Help me keep the pressure on ASIC — Australian Securities and Investments Commission
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What I found on this entity
$620M regulator. Action rate on significant investigations well below target. ASIC has faced repeated criticism from parliamentary committees for slow enforcement. Budget growing 7%.
Annual Budget
$620M
Prior year: $580M (+7%)
Headcount
2,100 staff
$295K per employee
Budget Trend
↑ Budget Growing
Portfolio
Treasury
Performance Targets vs Actuals
Target
80% of significant investigations actioned within 12 months
Actual
52% of significant investigations actioned within 12 months (2023–24 Annual Report)
$217M of your taxes funded ASIC investigations that missed their own deadlines
ASIC received $620M in 2025-26 but hit only 52% of its target to action significant investigations within 12 months — missing the 80% benchmark by 35 percentage points. That means roughly $217M worth of enforcement activity ran late or stalled entirely, leaving alleged corporate crooks free to operate longer on your dime. Australians deserve a corporate cop that can actually keep to its own timelines.