Almost every Australian has a stake in how well the Australian Securities Exchange (ASX) works. Most working adults have superannuation savings invested in companies listed on the ASX, which together are valued at more than A$3 trillion.
If you’re among the millions of members of big super funds AustralianSuper and UniSuper, those industry funds are some of the biggest investors in the publicly listed ASX itself. So you could also have a direct stake in the ASX too.
Yet after a decade of costly technology failures, outages and embarrassing mix-ups, an independent report has just found the “ASX is at serious risk of falling further behind without a fundamental reset”.
