this post was submitted on 12 Jun 2025
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AusFinance

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The ASX is shrinking – a plan to get more companies to float does not go far enough (theconversation.com)
submitted 1 month ago by MHLoppy@fedia.io to c/ausfinance@aussie.zone
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[...] the number of businesses in Australia listed on the stock exchange is declining. This has been described as the worst public offering drought “since the global financial crisis”.

In response, on Monday, the Australian Securities and Investment Commission (ASIC) announced measures to encourage more listings by streamlining the initial public offering process.

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[–] WaterWaiver@aussie.zone 1 points 1 month ago

and all of the suggested ‘improvements’ to ASIC’s changes are in favour of business owners with no mention of investor protections.

There is also the angle of the everyday consumer. Companies seem to get worse after going public. Encouraging companies to go public could have consequences on consumers (and therefore the economy).