ASIC's James Shipton and Karen Chester: 'always as one'

ASIC’s James Shipton and Karen Chester: ‘always as one’
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Karen Chester confirmed on Wednesday she has formally applied to succeed outgoing chairman
James Shipton, with whom she has recently undergone “marriage counselling” arbitrated by Treasurer
Josh Frydenberg.
The Shipton-Chester relationship reportedly broke down when Chester, acting as chairwoman while ASIC’s payment for Shipton’s personal tax advice was investigated, told a Senate committee that “if there had been full disclosure of the nature of the payments made to Mr Shipton and [ASIC’s other deputy chair
Daniel]
Crennan … I don’t think I’d be sitting here in front of you today”.

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