Finance

Government to halve the cost of searching ASIC online business registries

The federal government plans to make it cheaper for individuals and businesses to search the online business registries administered by the ASIC.

Eloise Keating 31 July, 2018

Kelly O'Dwyer supports criminal penalties for serious exploitation. Source: AAP Image/Mick Tsikas.

The federal government plans to make it cheaper for individuals and businesses to search the online business registries administered by the Australian Securities and Investments Commission (ASIC), starting next year.

From July 1, 2019, the $40 fee currently charged to access a roles and relationship extract from the ASIC database will be cut to $19, in a move that Minister for Revenue and Financial Services Kelly O’Dwyer and Finance Minister Mathias Cormann say will “reduce the burden on individuals and business”.

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About the author

Eloise Keating

Editor

Eloise is an experienced business journalist and editor, who has held senior editorial roles at SmartCompany since 2014. Prior to joining SmartCompany, Eloise was news editor at Books+Publishing, the trade press for the Australian book industry. Eloise has degrees in media and communications, marketing and business management, and political science. You can follow her on LinkedIn, and Twitter at @ellykeating.