Stabilising and uplifting ASIC business registers
The government’s 2025-26 Budget includes a significant funding commitment to ASIC’s RegistryConnect program to stabilise and uplift ASIC’s registers.
Through the RegistryConnect program, ASIC will deliver reliable, secure, trusted, and efficient registry services to support the economy for the benefit of all Australians.
RegistryConnect will continue to stabilise and secure the registers to significantly reduce technology and cyber-security risks, and deliver new functionality, including:
- deliver new Companies Register search functionality
- deliver new company registration and maintenance services
- link Director IDs to the Companies Register
- strengthen authentication of registry users
- uplift the quality and integrity of registry data
- address cyber-security and technology risks
- address fraud and scam risks associated with the misuse of registry information, and
- improve application, registration, maintenance and search services for professional registers.
ASIC’s registers play a critical role in our economy by supporting the Australian financial system and businesses of all sizes, contributing substantial economic benefits. Making the registry services more reliable and easier to use will significantly improve and simplify the experience for individuals and businesses.
To support this program, ASIC established the Registry Business Advisory Group, an external advisory body that provides direct consultation and engagement with users of ASIC registry services. This group provides strategic insight and guidance to the development of future proposals to stabilise and uplift the ASIC registers.
What are ASIC’s registers?
The ASIC registers include the companies, business names, professional, and banned and disqualified persons registers. These registers are the official source of information about organisations and professionals registered or licensed to operate in the Australian economy.
The two largest registers, the companies and business names registers, contain the details of more than 3.2 million companies and 2.7 million business names. In the past year there were more than 318 million searches of ASIC registers and 3.2 million updates processed.
Access to high integrity register data plays an essential role in a well-functioning economy. The data is used by individuals, businesses, and government agencies to establish trust, support high value business decisions, perform compliance and regulatory functions, and support legal proceedings in the courts.