Sterling Income Trust

February 2022

© Commonwealth of Australia 2022
ISBN: 978-1-76093-343-2

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Terms of Reference


List of Recommendations

Chapter 1—Introduction

  Conduct of the inquiry
  Structure of this report

Chapter 2—Background

  The Sterling Group and the SIT
  Collapse of the Sterling Group
  Experience of tenants and investors

Chapter 3—Access to justice and redress

  Return to investors from liquidation
  Civil proceedings
  Scope of the proposed CSLR
  Alternative arrangements
  Committee view

Chapter 4—Regulatory oversight

  Regulatory responsibilities
  ASIC involvement with Sterling Group and the SIT
  Adequacy of the regulatory response
  Possible legislative and regulatory reforms arising out of the collapse
  Committee view

Dissenting report from Government Senators

  Discussion of the role of the Western Australian Government - WA DMIRS
  Consideration of Majority Recommendations

Additional comments from Senator Malcolm Roberts

Appendix 1—Submissions and additional information

Appendix 2—Public hearings

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540