What does the cost of weddings have to do with financial services regulation? Best ask the Australian Securities and Investments Commission (ASIC).
The regulator, currently the subject of a Senate Committee review and likely to be the subject of scrutiny by the forthcoming Financial System Inquiry, is using its MoneySmart website to conduct a survey on the cost of conducting weddings in Australia.
According to the web-site, "MoneySmart is conducting a survey to find out more about people's spending on their wedding and how they managed the costs".
It goes on to add, "Your insights will help others who are planning a wedding".
According to a statement on the MoneySmart website attributed to ASIC chairman, Greg Medcraft, "MoneySmart is an initiative of the Australian Securities & Investments Commission. We offer you tips & tools to help you make the most of your money".
The survey asks a range of questions from what, if any, sacrifices people made to pay for their weddings to "What is your top money-saving tip you'd give to someone planning a wedding?" and "What was the worst wedding gift you received?"
