by admin | Mar 28, 2018 | News & Analysis
APRA board member Geoff Summerhayes has criticised the insurance industry’s rush to use artificial intelligence, claiming that it will bring risks that are not yet fully understood. ...
by admin | Mar 27, 2018 | News & Analysis
The value of Bitcoin has fallen this week, following Twitter’s announcement of a ban on ads for initial offerings or sales of virtual currency. The crackdown is an attempt to reduce the amount of fraud and deception users are exposed to....
by admin | Mar 26, 2018 | News & Analysis
Canberra man Timothy Stewart McLeod has been sentenced for almost eight years’ jail after it was discovered he was part of a scheme that earned over $1 Million dollars from vulnerable clients of the ACT’s Public Trustee. Three other men have received similar sentences...
by admin | Mar 26, 2018 | News & Analysis
The leniency of Australia’s sanctions against companies that breach cartels or defraud consumers is set to become a more widely debated topic in light of the current banking royal commission. It is expected that corporate watchdogs will place a greater focus on...
by admin | Mar 23, 2018 | News & Analysis
There have been calls for the Turnbull government to promise a review of the drafted whistleblower protection legislation, after concerns the current draft bill is inadequate. Meanwhile, The Greens continue to push for a corporate whistleblower reward scheme. ...
by admin | Mar 22, 2018 | News & Analysis
It has been uncovered that Commonwealth Bank offered increased credit limits to a self-proclaimed gambling addict, after he had already racked up over $35,000 in credit card debt. The bank was aware of the addiction at the time....