ASIC eyes off researchersBY BEN COLLINS | TUESDAY, 11 DEC 2012 12:00PMAustralia's corporate watchdog will conduct targeted surveillance of research report providers after it unveiled updated policy to improve the reliability of their products yesterday. |
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.







ASIC has a track-record of absolute failure in the area of consumer protection, there needs to be a change in focus from a reactive approach to a proactive approach. In this way schemes/scams such us Wattle, Heather Parry scheme, and off course Storm would have not got off the ground or at least the losses by investers would have been kept to a minimum. Instead of going on for years and years which in itself gives the scams/schemes more credibility.
As far as I am aware (and I have made enquiries) ASIC does not fall under any Ministerial portfolio, so who is eyeing ASIC?