Tag: Andrew Bragg

Audit office clears king-sized cost of PsiQuantum legal fees

Posted on   |  by Justin Hendry
The national auditor has cleared a multi-million dollar blowout on legal advice for the federal government’s investment in Californian quantum startup PsiQuantum, concluding that the key due diligence contract...

‘Frontrunning’ fears over NRF’s first $40m deal

Posted on   |  by Joseph Brookes
A media drop and alleged leak has put the corporation in charge of the government’s $15 billion manufacturing fund under scrutiny at its first Senate Estimates appearance since its...

Senate showdown for FMiA as Coalition rejects bill

Posted on   |  by Justin Hendry
Crossbench senators have called for a significant rework of the federal government’s signature Future Made in Australia plan, setting up a Senate showdown as early as the coming week....

Auditor to probe $3.53m cost of legal advice on PsiQuantum

Posted on   |  by Justin Hendry
The national audit office will probe the rapid increase in the cost of the federal government’s main due diligence contract for its controversial investment in Californian quantum startup PsiQuantum. Auditor-General...

Senate committee proposes new Big Tech regulatory body

Posted on   |  by Justin Hendry
A digital platforms coordination body should be created by the federal government to address competition concerns presented by Big Tech companies like Google, Meta, Microsoft, Apple and Amazon, a...

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...

Bragg’s crypto bill rejected by Senate committee

Posted on   |  by Justin Hendry
A Senate committee has rejected legislation that would regulate cryptocurrency exchanges in Australia due to concerns over the operation of the reforms, despite supporting the consumer protections that such...

Big Tech inquiry eyes cloud, competition and the metaverse

Posted on   |  by Joseph Brookes
Australian lawmakers will consider a new regulator, rules for algorithms and a light touch approach to the metaverse while “mapping” Big Tech over the next year. The focus is...