The current Senate inquiry into the Australian Security and Investments Commission’s (ASIC) handling of the Sterling First collapse is not off to a good start.
Following more than two years of mental anguish which claimed 16 lives, the elderly Sterling First tenants who are victims of ASIC have succeeded in achieving their first goal of a Senate inquiry.
The just-resigned deputy chair of the intelligence committee has boasted of colluding in media “hatchet jobs” that poisoned Australia’s relationship with our biggest trading partner.
The suffering endured by the elderly tenants scammed by the Sterling First rent-for-life scheme is finally getting political attention, opening up the possibility of a Senate inquiry.