Australian employees financial wellness at all-time low

Organizations risk losing employees as household budget needs are prioritized The challenging financial circumstances faced by many Australians have led to increased job search behaviour, with employees seeking better pay packets to address their household budget needs. Despite a slight decrease in business confidence and consistent employee perceptions of job…

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ACCC launches inquiry into data broker services

Lack of transparency and consumer awareness prompts ACCC’s investigation The Australian Competition and Consumer Commission (ACCC) has opened a call for submissions from consumers, businesses, and interested stakeholders regarding data broker services in Australia. This initiative is part of the ACCC’s ongoing five-year digital platform services inquiry, which aims to…

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Emerson and Cavendish to accelerate hydrogen development

Emerson will contribute its extensive expertise in automation Emerson, a global technology and software leader, has announced a strategic collaboration with Cavendish Renewable Technology (CRT), an Australian start-up specializing in hydrogen technologies. The partnership aims to expedite the deployment of CRT’s innovative hydrogen production solutions by leveraging Emerson’s automation and…

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Controversy erupts in AI assistance for peer reviews

ARC_Tracker highlighted the use of AI in peer reviews In a startling revelation, allegations have emerged that some peer reviews of grant applications submitted to the Australian Research Council (ARC) may have been written with the assistance of artificial intelligence (AI). The use of AI in the review process has…

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Australian innovation competition seeks Australia’s best solutions

$US150K in prizes to reward great Aussie innovation The Australian Innovation Competition has been launched to uncover and recognize exceptional innovations from across the country that offer creative solutions to real-world challenges. The competition welcomes entries from individuals of all ages and backgrounds, aiming to showcase Australia’s ingenuity and untapped…

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APRA takes action against Medibank

Following the recent major cyber incidents The Australian Prudential and Regulation Authority (APRA) has announced that it will be acting against Medibank Private following a review of a major cyber incident that occurred in October 2022. The action comes after APRA examined the incident and identified weaknesses in Medibank’s information…

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Appointment of new national cyber security coordinator

Air Marshal Goldie will bring a wealth of experience and expertise to the position Air Marshal Darren Goldie AM CSC, a distinguished veteran with a 30-year career in the Royal Australian Air Force (RAAF), has been selected as the first National Cyber Security Coordinator of Australia. His appointment comes as…

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FIIG securities response to cyber incident

Russian hackers claim responsibility for the incident Australian bond broker FIIG Securities has confirmed that it was the target of an unauthorized cyberattack, resulting in the breach of personal information. The company has taken immediate action by launching an investigation, engaging third-party cybersecurity experts, and isolating affected systems. Upon discovering…

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Employment opportunities drive mobility across Australia

Mobility across Australia is at its highest point since March 2018 According to the March quarter Regional Movers Index, employment and business opportunities are driving a significant increase in movement between major cities and regional areas in Australia. The index, a collaboration between the Commonwealth Bank of Australia and the…

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Business innovation grants to solve challenges

This initiative demonstrates how the Australian Government is supporting small businesses The Business Research and Innovation Initiative (BRII) in Australia has awarded grants totaling nearly $US5 million to five companies to develop innovative digital technologies that facilitate compliance and service delivery. The Regulatory Technology round of the BRII aims to…

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