The financial planning industry can no longer rely as heavily as it has on the Australian Securities and Investments Commission (ASIC) to find and chuck out the industry’s bad apples. Over the coming four years the budget of the corporate watchdog will be cut by about $120 million. ASIC chairman Greg Medcraft told Senate Estimates
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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