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ASIC

ASIC is Australia's corporate, markets and financial services regulator. ASIC contributes to Australia's economic reputation and wellbeing by ensuring that Australia's financial markets are fair and transparent, supported by confident and informed investors and consumers.

ASIC is an independent Commonwealth Government body which is set up under and administers the Australian Securities and Investments Commission Act (ASIC Act), and work under the Corporations Act.

ASIC regulates Australian companies, financial markets, financial services organisations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit.

As the corporate regulator, they are responsible for ensuring that company directors and officers carry out their duties honestly, diligently and in the best interests of their company.

As the markets regulator, they assess how effectively authorised financial markets are complying with their legal obligations to operate fair, orderly and transparent markets. We also advise the Minister about authorising new markets.

As the financial services regulator, they license and monitor financial services businesses to ensure that they operate efficiently, honestly and fairly. These businesses typically deal in superannuation,managed funds, shares and company securities,derivatives, and insurance.

ASIC has powers to protect consumers against misleading or deceptive and unconscionable conduct affecting all financial products and services,including credit.

For more information about ASIC go to www.asic.gov.au

APRA

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry. APRA is funded largely by the industries that it supervises. It was established on 1 July 1998. APRA currently supervises institutions holding approximately $3 trillion in assets for 21 million Australian depositors, policyholders and superannuation fund members.

For more information about APRA go to www.apra.gov.au

ATO

The Australian Taxation Office is the Government's principal revenue collection agency, and is part of the Treasurer's portfolio. ATO's role is to manage and shape tax, excise and superannuation systems that fund services for Australians.

For more information on ATO go to www.ato.gov.au

IBSA

Innovation and Business Skills Australia (IBSA) is one of ten Industry Skills Councils for the Vocational Education and Training (VET) system recognised and funded by the Australian Government. IBSA covers:

  • Business Services;
  • Cultural and Related Industries;
  • Education;
  • Financial Services;
  • Information and Communication Technologies;
  • Printing and Graphic Arts.

IBSA develops competency standards and qualifications for workforce skills development and training that are recognised throughout Australia.

Website: www.ibsa.org.au

 

NSW DEC State Training Services

State Training Services now offers a one-stop shop for all apprenticeship and traineeship services and broader vocational education and training advice.

State Training Services provides expert advice and information to industry, employers, training providers and apprentices and trainees. It is responsible for mediation and dispute resolution between apprentices, trainees and their employers and issues certificates to those who successfully complete their training.

The one-stop shop service is designed to ensure industry, training organisations, employers and their employees have all the necessary support and advice to obtain the skills and qualifications their business needs.

For more information on our new apprenticeship and traineeship services, broader vocational education and training advice please click here.

AEI-NOOSR

Australian Education International (AEI), through the National Office of Overseas Skills Recognition (AEI-NOOSR), provides official information and advice on the comparability of overseas qualifications with Australian qualifications. For more information, please click here.