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ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. [2] ASIC was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's authority and scope are determined by the Australian Securities and Investments Commission Act 2001.
The Moneysmart website was officially launched on 15 March 2011, [3] as part of the Australian Government's National Financial Literacy Strategy 2008–2010. [4]In July 2008, the Australian Government transferred the functions of the Financial Literacy Foundation to ASIC, including managing and maintaining the Understanding Money [5] website.
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Shopa Docket was an Australian coupon company, founded in 1986, based in Brisbane, Australia. [1] It was a provider of coupons that appear on the back of receipts in supermarkets and variety stores and outlets [2] including Woolworths Supermarkets, Target Australia, Kmart, Big W, Chemist Warehouse, Harris Farm and IGA.
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Under Note 11 of The Commonwealth of Australia Constitution Act, The Corporations Act 2001 can be seen as still in effect. Australian Financial Services Licence (AFSL) is a legal licence provided by the Australian Securities and Investments Commission (ASIC) enabling the operation and activities of Australian financial services businesses. [1]
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