The one thing going for regulation down under is consistency.
The Hayne Royal Commission has already exposed a litany of BS where duplicity is the order of the day.
The gatekeeper of the Corporations Act are consistent. They consistently are looking the other way.
One might have hoped that James represented an acknowledgement that the Fox ran the chicken coop.
Kelly O'Dywer made all the right noises.
"Mr Shipton brings wide regulatory and financial market knowledge to the position, as well as international experience," Ms O'Dwyer told reporters at a media conference in Canberra.
He sure does, as a Goldman's Sachs banker, replacing a banker....
What dear Kelly O'Dywer neglected to mention is that her and James are well known to each other, as James' daddy Roger held the seat of Higgins.
So why nothing of substance changes, perhaps a low risk prosecution, shooting fish in a barrel might make a man of James.