Live and recent posts from across the Fediverse tagged #businessandindustryregulation, aggregated by home.social.
Economic pain collides with regulatory changes for small businesses
By Adelaide Miller
More businesses are falling behind on payments as operators face policy changes, inflation and interest rate rises.
#SmallBusinesses #CentralBanks #BusinessandIndustryRegulation #GovernmentPolicy #AdelaideMiller
KPMG ban on government work extended after 'serious ethical failings'
By Nassim Khadem
The federal government extends its ban on KPMG bidding for new government work until at least the end of February, following allegations its audit partners misused client data then mishandled a whistleblower's complaint.
#AccountingandAuditingServices #AccountingCrime #BusinessandIndustryRegulation #FederalParliament #FederalGovernment #NassimKhadem
Interests of homebuyers and sellers collide in fight for transparency
The real estate industry says new laws targeting agents underquoting a house price are well-intentioned but poorly designed.
https://www.abc.net.au/news/2026-10-16/underquoting-victoria-new-laws/107259380
#RealEstateIndustry #PropertyPrices #BusinessandIndustryRegulation #HousingPolicy #ConsumerProtection
ACCC takes Kmart to court over nail glue burns and button battery safety
By Liana Walker
The consumer watchdog has taken legal action against Kmart, alleging it breached Australian consumer law by selling millions of bottles of nail glue that caused burns.
https://www.abc.net.au/news/2026-10-15/accc-take-action-against-kmart-over-nail-glue/107270918
#Courts #ConsumerProtection #BusinessandIndustryRegulation #LianaWalker
Investing bonanza as younger Australians lean on AI advice
By David Taylor
The ASX said a record 11.5 million Australian adults now hold investments outside traditional superannuation and their main home. Emerging trends include taking AI advice, investing in crypto and the doubling of ETF ownership.
#PersonalInvesting #StockMarket #Cryptocurrency #BusinessandIndustryRegulation #DavidTaylor
Pope's AI adviser warns Australia's copyright changes risk 'new form of colonialism'
By Cam Wilson
Father Paolo Benanti is a Franciscan friar but he's also a key adviser to the Vatican on AI and he has a warning for Australia on the actions of AI companies.
#AI #AIEthics #BusinessandIndustryRegulation #FederalGovernment #CamWilson
Government says perpetrators of financial abuse will be pursued in court
By Nassim Khadem
Perpetrators of financial abuse who use the tax and social security systems to create debts as a form of coercive control could soon be held liable.
#Superannuation #Tax #FinancialServices #FinancialAdvisers #BusinessandIndustryRegulation #FederalGovernment #FederalParliament #Laws #NassimKhadem
Browse fields is our last great gas reserve, yet report says we don't need it
By Daniel Mercer and Keane Bourke
The giant resource basin off WA's Kimberley coast has eluded oil and gas players for decades, and fresh analysis argues it should stay that way, despite a last-ditch bid by Woodside and its partners to seize the prize.
#OilandGas #ClimateChange #BusinessandIndustryRegulation #StateandTerritoryGovernment #DanielMercer #KeaneBourke
More than 300 scientists say AI oversight needed after 'preventable' hacks
By Ahmed Yussuf
Hundreds of scientists from more than 30 countries call for greater AI safety measures in an open letter, saying that without them, critical infrastructure risks being exposed.
#AIEthics #InternationalOrganisations #WorldPolitics #BusinessandIndustryRegulation #AhmedYussuf
Critics warn of 'Santos-sized loopholes' in gas reservation plan
By Daniel Mercer
Industry players say draft gas reservation plans are full of carve-outs that will let a venture many blame for rising prices off the hook.
https://www.abc.net.au/news/2026-10-12/critics-decry-santos-gas-reservation-loopholes/107249780
#OilandGas #FederalParliament #FederalGovernment #BusinessandIndustryRegulation #Trade #DanielMercer
'Someone has to pay': Small businesses grapple with card surcharge ban
By Danuta Kozaki
Customers still prefer to pay with cards, but a week after a ban on payment surcharges, small businesses are looking at how they will wear the cost of merchant fees.
#SmallBusinesses #RetailIndustry #BusinessandIndustryRegulation #BusinessEconomicsandFinance #DanutaKozaki
Union says cruise ship crews still open to exploitation under legal loophole
By Jasper Wells
Cruise ship workers will get some new protections following an ABC investigation, but critics say the exemption that left them vulnerable should never have existed and remains largely in place through to 2028.
#Cruises #BusinessandIndustryRegulation #TravelandTourism #JasperWells
Breaking: Hollard insurance fined $2m for handling of claim that destroyed home
By Adelaide Miller
The Federal Court blasts Hollard's handling of an insurance claim which left a regional Victorian destroyed and uninhabitable.
#Insurance #BusinessandIndustryRegulation #BusinessEconomicsandFinance #Courts #CompanyNews #AdelaideMiller
AI digital human Yuri has 100,000 fans and now a Chinese ID card
By Bang Xiao
Beijing is issuing AI digital humans with identity cards in a bid to hold companies accountable and ensuring state surveillance applies to the virtual world.
https://www.abc.net.au/news/2026-10-07/china-trials-identity-card-for-ai-digital-humans/107232848
#AI #AIEthics #Technology #BusinessandIndustryRegulation #BangXiao
Jobseekers exploited by scammers on LinkedIn
By Yiying Li
Sophisticated fraudsters posing as recruiters and using other dubious tactics are taking advantage of desperate jobseekers after announcing they're #opentowork.
#EmploymentServices #ScamsandFraud #BusinessandIndustryRegulation #SocialMedia #YiyingLi
Retailers predict price rises under RBA's surcharge reforms
By Adelaide Miller
Surcharge bans are supposed to save consumers money but retailers say they're being forced to put prices up and are finding ways around the reforms.
Howard-era minister voted to outlaw offshore casinos, then co-founded one
By Julian Fell
Former federal minister De-Anne Kelly has been revealed as a co-founder of offshore casino LuckyBet.
#Gambling #BusinessEconomicsandFinance #LawCrimeandJustice #BusinessandIndustryRegulation #CorporateGovernance #JulianFell
More than 1,000 large companies paid no tax in Australia, ATO reveals
By Nassim Khadem
Almost 30 per cent of large companies paid no tax in 2024-25, an Australian Taxation Office report reveals, resulting in the corporate tax amount payable dropping by $8.2 billion from the previous year.
#TaxEvasion #Tax #BusinessandIndustryRegulation #FinancialServices #DataCentres #OilandGas #MiningandMetalsIndustry #NassimKhadem
Childcare centre forced to close after recording 126 breaches
By Joanna Woodburn
Jenny's Kindergarten and Early Learning Centre at Bathurst has been shut down due to non-compliance and child safety risks.
https://www.abc.net.au/news/2026-09-30/bathurst-childcare-centre-forced-to-shut/107212612
#ChildCare #EarlyChildhoodEducationandCareServices #BusinessandIndustryRegulation #JoannaWoodburn
Four years since retail laws passed, but no help for cafe owner
By Kelsey Reid
A cafe owner in dispute over a building compliance issue may have to take their case to court, as a retail law passed four years ago is yet to be enacted.
https://www.abc.net.au/news/2026-09-30/tasmanian-retail-small-business-law-not-yet-enacted/107163098
#SmallBusinesses #RetailIndustry #AdministrativeLaw #Businesses #BusinessandIndustryRegulation #StateandTerritoryParliament #KelseyReid
Banks cut rewards programs, free travel insurance amid surcharge ban
By Adelaide Miller
Sweeping reforms from the Reserve Bank start this week, as banks hike fees and slash rewards programs in preparation.
#Banking #PersonalFinance #BusinessandIndustryRegulation #AdelaideMiller
'Forced down our throats': Most of us never chose an AI world. Yet here we are
By Doug Dingwall, Steven Viney, and Jarrod Fankhauser
Australians are the most sceptical in the world about AI. Overseas, it's a different story.
https://www.abc.net.au/news/2026-09-25/trust-in-ai-across-australia-and-asia-pacific/107096784
#AI #Technology #InformationTechnologyIndustry #BusinessandIndustryRegulation #AIEthics #Internet #DougDingwall #StevenViney #JarrodFankhauser
Collapsed caravan company referred to ASIC amid $9 million debt
By Josh Dye
A creditors' meeting for Australian Off Road, which collapsed last week, reveals the caravan maker owes about $9 million.
https://www.abc.net.au/news/2026-09-24/australian-off-road-caravans-creditors-meeting/107182046
#TourismandLeisureIndustry #CompanyNews #Industry #SmallBusinesses #Manufacturing #BusinessandIndustryRegulation #TravelandTourism #JoshDye
All consumers to pay for EV chargers under power monopoly 'waiver'
By Daniel Mercer
A bitter fight is brewing between EV charging companies and poles-and-wires companies, and now a regulator has weighed in.
#ElectricVehicles #BusinessandIndustryRegulation #EnergyIndustry #ElectricityProductionandDistribution #Transport #DanielMercer
Breaking: NAB customers experiencing phone and internet banking outages
By Adelaide Miller
NAB is experiencing a digital outage across multiple platforms including its mobile app, internet banking and phone services.
#Banking #FinancialServices #BusinessandIndustryRegulation #AdelaideMiller
Watchdog again blocks sale of RAC WA insurance arm to east-coast giant
By Callum Liddelow
Australia's competition watchdog again blocks the sale of WA's largest insurer to an east-coast industry giant, reiterating the purchase would likely reduce competition in the state's insurance market.
https://www.abc.net.au/news/2026-09-23/watchdog-blocks-sale-of-rac-wa-insurance-arm-to-iag/107184622
#Insurance #CompanyNews #ConsumerProtection #BusinessandIndustryRegulation #CallumLiddelow
'Clock is ticking' as ASIC warns private credit sector investors could bail
By David Taylor
ASIC commissioner Simone Constant has fired a shot across the bow of Australian private credit, warning the clock is ticking on poor lending practices.
#CreditandLending #BusinessandIndustryRegulation #ConsumerProtection #MonetaryPolicy #Banking #DavidTaylor
Tips for consumers hit with a debt collection notice
By Adelaide Miller
This year has been a perfect storm for financial stress.
https://www.abc.net.au/news/2026-09-17/what-rights-do-you-have-with-debt-collection/107134498
#PersonalDebt #FinancialServices #BusinessandIndustryRegulation #AdelaideMiller
AI data centre provider could become one of Australia's biggest stock floats
By Paddy Manning and Ashleigh Barraclough
AI data centre developer Firmus Technologies is seeking financial backers ahead of a multi-billion-dollar share market float next month, with one expert saying "mum and dad investors" are likely targets.
#DataCentres #AI #BusinessandIndustryRegulation #PaddyManning #AshleighBarraclough
Concerns raised over 'problematic culture' at Suncorp's debt collector
By Adelaide Miller
Insurance giant Suncorp's debt collector spent months using AI to harass an 81-year-old woman into paying a claim she was not responsible for.
#Insurance #PersonalDebt #BusinessandIndustryRegulation #AdelaideMiller