ASIC surveys wedding costs
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?"
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