The first round of applications for grants provided by the government’s Boosting Female Founders Initiative is now open. The Australian government has announced a total of $18 million will be spent to help female entrepreneurs overcome the disadvantages they face in getting access to finance and support to grow their

Australia’s financial crime watchdog AUSTRAC has ordered the appointment of an external auditor to examine Afterpay’s compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act). In response to the news Afterpay’s shares plummeted 13 per cent to $22.19 a share. The buy now, pay later scheme

The federal government passed its controversial social media laws this afternoon through its Sharing of Violent and Abhorrent Media Bill. The new laws establish unprecedented criminal penalties for internet companies and their executives if platforms fail to quickly remove abhorrent content. The laws are part of the political response to

The terrorist attack in Christchurch is a horrific attack on society. We must consider all measures available to avoid something like this ever happening again, anywhere. Now in Australia, Prime Minister Scott Morrison wants to introduce new criminal laws for social media companies that fail to quickly remove footage like

data breach hacking cybersecurity

Between the scheme’s inception in February and December 2018, 812 data breaches were reported to Australia’s privacy watchdog under the Notifiable Data Breaches (NDB) rules. Angelene Falk, Australian Information Commissioner and Privacy Commissioner, said the growing number of data breaches reported to the office is consistent with trends experienced by

investigating report

Buy now, pay later platforms have welcomed a final report into the credit and financial services sector that was handed down late Friday afternoon. The senate inquiry made a number for recommendations to companies like Afterpay, Zip Pay and FlexiGroup, but none of those recommendations included expensive credit checks for

wires copper exposed networking mobile electricity

TPG has binned its proposal to build the fourth 4G network in Australia blaming the federal government’s Huawei ban. Huawei was the principal equipment vendor selected for use in the network. TPG said a key reason for choosing the Chinese company and designing its network was “there was a simple

messaging phone texting mobile phone smartphone

Clive Palmer’s United Australia Party has caused outrage all over the country claiming to have sent 5.6 million unsolicited campaign texts asking for people to “vote 1 for the party”. Palmer spoke during a press conference Monday afternoon calling the text barrage “successful” as from that “280,000 contacted our party

Data strategy

The Australian privacy watchdog has been notified of 245 data breaches affecting personal data for the quarter between July and September, a slight bump from 242 in the previous quarter. The Notifiable Data Breaches (NDB) report captures notifications received by the Office of the Australian Information Commissioner (OAIC) under the