It's a great pity thatASIC, APRA, and AUSTRAC are not requested by each of the FEDERAL & 8 STATE AUDITOR-GENERALS to investigate a number of their Treasury and other departments to attend to their issues needing upgrading and request ‘enforceable undertakings as they have been requesting financial institutions to undertake. No point having a great Private Sector if the other 35% of the economy can do what they like without financial and administrative controls.
