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Which organisation functions as the market operator for companies wanting to raise public finance? A - HSC - SSCE Business Studies - Question 15 - 2024 - Paper 1
Question 15
Which organisation functions as the market operator for companies wanting to raise public finance? A. Australian Taxation Office B. Australian Securities Exchange C.... show full transcript
Worked Solution & Example Answer:Which organisation functions as the market operator for companies wanting to raise public finance? A - HSC - SSCE Business Studies - Question 15 - 2024 - Paper 1
Step 1
Identify the correct organization
Answer
The correct organization that functions as the market operator for companies wanting to raise public finance is the Australian Securities Exchange (ASX). The ASX provides a platform for companies to raise capital by issuing shares to the public, making it indispensable for firms seeking public finance.