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back to article ASIC chimes in on data retention, seeks more intercept powers

The Australian Securities and Investment Commission has dropped a stink-bomb into the data retention debate, asking the government to give it intercept powers covering e-mail, social media, text messages and phone calls. In hearings of the Joint Parliamentary Committee on Intelligence and Security in Sydney on Thursday September …

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WTF?

Why?

Why on earth does ASIC need this ability other than to embark on fishing expeditions?

If they are undertaking an investigation worthy of requiring intercepts, why can't they get a warrant from "one of the other agencies"?

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Silver badge

Re: Why?

They can get a warrant but the whole purpose is after they get the warrant, they have access to everything you have ever done.

Current they can only see what you do after the warrent. They just want to see everything you did before the warrant you know incase their charges don't pan out, they can charge you for visitng the pirate bay or such years ago.

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Headmaster

That would be "interception" powers, Richard.

You're welcome.

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