Australia Ends Card-Payment Surcharges Nationwide
Businesses may no longer add payment-method surcharges to major credit, debit and prepaid cards.
Businesses may no longer add payment-method surcharges to major credit, debit and prepaid cards.
Insurance Australia Group has settled Credit Suisse’s A$2.8 billion claim over insurance policies linked to the collapse of Greensill Capital, removing one of the largest remaining pieces of litigation from the supply-chain financier’s failure.…
Australia’s Senate inquiry into artificial intelligence has asked the chief executives of OpenAI and Anthropic to appear at a public hearing, extending parliamentary scrutiny of an AI agent that accessed federal government systems, including…
Victoria’s royal commission into alleged corruption and criminal influence on major public construction projects has opened its public work, beginning an inquiry with powers to compel witnesses, obtain documents and examine whether taxpayer money…
Australia’s government is pressing ahead with a proposed digital duty of care for online platforms after the United States warned that the plan could encourage censorship of speech protected under American law. The U.S.…
OpenAI and Anthropic have asked Australia to reconsider its refusal to create a copyright exception for training artificial-intelligence systems, proposing a limited regime rather than an unrestricted right to use creative work. The submissions…
Australia’s corporate regulator has told the private-credit industry that its period of warnings is ending, after a review found weak governance, obscure fees and valuations that can disguise deteriorating loans. The Australian Securities and…
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