Following its consultation on an Issues Paper released in March 2015, the Reserve Bank of Australia (RBA) has recently published a Consultation Paper proposing changes to the regulatory framework for the card payments system in Australia.
The last couple of years have seen significant advances in the realm of 3D scanning and printing. Importantly, there has been a rapid uptake of the technology across a broad range of industries and disciplines, improved access to printable digital files including by way of online marketplaces, mobile phone CAD scanning technology, improvements in printer technology, a reduction in the cost of the technology and access to a wider range of print materials.
On 24 November 2015, the Commonwealth Government released its formal response to the Competition Policy Review chaired by Professor Ian Harper (Harper Review). The Harper Review released its Final Report on 31 March 2015, and the Government’s response had been expected by September or October but was interrupted by the leadership challenge which saw former Prime Minister Tony Abbott replaced by Malcolm Turnbull and the former Minister for Small Business Bruce Billson, who had instigated and championed the Harper Review, removed from the Ministry.
The very platforms which are offering digital opportunities to organisations are also creating significant enterprise vulnerability. Responding effectively to this vulnerability is critical and responding with technology alone will not be enough…
The ability to embrace and leverage the new commercial models associated with As-A-Service will be a critical factor in driving future competitiveness. Cloud, mobility and the Internet of Things are driving the growth of the As-A-Service economy – where customers can buy just about anything “on demand” as a service.
The technology that sits behind the Bitcoin cryptocurrency offers a revolutionary technological means to authenticate digital IP. Greg Medcraft, the chairperson of the Australian Securities and Investments Commission, points out four key advantages when using blockchain technology that have potential to dramatically change the global financial system.
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At Gilbert + Tobin, our team looks at technology influences as they apply to all industries. We advise on the impacts of technology on the contract structures, the laws and the corporate/commercial processes that underpin your business. Our focus, like yours, adjusts as your company and your industry demands dictate.