Barrenjoey Wants Faster Australia IPO Process to Boost Listings

Barrenjoey, one of Australia’s top investment banks, is pushing for a quicker process to get companies listed in Sydney, advocating for a US-style application system that keeps some key details confidential.

Australia would be able to attract more high quality investors to its equity market by changing rules to lift inflows, Barrenjoey’s co-executive chair Guy Fowler said at the Bloomberg Australia Briefing event in Sydney on Wednesday. That could help get an IPO done within a shorter timeline, of about two weeks, he said.

Guy Fowler

Photographer: Brent Lewin/Bloomberg

“The timeline to IPO here is a little longer than other markets,” Fowler ...