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AI firms push opt-out proposal, media calls it ‘unworkable’
Pushing an opt-out system that would enable use of copyright-protected content, artifical intelligence giant Anthropic has told a parliamentary committee Australia needed to "seize" the AI golden goose, while media organisations said an opt-out would be unworkable. 
Class action targets NSW over $144M in unlawful merchant fees
The NSW government has been hit with a class action alleging it ignored legal advice that merchant fees charged to residents on transactions, which included drivers licence renewal payments and parks passes, were unlawful.
APRA to toughen trustee rules after $1B Shield, First Guardian failure
The Australian Prudential Regulation Authority has released a series of proposals to strengthen superannuation investment governance in the wake of the $1 billion collapse of investment funds Shield and First Guardian.
ASIC to scrutinise AI use by banks
The corporate regulator said Wednesday it would review the banking sector’s use of artificial intelligence to ensure customer protections have not been lost in the rush to adopt AI tools.
OpenAI apologises for Medicare breach, says 4 sites accessed
ChatGPT owner OpenAI has apologised after one of its AI models gained non-public access to a Medicare reporting service operated by Services Australia.
Construction PRO
Goodman Group cans $1.2B Sydney data centre plans
Following fierce opposition by local residents, Goodman Group has withdrawn its plans to build a $1.2 billion data centre in Sydney's leafy Lane Cove, citing the evolving regulatory environment.
OpenAi agent breached Medicare data portal, Albanese says
Prime Minister Anthony Albanese on Thursday said an OpenAI agent hacked into Medicare's statistics reporting portal and accessed non public files in June but the company failed to notify the givernment until this month.
US government slams Australia’s digital duty of care bill
Warning against censorship, the US government has taken the extraordinary step of weighing in on Australia's Digital Duty of Care bill, which would require social media platforms to block harmful content and allow an algorithm opt-out.
Triple Zero should be taken out of Telstra’s hands, report says
A Senate inquiry into Triple Zero service outages has recommended stripping Telstra of its emergency call person function and launching a review into the Australian Communications and Media Authority.
Construction PRO
‘We set the rules’: Victoria unveils new data centre regulations
New rules announced by the Victorian Labor government will require data centre developers to generate their own renewable energy supply, invest in local jobs and stay out of residential areas.