The Treasurer, Josh Frydenberg, announced Commisson Court’s appointment on Thursday, with Australian Competition and Consumer Commission (ACCC) Chair Rod Sims saying her appointment to ASIC was “a well-deserved reflection of the experience, expertise, and wisdom Sarah brings to the table,”

“ASIC’s gain is very much our loss. Sarah was first appointed as an ACCC Commissioner in May 2008 and reappointed for an impressive third term in 2018,” Sims said.

“In her 13 years at the ACCC, Sarah has made an incredibly significant contribution to the agency and its work.

“We pass on our congratulations to Sarah in her new role.”

Sims said Court has had a very wide involvement in the ACCC’s work and currently chairs the ACCC’s enforcement, compliance, consumer data right and legal committees and is a member of the merger review and competition exemptions committees.

“I will miss the ACCC, but I am very much looking forward to engaging with the opportunities at ASIC,” Court said.