Behind the scenes of a decade of sharemarket scandals

Over the past 10 years, billions of dollars in shareholder capital have been destroyed in the Australian equity market as a result of unethical and poor decisions by management and boards.

Having had a front row seat to (and occasionally starring role in) a string of scandals, independent journalist Joe Aston says too often they are caused by human greed and ego, and that investors have a critical function in promoting governance.

In a candid fireside chat with Conexus Financial editor-in-chief Aleks Vickovich, Aston reflects on his 12 years helming the AFR’s notorious Rear Window column and takes listeners behind the scenes of some of the nation’s biggest corporate blow-ups.

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If the aim is fewer licensees, let’s say so and choose them wisely

If the aim is fewer licensees, let’s say so and choose them wisely

Shifting the burden of funding the ASIC levy from individual advisers to licensees sounds great in practice but could drive hundreds of smaller, well-run licensees out of business. If reducing licensee numbers is the intention, other ways must be found to do it.

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