IVZ media thread, page-6446

Makes perfect sense to assume that it would be at industry standards, but that makes the delay even more perplexing. We have established industry frameworks on the continent and around the world and this proposed PPSA has been reviewed by 2 overseas legal firms over a year ago and given the nod in terms of industry standards etc. I work at a company where we do quite a lot of large acquisition transactions and we can be speaking to a vendor on Monday and by Monday week, we'll have a 200 page contract with all the finer details/clauses etc ready to sign. I know it is not the same thing, but to take years to finalise something that isn't exactly Rocket science shows a complete lack of urgency / care factor from the govt in my view.