Tag: Treasury

Regulators are worrying about AI agents. Treasury isn’t

Posted on   |  by Justin Hendry
AI’s breakneck evolution delivered another milestone last week, with the latest in a dizzying series of firsts. Not satisfied with mere chatbots or image generators, global payments giant Mastercard...

Gig Guide: Jon Whittle joins Melbourne Business School

Posted on   |  by David Allen
The former managing director of CSIRO’s Data61 Jon Whittle has joined Melbourne Business School as a distinguished fellow. The school announced the NASA alum’s appointment this week, saying he...

Govt eyes expanded fintech sandbox to boost access

Posted on   |  by David Allen
An independent review of Australia’s financial regulation test environment has called for feedback on improving its effectiveness and accessibility, floating a significant expansion of the sandbox ahead of federal...

Treasurer blocks US takeover of Mayne Pharma

Posted on   |  by David Allen
Treasurer Jim Chalmers has blocked a $672 million takeover bid for Aussie drug manufacturer Mayne Pharma from US-based Cosette Pharmaceuticals on national interest grounds. In a statement on Friday,...

OpenAI picks up more govt work amid lobbying blitz

Posted on   |  by Joseph Brookes
US tech giant OpenAI has secured its second federal contract while ratcheting up a policy and sales blitz in Canberra that includes private meeting with Anthony Albanese’s Cabinet and...

Govt’s handpicked cyber trainers ask for a recount

Posted on   |  by Joseph Brookes
A $25 million government-funded cyber training program delivered by a Labor-linked consultancy is attempting to reframe its controversial grant at the halfway mark after delivering only a quarter of...

Treasury offers first look at crypto bill

Posted on   |  by Justin Hendry
Cryptocurrency exchanges will soon be covered by the same consumer protections that apply to banks and other financial services providers, with the Albanese government on Thursday unveiling draft legislation...

Albanese’s new ministry recalibrates machinery of innovation

Posted on   |  by Dr John H Howard
The Second Albanese Ministry and its 2025 Administrative Arrangements Order show a government shifting decisively from reform design to delivery architecture. With stable super-departments and a growing cadre of...

Gig Guide: Assistant Treasurer to leave parliament

Posted on   |  by Brandon How
Assistant Treasurer Stephen Jones will not recontest the next federal election, leaving the frontbench amid the federal government’s renewed push to get social media giants to pay for news....