Six bidders for ASIC registry sale

Finance Minister Mathias Cormann says he's pleased with the strong interest from the private sector in operating the ASIC registry.

Minister for Finance Mathias Cormann

Finance Minister Mathias Cormann has all but confirmed the federal budget will contain tax hikes. (AAP) Source: AAP

Six bidders have shown interest in the Australian Securities and Investments Commission registry privatisation.

Finance Minister Mathias Cormann said Australian and overseas firms and consortiums had shown interest in the tender to upgrade, operate and add value to ASIC's registry functions.

The commonwealth will retain ownership of the ASIC registry's data and is keen to keep its operations based in regional Victoria.

The Turnbull government has yet to make a final decision on whether the registry will be sold.

"The government is now considering these bids and will make a decision on any further steps, following the evaluation of indicative bids," Senator Cormann said.


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Source: AAP


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