Disclosure doozy makes a mockery of Australia’s safe-haven fantasy

The Australian Financial Review
Yesterday

If we’re going to kid ourselves that Australia and our sharemarket are a safe haven for global investors in volatile markets, we at least need to get some fundamentals right.

One of the most basic is listed company disclosure. It seems every second day the ASX has to pull some sleepy company’s pants down, stop their shares from trading and ask them to explain why their shares are rocketing or tanking on no news.

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