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ASIC - Ministerial awareness of ASIC Gen Z report

View on aph.gov.au (opens in a new tab)
Status: Answered, finished
Asked by: Senator Claire Chandler
Committee: Economics
Portfolio: Treasury
Agency: Australian Securities and Investment Commission
Round: 2026-27 Budget estimates
Question No: BET039
Asked: 4 June 2026
Answer due: 23 July 2026

Question

Senator CHANDLER: I note the Treasurer was asked about this gen Z ASIC report that we've been talking about in one of his postbudget interviews, when he was talking about young Australians and some of his claims were being queried. He said: ... it's- ASIC- an independent regulator-but, yes, understood ... I'll check that out. Has the Treasurer reached out to ASIC to become informed on the extent of young Australians investing since then? Mr Kirkland: I'm not in a position to answer that-not that I'm aware of, but we can certainly take that on notice.

Answer

See attached response.

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