Consumers
Episode 53: Creating shared value
26 July 2019
In this episode with Peter Yates, Chairman of the Shared Value Project and Deputy Chairman of AIA Australia, ASIC’s Laura Higgins (Senior Executive Leader, Financial Capability) explores how the concept of shared value challenges companies to realign the interest of business and society by redefining their purpose so that generating economic value also produces value for society.
Episode 51: ASIC's case against former financial adviser James Gibbs
10 July 2019
On 10 July 2019, ASIC’s case against James Gibbs came to a close and he was sentenced to 10 years imprisonment, with a non-parole period of seven years to serve.
James Gibbs stole $4.88 million from his clients when he was acting as their financial adviser. His clients trusted him with their savings, with their money to be used for their retirements, and he devastatingly broke that trust by using that money for his own purposes.
In this episode, we hear from Dallas, one of Mr Gibbs' victims who helped build ASIC's case, as well as ASIC investigator, Chris Rowe.
Episode 50: Balancing consumer choice and protection
26 June 2019
In this interview with the Chair of the European Securities and Markets Authority Steven Maijoor, ASIC Commissioner Sean Hughes explores the balancing act between consumer choice, innovation and consumer protection and the use of product intervention powers by regulators around the world.
Episode 47: The power of a ponzi scheme
10 May 2019
In this episode we take you behind the scenes of a ponzi scheme, where unbelievably good returns are offered to investors, the scheme operator seems to be trustworthy – but it’s all smoke and mirrors.
Episode 46: ASIC enforcement outcomes, July to December 2018
9 April 2019
For more information on ASIC’s enforcement outcomes from July to December 2018, listen to Episode 46 of The ASIC Podcast with ASIC Commissioner Sean Hughes.
Episode 44: Former financial adviser Gabriel Nakhl sentenced to 10 years imprisonment
26 March 2019
Mr Nakhl engaged in dishonest conduct and was found guilty in the District Court of New South Wales. The court set Mr Nakhl a non-parole period of 6 years.
View ASIC media release (19-055MR) for more information
Episode 41: ASIC’s review of the credit card market
4 July 2018
Michael Saadat, ASIC's Senior Executive Leader - Deposit takers, Credit and Insurance, joins the podcast to discuss ASIC's review into the credit card market in Australia.
Episode 40: SMSF advice
28 June 2018
Episode 39: Indigenous Outreach trip to the APY Lands
25 June 2018
ASIC's Indigenous Outreach Officer Nathan Boyle talks with Susan Tilley from Anangu Lands Paper Tracker Radio Program about ASIC's work with indigenous consumers and the recent outreach trip to the APY Lands with super funds. Visit the Paper Tracker website to listen to the full interview.
Episode 36: ASIC’s Stretch RAP
23 April 2018
On 17 April 2018, ASIC launched its Stretch Reconciliation Action Plan. On this episode, we're joined by Danille Abbott, Chair of ASIC's RAP Strategic Committee and RAP Working Group and descendant of the Wirlomen Noongar people, to talk about the goals of the stretch RAP and ASIC's commitment to reconciliation.
Episode 35: Ian Yates
18 April 2018
Ian Yates, Chief Executive of the Council of the Ageing Australia, joins ASIC Deputy Chair Peter Kell on the podcast to discuss preparing financially for retirement.
Visit ASIC's MoneySmart website for more information on retirement income planning.
Episode 34: Mark McCrindle
12 April 2018
Social researcher Mark McCrindle joins the podcast to discuss home ownership and the changing Australian dream, which was a topic of discussion at ASIC's 2018 Annual Forum.
Episode 33: Close the Gap
28 March 2018
On 16 March 2018, ASIC held a Close the Gap event featuring two leading Indigenous entrepreneurs:
- Liam Ridgeway, co-founder of Ngakkan Nyaagu (NGNY), an Indigenous digital enterprise
- Jasmin Herro, founder of Outback Global, a leading Indigenous supplier of workwear
The Close the Gap campaign aims to create equality in health between Indigenous and non-Indigenous Australians. This campaign also measures progress in economic development and employment, and these aspects were the focus of ASIC's event.
Liam and Jasmin were also kind enough to speak on our podcast after the event. In the episode, you will hear from Liam and Jasmin about how and why they started their businesses and what impact they seek to have as Indigenous entrepreneurs.
Episode 32: Add-on insurance
16 March 2018
ASIC Senior Executive Leader Michael Saadat joins the podcast to discuss add-on insurance, and ASIC's work to shine a light on poor practice, remediation outcomes, and efforts to protect consumers in the future.
Episode 31: Conflicts of interest in financial advice
5 February 2018
ASIC Senior Executive Leader Jo Bird joins the podcast to talk about the results of Report 562: Financial advice: vertically integrated institutions and conflicts of interest, a new report into conflicts of interest in financial advice at the biggest financial institutions in Australia.
Episode 26: Investors and initial public offerings
31 August 2017
Jane Eccleston, ASIC Senior Executive Leader, Corporations, joins the podcast to discuss ASIC's recent report into investors and initial public offerings.
Both the media release and the report can be found here.
Indigenous Outreach Program
10 June 2016
Listen now - Indigenous Outreach Program
Deputy Chair Peter Kell on investment scams
16 May 2016
During Consumer Fraud Week 2016, the Australian Securities and Investments Commission is warning consumers and investors to 'Wise Up to Scams' and do some simple checks before they part with their money.
ASIC Deputy Chair Peter Kell joins the podcast to talk about how investment scams work, and how best to identify and avoid them.
Listen now or download later - Deputy Chair Peter Kell on investment scams
How ASIC deals with reports of misconduct
10 December 2015
Warren Day (Senior Executive Leader, Assessment and Intelligence at ASIC) talks about what happens when you make a report of alleged misconduct or a complaint to ASIC.
Listen now or download later - How ASIC deals with reports of misconduct
Dealing with debt collectors
18 June 2015
Michael Saadat, Senior Executive Leader, Deposit Takers, Credit and Insurers talks about debt collectors and your rights when dealing with debt collectors.
Your investments: frozen funds and hardship payments
2 June 2015
Warren Day, Senior Executive Leader, Assessment and Intelligence, and Victorian Regional Commissioner talks about frozen managed investment scheme funds and hardship payments.
Different types of scams
29 June 2014
Tim from ASIC's Misconduct and Breach Reporting Team talks about different types of scams, what to do if you think you are being scammed and what types of scams ASIC is interested in.
Disputes with financial services or credit providers
1 June 2014
Andrea from ASIC's Misconduct and Breach Reporting Team talks about what to do if you have a dispute with your financial services or credit provider.
See also ASIC's MoneySmart tips on YouTube
Tip-offs, information of concern and reports of misconduct
22 September 2013
Listen now - tip-offs, information of concern and reports of misconduct
