Finsia Foreign Investment Roundtable 15 November 2012
The refinement of Australia’s trade and macroeconomic goals in light of changes in dominant sources of foreign investment is essential to Australia’s position in the international community and, importantly, in the Asia Pacific region. The Foreign Investment Roundtable brought together business leaders, financial and legal industry experts, academics and commentators to generate considered and reasoned debate on foreign investment and Australia’s regulatory oversight of such investments.
The key insight from the Roundtable was that Australia is heavily reliant on foreign investment to ensure its economic prosperity and that the Government’s regulatory oversight was appropriate in balancing the need to attract investment and ensuring Australia’s national interest. A key recommendation highlighted by participants was the need for greater cooperation between industry and Government to dispel the widely held negative perceptions of foreign investment.
Consultation paper 126: Facilitating debt raising
On 19 February 2010, Finsia submitted a response to ASIC Consultation Paper 126: Facilitating Debt Raising. Finsia supports initiatives to facilitate the issue of corporate bonds in Australia, including to retail investors.
Navigating reform – Australia and the global financial crisis
The Navigating reform – Australia and the global financial crisis research report is the collaborative work of Access Economics and Finsia. It re-assesses the conceptual foundations of Australia’s framework of financial regulations in light of the global financial crisis (GFC). The report is structured around the following four key questions that arise from Australia’s experience of the GFC.
- Why was Australia’s experience of the GFC comparatively benign?
- What have we nearned about financial markets and their regulation?
- How might we change our regulatory arrangements in light of the GFC?
- Can Australia’s experience of the GFC be used to press our strengths as a regional financial centre?
Financial services regulation in focus
While finance industry professionals concede the need for greater governance and enforcement, they largely agree that the underlying strength of Australia’s financial regulatory environment protected us from the worst of the global financial crisis, and that the comparatively strong position of Australia’s finance sector should be used to the best advantage. This and other findings are set out in Finsia’s 2009 survey report.
In 2006, Finsia released a discussion paper containing proposals to reform Australia’s takeover regime to improve the market for corporate control, remove existing anomalies and protect the rights of minority shareholders.
Company reporting: the equity analysts' perspective
In 2006, Finsia conducted a survey of equity analysts to determine their views on company reporting.