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Building Oversight Failures

Home Improvement

PhilT 16 July 2023 22:48 442

ASIC Oversight and Actions Money

ASIC not in action! And failures of many others beyond ASIC. https://www.abc.net.au/news/2023-07-17/dyldam-apartments-fayad-construction-four-corners/102598590 Ministerial responsibility yet to be accounted for? It gets worse. Time and again, a litany of potential law-breaking has been identified by those brought in to clean up the mess left by busted Dyldam companies. Yet, for years the corporate regulator, the Australian Securities and Investments Commission (ASIC), took no action.

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