ob体育

speech

Facilitating capital raising for corporate Australia

Published

A speech by Belinda Gibson, Commissioner ob体育, to the Corporate Finance World Australia 2009 conference, 10 November 2009

Introduction

My theme today is 'facilitating capital raising for corporate Australia'. I wish to focus on a number of issues within this topic. Broadly speaking, I will comment on how Australia has fared in terms of raising capital in the wake of the GFC and the capital raising methods being used. I will then provide some insights on issues that ob体育 is focusing on going forward including:

  • early leakage of information about a prospective raising

  • the overall quality of disclosure to the market in annual reports, and

  • the meaning of "clear, concise and effective", particularly now the capital markets are opening again to Initial Public Offerings (IPOs).