with our global peers and competitors.
Source: https://www.afr.com/markets/equity-markets/what-asic-s-review-into-public-and-private-markets-misses-20250615-p5m7il