Discuss how these measures might impact Jill and Marcus's goals and objectives. (8 marks)

The RBA statement also states that:

"In the central scenario, GDP growth is expected to be around 6 per cent over the year to June 2021 and 4 per cent in 2022. The unemployment rate is expected to remain high, but to peak at a little below 8 per cent, rather than the 10 per cent expected previously. At the end of 2022, the unemployment rate is forecast to be around 6 per cent."

For each of the regulatory bodies listed below:

Briefly discuss its role and function, and

Explain what role, if any, the regulatory body has to play in maintaining or increasing GDP growt and keeping the unemployment rate below 10%, as outlined in the RBA's quote above.

All regulatory bodies must be considered in your answer.

(i) ASIC (2 marks)

(ii) APRA (2 marks)

(iii) ASX (2 marks)