Treasury: ASIC Investigation

The majority voted against a motion:

That the Senate—

(a) notes the failure of the Minister representing the Treasurer to comply with order for the production of documents no. 160, relating to the report of an investigation conducted by the Treasury into allegations made about the conduct of an Australian Securities and Investments Commission (ASIC) Deputy Chair, referred to in a letter from Treasury Secretary, Dr Steven Kennedy, to ASIC Chair, Mr Joseph Longo, on 1 February 2022;

(b) notes that on 9 March 2023, the Minister made a claim of public interest immunity in relation to the report in its entirety;

(c) acknowledges the public interest in personal information relating to confidential informants remaining confidential, but rejects the Minister's claim of public interest immunity over the remainder of the report; and

(d) requires that there be laid on the table by the Minister representing the Treasurer, by no later than 10 am on Thursday, 23 March 2023, the report referred to in paragraph (a), with appropriate redactions to protect the identities of confidential informants.

Read more about these types of motions on the parliamentary website.