Who will buy ASIC Registry?

The Victorian town of Traralgon – population 25,000 – might seem an unlikely setting for a business potentially worth billions of dollars. Traralgon, though, is where most employees of the Australian Securities and Investments Commission’s registry services business are located.The ASIC Registry manages 31 separate registries, including the Companies Register and Business Names Register. Together these registers contain more than 10m records, with more than 76m searches conducted each year. As the government itself admits, the Registry ‘forms a critical part of Australia’s economic infrastructure and is essential to the efficient operation of Australia’s economy’.So the announcement that the government...

The Victorian town of Traralgon – population 25,000 – might seem an unlikely setting for a business potentially worth billions of dollars. Traralgon, though, is where most employees of the Australian Securities and Investments Commission’s registry services business are located.

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