Senator the Hon Nick Sherry, Minister for Superannuation and Corporate Law, has welcomed the Parliamentary Joint Committee on Corporations and Financial Services Report Better Shareholders – Better Company.
"Many of the issues raised in the report are currently under active consideration by the Government."
"In particular, access to share registers which permit predatory share offers is under close examination. Several recent court decisions have addressed this important area and may be subject to appeal."
"The Government will be informed by these cases in taking action to limit unfair and predatory share offers," Minister Sherry said.