Tag: Stephen Jones

How to get the consumer data right back on track

Posted on   |  by Aaron Violi
The consumer data right, or CDR, is a pioneering economic reform that gives consumers the ability to safely share the data Australian businesses hold about them for their own...

Minister pushes back on govt’s investor test overhaul

Posted on   |  by Joseph Brookes
A Cabinet minister is warning Assistant Treasurer Stephen Jones that his sophisticated investor changes risk cutting off startup capital and sending mixed signals while the government looks to spur...

Govt sets up sweeping social media probe

Posted on   |  by Joseph Brookes
The Albanese government will establish a new joint committee to examine growing issues with social media like online scams, illicit content, black box algorithms and Meta’s decision to “abandon”...

Buy Now Pay Later to be regulated as credit

Posted on   |  by Joseph Brookes
“Loopholes” that allowed Australia’s $18 billion Buy Now Pay Later sector to explode with little regulation will be closed under an Albanese government plan to treat companies like Afterpay...

Meta abandons Australian news publishers

Posted on   |  by Joseph Brookes
Facebook owner Meta will not renew its deals with Australian news publishers, cutting off hundreds of millions of dollars from the industry and daring the government to enforce its...

Focus AI regulation on harms, not tech: Jones

Posted on   |  by Joseph Brookes
Assistant Treasurer Stephen Jones has thrown his support behind an AI regulation model that is directed at activity and harms rather than the technology itself, as the government starts...

ACCC granted new powers to strengthen Big Tech news code

Posted on   |  by Brandon How
Australia’s competition watchdog will be handed new powers to request information from digital platforms that could extend to secret commercial deals with news businesses under planned changes to the...

Regulation finally coming for crypto exchanges

Posted on   |  by Joseph Brookes
Crypto exchanges and other digital asset platforms will be subject to existing Australian financial services laws, requiring them to provide efficient, honest and fair services while managing conflicts of...