Financial Standard Comments - ASIC to scrutinise The New Daily Confusion about the funding model of The New Daily has shown no sign of abating, after Nationals Senator John Williams requested the Australian Securities and Investments Commission (ASIC) scrutinise The New Daily on the grounds that it is a bad investment. https://www.financialstandard.com.au/feed/latest?story=36363607 Thu, 21 Nov 2013 14:11:05 +1100 Thu, 21 Nov 2013 14:11:05 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by John SIMPSON (EzePlan) Senator Williams,
The other question to be added to your list is:
"What fees will be paid to directors and staff of the New Daily including Garry Weaven?"

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]]> John SIMPSON (EzePlan) Thu, 21 Nov 2013 14:11:05 +1100 Comment by Ross Cardillo (Ross Cardillo Financial Services)

Unbelievable that these industry Funds are allowed to use members money to begin a newspaper which has the potential to promote themselves and their views. As the Senator says they should return the money to members with lower fees.

Another one missed by ASIC

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]]> Ross Cardillo (Ross Cardillo Financial Services) Fri, 22 Nov 2013 12:01:59 +1100