News

ASIC to create RegTech advisory

The Australian Securities and Investments Commission (ASIC) wants to establish a new RegTech advisory group before the end of the year to help advocate for support for the RegTech...

Big changes to crowdfunding laws

Treasurer Scott Morrison will today unveil a new legislative package that will extend crowdsourced equity funding to private companies, effectively removing what had been the single biggest barrier to...

Complex cyber insurance plans

The data breach at the consumer credit reporting agency Equifax a week ago was shocking not just for its scale – 143 million personal records were snatched – but...

Shortfall in cyber skills hits home

The Australian government needs to be leading the national drive to close the “critical” cyber security talent gap, partnering with industry and funding new programs, the CEO of a...

States vie for space agency pie

Competition between states to host the proposed Australian space agency is heating up, with a number of governments already putting their cases forward to the Commonwealth for consideration. The...

Jury still out on crowdfund laws

Australia’s planned equity crowdfunding regime is over-regulated and runs the risk of no company taking part, the founder of a New Zealand-based equity crowdfunding company said. Anna Guenther, founder...

Qld unveils first open data plan

The federal government along with a number of state governments already have an open data policy in place. Now, it’s Queensland’s turn. The Queensland government has released its first...

New drive for driverless cars

The Commonwealth should fund more trials of autonomous vehicles in Australia to address security and privacy concerns in order to hasten public acceptance of the new technology, a government...

SMEs to underpin Defence growth

Defence Industry Minister Christopher Pyne has spruiked a revival in Australia’s defence industry participation while aiming to squeeze more local involvement from foreign companies bidding on projects above $20...

Medcraft on ethics and algorithms

Businesses and government must be held accountable for their use of computer algorithms and big data and transparency should be the first priority, ASIC chairman Greg Medcraft said. Addressing...

Qld unveils govt digital strategy

The Queensland government calculates it could save about $400 million per year just by replacing paper-based transactions with over 400 new online services under its new whole-of-government digital-first approach....

Germany and the Industry 4.0 plan

Germany has a well-earned reputation as a manufacturing powerhouse. Even during times when the global economy is struggling, the country has managed to progress, or at least rebound back...

ASIC set to move on ICOs

Australian regulators are grappling to control the “Wild West” world of ICOs, a new blockchain-based funding method that is changing the way new tech companies raise money. ASIC is...

Multi-tech mess fleeces the nation

A decade ago when John Howard was swept from office, he left Australia a broadband backwater. A broken regulatory structure and clear market failure demanded government intervention. So Labor’s...