Markets

The privatisation of ASIC’s billion dollar registry has stalled

The sale of exclusive access to Australia’s company registration information has been halted because bids from private enterprise didn’t go high enough. The Australian Securities and Investments Commission (ASIC) has 31 registries with more than 10 million company records, which generate about $820 million a year in revenue. The historical […]
The privatisation of ASIC’s billion dollar registry has stalled
Markets

The privatisation of ASIC’s billion dollar registry has stalled

The sale of exclusive access to Australia’s company registration information has been halted because bids from private enterprise didn’t go high enough. The Australian Securities and Investments Commission (ASIC) has 31 registries with more than 10 million company records, which generate about $820 million a year in revenue. The historical […]
The privatisation of ASIC’s billion dollar registry has stalled