Submitted by John Smith on Wed, 2023-06-28 09:22

And what is ASIC's motivation for being economical? At face value they have no vested interest in controlling their budget. They are conflicted. They are spendthrifts. For example, the "why not litigate?" approach. The answer is, it's expensive so you want to be very sure of your case and be sure there is a need to litigate rather than take some other less expensive action. Their attitude is, "who cares about the money, someone else is paying. We'll put up the fees next year". They are empire building bureaucrats.

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