As Australia moves towards a cashless society, bank system failures are having an increasing impact on customers and the economy. The Payment Systems Board will soon put into action the RBA's threats to intervene in bank system outages.
The Alliance for Journalists’ Freedom has released a White Paper, ‘Press Freedom in Australia’, co-authored by G+T partner Chris Flynn. The White Paper makes seven recommendations for legislative change to strengthen media freedom nationally. This is all the more important in light of the recent AFP raids over the ‘Afghan Files’ articles.
The Full Federal Court has dismissed the Australian Competition and Consumer Commission’s appeal in ACCC v Colgate-Palmolive (No 4) upholding Justice Wigney’s decision at first instance which found there was insufficient evidence to prove Cussons had engaged in cartel conduct in its transition to ultra-concentrate laundry detergent in March 2009.
Click below to read more on the key issues and takeaways you need to know from the decision.
Data breaches are on the rise; in frequency and impact. Latest statistics state that since January 2019, Australian entities have reported over 215 eligible data breaches, with one such breach affecting over 10 million individuals. Recent incidents have shown that when a data breach (which is likely to cause serious harm) occurs, it is important to notify affected individuals transparently and appropriately.
The Financial Technology Law Review provides a comprehensive global view on implications that technology may have for the finance sector, including consideration of cutting edge developments (such as AI and blockchain) and their interaction with regulation.
Earlier this year the Government announced plans to reform Australia’s privacy and consumer laws to provide greater protections for individuals and small businesses. Following the recent election result, we now have greater clarity on the future of these reforms.
Bill Johnston, WA Minister for Mines, announced late last year an amendment to the Mining Regulations 1981 (WA) (Mining Regulations) to reduce annual rent payable by miners of minerals found in liquid assets. Those amendments came into effect on Saturday, 25 May 2019.
The prevalence of loot boxes has been a relatively recent phenomenon in online games, a way of monetising games that are often otherwise free to play. This rising prevalence has been accompanied by increasing concerns that they are a form of online gambling, and therefore ought to be regulated like other forms of gambling. This article examines the controversy and the issues that governments, industry and civil society must grapple with when considering loot boxes.
The Notifiable Data Breaches scheme (February 2018), enacted new obligations for both government agencies and private sector organisations that were already subject to the Privacy Act 1988 (Cth). One year on from the scheme’s introduction, the Office of the Australian information Commissioner (OAIC) reports that data breach notifications have increased by over 700%.