Isnt a quarterly a requirement, rather than something CGU are...

Isnt a quarterly a requirement, rather than something CGU are choosing to release?

from asx:
Financial reporting is required on a half yearly and annual basis in Australia. Certain companies that are listed under a listing category for companies without a track record of revenue or profit are required to also prepare and file quarterly cash flow statements. In addition, mining and oil & gas exploration companies are required to file quarterly reports on activities including changes in tenement interests, issued and quoted securities.

I dont like the way he is passing off releasing a quarterly as if its a choice of his to update shareholders.

This should therefore have no impact on the release of a quarterly.