Last modified on December 3rd, 2022 at 3:29 am

Facebook alleged to have blocked Australian news pages to influence new law

A Facebook whistleblower has come forward to claim that the blocking of Australian news pages in early 2021 was a negotiating tactic used to influence the News Media Bargaining Code. The News Media Bargaining Code was designed to strengthen Australian local news publishers by requiring social media companies to pay publishers for news content posted …

Last modified on December 3rd, 2022 at 3:30 am

Uber admitted to having engaged in misleading or deceptive conduct

The ride-sharing app Uber has admitted to the Australian Competition and Consumer Commission (ACCC) for having engaged in misleading or deceptive conduct and making misleading or deceptive representations. The ACCC instituted proceedings against Uber, alleging that a lack of oversight over Uber’s algorithm resulted in misleading results for Australian users. This is known as dark …

Last modified on December 3rd, 2022 at 3:31 am

Australian cryptocurrency ETF delayed

A Bitcoin and Ethereum exchange-traded fund (ETF) was set to launch in Australia this week but was blocked by an unknown third party broker. To provide Australian consumers with further accessibility to cryptocurrency with regulated risk, Cosmos Asset Management and 21 Shares had planned to unveil Australia’s first spot-backed cryptocurrency ETFs. ETFs are a common …

Last modified on December 3rd, 2022 at 3:31 am

APRA release crypto-asset management roadmap

The Australian Prudential Regulation Authority (APRA) has released a crypto-asset risk management expectations and policy roadmap. The roadmap was prepared due to the rapid growth and development of cryptocurrency and blockchain technology. To ensure Australia reaches its full potential as a digital economic leader, APRA has identified preliminary risk management strategies to benefit the crypto-asset …

Last modified on December 3rd, 2022 at 3:31 am

Critical Infrastructure Protection amendment comes into effect

The Security Legislation Amendment (Critical Infrastructure Protection) Act 2022 (Cth) (SLACIP Act) came into effect on 2 April 2022 to amend the Security of Critical infrastructure Act 2018 (Cth). The SLACIP Act is focused on strengthening security measures in Australia, particularly in terms of technological and data safety in critical infrastructure assets. Critical infrastructure refers …

Last modified on December 3rd, 2022 at 3:31 am

Artificial intelligence no longer capable of being the inventor of a patent

The Full Federal Court of Australia has overruled the decision that permitted artificial intelligence (AI) as being the inventor of a patent. In July 2021, it was held in Stephen Thaler v Comptroller General of Patents Trade Marks and Designs that AI is capable of being named as an inventor of a patent. This was …

Last modified on December 3rd, 2022 at 3:32 am

Data collection of Australian athletes needs regulation

The Australian Academy of Science and the University of Western Australia’s Minderoo Tech & Policy Lab has released a discussion paper on sensitive data collected from professional Australian athletes. The discussion paper is focused on professional athletes and the data collected and used by commercial parties over the last decade. Data collected about athletes is …

Last modified on December 3rd, 2022 at 3:32 am

Digital Economy Strategy update for 2022

To cement Australia’s digital economy, the Australian Government has released an update to its Digital Economy Strategy for 2022. Since the outbreak of COVID-19, the Australian Government has invested more than $3.5B in digital initiatives and has shown no sign of slowing down. The Digital Economy Strategy 2022 update has extended the 2021-22 federal budget …