Australia considers dual-class listing
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Australian SecuritiesReuters
•Business
Business & Economics
Analysis-ASX to face investor push back on dual-class listing plans - again
81% Informative
Australia 's plan to introduce dual-class share trading to help revive its weak listing market faces resistance from investors concerned the structure would give too much power to some shareholders, including founders.
The Australian Securities Exchange said in March it was considering allowing dual class listings to bring it in line with most major rivals including New York and London .
Virgin Australia , the nation's second -largest airline after Qantas Airways , has begun.
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