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The former Minister for Financial Services and Regulation, the Hon Joe Hockey MP, established a Taskforce on Self-Regulation to inquire into and report on aspects of self-regulation in Australia, chaired by Professor Berna Collier, Professor of Commercial Law at the Queensland University of Technology. Three documents were released in 2000.
The consultants' report is entitled "Analysis Of Market Circumstances Where Industry Self-Regulation Is Likely To Be Most And Least Effective". The report was prepared by John Wallace, Denise Ironfield & Jennifer Orr and refereed by Dr John Fallon.