PRIVATIZATION – ECONOMIC ASPECTS – AUSTRALIA

Canberra cans plan to privatise ASIC Registry

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Original article by Joanna Mather
The Australian Financial Review – Page: 8 : 20-Dec-16

The Federal Government has decided against privatising the Australian Securities & Investments Commission (ASIC)’s registry business. The Government informed on 19 December 2016 that final bids for the business were not high enough to justify the change in the status of the registry. ASIC collected $A768 million in fees in 2015-16.

CORPORATES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, GETUP LIMITED, COMPUTERSHARE LIMITED – ASX CPU, BOREALIS INFRASTRUCTURE MANAGEMENT INCORPORATED, TERANET, LAZARD AUSTRALIA PRIVATE EQUITY PTY LTD, VEDA GROUP LIMITED, INFORMATION SERVICES GROUP, BROOKFIELD ASSET MANAGEMENT INCORPORATED

Hockey seeks foreign funds for assets

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Original article by David Crowe
The Australian – Page: 15 : 6-Oct-14

Staff at US investment banks Bank of America Merrill Lynch, Citigroup, Morgan Stanley and JP Morgan Chase & Company will on 6 and 7 October 2014 hear from Australian Treasurer Joe Hockey. He is keen to attract major investors from the US for planned privatisation moves by state governments. The Federal Government is encouraging them to sell assets so that the funds can be reallocated to new infrastructure. Hockey will also meet with News Corporation executive chair Rupert Murdoch and Federal Reserve Bank of New York president William Dudley

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, NEWS CORPORATION – ASX NWS, BANK OF AMERICA CORPORATION, MERRILL LYNCH AND COMPANY INCORPORATED, CITIGROUP INCORPORATED, MORGAN STANLEY AND COMPANY INCORPORATED, JP MORGAN CHASE AND COMPANY, POWERLINK PTY LTD, ENERGEX LIMITED, ERGON ENERGY CORPORATION LIMITED, IFM INVESTORS PTY LTD, HASTINGS FUNDS MANAGEMENT LIMITED, CHINA MERCHANTS GROUP, TAWREED INVESTMENTS LIMITED, GROUP OF TWENTY (G-20), INTERNATIONAL MONETARY FUND, FEDERAL RESERVE BANK OF NEW YORK

IA boss slams asset recycling delays

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Original article by Mark Ludlow
The Australian Financial Review – Page: 3 : 25-Jul-14

Infrastructure Australia chairman Mark Birrell has expressed his support for the Australian Government’s asset recycling policy. The Federal Government wants the states to use the proceeds from privatisation for new infrastructure projects. Birrell has called on the Senate to pass the $A5 billion asset recycling plan, which the Government intends to introduce in Parliament in September 2014

CORPORATES
INFRASTRUCTURE AUSTRALIA|INFRASTRUCTURE PARTNERSHIPS AUSTRALIA|QUEENSLAND. TREASURY|NEW SOUTH WALES TREASURY. OFFICE OF FINANCIAL MANAGEMENT|NEW SOUTH WALES TREASURY. OFFICE OF STATE REVENUE|COUNCIL OF AUSTRALIAN GOVERNMENTS