Tag: Stephen Jones

Tough digital competition regime proposed by Treasury

Posted on   |  by Brandon How
Australia will set broad limits on anticompetitive behaviour by big tech companies under a proposed framework that could impose penalties of up to $50 million, more than two years...

Energy innovators gain consumer data right carve out

Posted on   |  by Brandon How
Tweaks to consumer data right rules effective from Tuesday will allow energy companies to shield their trial products for two years from the scheme’s data sharing obligations in a...

$50m fines proposed for social media scam slackers

Posted on   |  by Brandon How
Social media companies failing to fight scams on their platforms will be subject to fines of up to $50 million under a new framework brought before Parliament on Thursday....

Treasury checks in on AI’s consumer law impact

Posted on   |  by Brandon How
Treasury on Tuesday opened consultation on whether Australia’s tech neutral consumer laws are fit for the purpose of regulating artificial intelligence products and services, like software, phones and streaming...

Big Tech giants ‘dragging their heels’ on scams

Posted on   |  by Brandon How
Social media giants are “dragging their heels” on scams, Assistant Treasurer Stephen Jones said on Wednesday while outlining new obligations to prevent scams and compensate victims. Mr Jones told...

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...