Press Release

Much has been made of the declining number of listed companies in Australia and the need for a policy reboot to kickstart the IPO market. The issue has both cyclical and structural elements that shouldn’t be ignored. ASIC’s proposed framework for private markets is a positive step. So too is the debate about better rules for listings and disclosure, and the freshly reported consideration of simultaneously floating and listing software company Rokt in Australia and the US under a single prospectus.