4:004 elearning.kbs.edu.au o facilitate the responsible handling of 12 of 40 rumours. KAPLAN BUSINESS SCHOOL AUSTRALIA K Small Group Discussion . What is former ASIC Commissioner John Price referring to when he says: ASIC recognises that continuous disclosure decisions are difficult and have to be made very quickly. Source: http://www.theaustralian.com.au/business/mining-energy/asics-john-price-defends-new-resources-guidelinesews- story/3e571c379fc8232207fb6244c547dee0&psig=AFQjCNFhkWIFBOHP6wFYIcEAo8IT2obppQ&ust=1477096600480629 KAPLAN BUSINESS SCHOOL AUSTRALIA K Small Group Challenge Sydney, Australia 2011 International contractor Leighton Holdings Lid has a problem. A meeting of senior executives has reviewed the progress of three major projects and estimated that: . the Airport Link Project in Brisbane is likely to generate a substantial loss ranging from $182 million to $610 million. the Victorian Desalinisation Project is likely to cost at least $200 million more than originally budgeted to construct. the Al Habtoor subsidiary based in Dubai is in financial difficulty and will require additional shareholder funding of $230 million. The senior executives are unsure whether the above information requires disclosure. In groups, establish a test or standard that Leighton Holdings can apply to determine whether or not they should disclose. Source: https://www.smh.com.au/business/brisbane-tunnel-blowout-drops- KAPLAN BUSINESS SCHOOL leighton-in-a-hole-20120327-1vwnm.html AUSTRALIA Disclosure . Company boards or management are required to make an informed estimation