In our last Update 1 , we reported on the impending
launch of the new national business name registration system. On 28
May 2012, the National Business Names Register was launched. This
will simplify the registration of business names in Australia.
The Australian Securities and Investments Commission
(ASIC) is now responsible for registering business
names throughout Australia.
National Business Names Register
Under the new regime, all business names will be registered at
the national level. All existing business names registered under
the old regime at a State or Territory level have been migrated
automatically to the new national business name register.
The register is accessible via ASIC's new online service
portal, ASIC Connect at www.connectonline.asic.gov.au.
ASIC Connect provides options to search, register, view the status
of, transfer, cancel and renew, business names.