Investor relations update

In a recent speech, Chris Pearce, the Parliamentary Secretary to the Treasurer, identified 4 areas where the Government was supporting improved communication by companies with investors:

Simpler Regulatory System Bill: contains a proposal to allow companies to publish their annual reports online as the default option.

Corporate social responsibility: While not making it obligatory, the Government supported annual reports providing information about the  company’s social and environmental activities.

Fundraising: Proposals in the Simpler Regulatory System Bill streamline fundraising.

Infringement notice scheme:To support continuous disclosure the Government is reviewing the operation of the infringement notice provisions in the Corporations Act.

The speech also refers to other current reviews of regulation.