A key part of CBA’s investment in developing skills and expertise for Australia’s digital economy Commonwealth Bank is significantly expanding its technology graduate intake and hiring 219 new technology graduates in 2023 – a 284 per cent increase compared to its 2020 intake. CBA’s technology graduate program is designed to…
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Generative AI set to change the way Australians live and work
One million Australians were already using ChatGPT in January 2023 Australians are showing strong interest and rapidly adopting new Generative AI applications such as Open AI’s ChatGPT, according to new research from the Australian emerging technology analyst firm, Telsyte. One in five Australians aged 16 and older were already aware…
Read MoreAustralian Govt. ambitious regarding cyber security
Australia first in three of four assessment criteria – critical infrastructure, organisational capacity and, importantly, policy commitment. Australian Minister for Home Affairs Clare O’Neil delivered a speech on cybersecurity in Canberra on March 23, 2023. She began by honouring the Ngunnawal and Ngambri people of Canberra and acknowledging the Indigenous…
Read MoreExpanding digital platform ecosystems to be examined
This report will assess how that data can leveraged across products and services The ACCC will examine the expanding ecosystems of digital platform service providers in Australia as part of its’ five-year Digital Platform Services Inquiry. Large digital platform service providers, like Alphabet (Google), Amazon, Apple, Meta (Facebook) and Microsoft, continue…
Read MoreLatitude Financial hit by cyber incident
A month after the financial company closed its BNPL services in Australia Financial announced on 16 March 2023 that it had detected unusual activity on its systems which it can now confirm as a sophisticated, well-organised and malicious cyber-attack which remains active. The company recognised distress to customers caused by…
Read MoreAIIA welcomes changes to international student visas
The IT sector is now Australia’s third largest economic sector Australia’s peak body for innovation technology, the Australian Information Industry Association (AIIA), welcomes the changes announced by The Hon. Minister Jason Clare and The Hon. Minister Clare O’Neil to extend post-study work rights for international students in Australia to help…
Read MoreNumber of fintech deals falls from 2021 high
The sharp drop-off highlights the rapidly shifting marekt Australian fintech investment deal volume fell to 123 transactions in 2022, from a historical high of 187 transactions in 2021, according to the Pulse of Fintech H2’22 – a bi-annual report published by KPMG highlighting global fintech investment trends. While a record…
Read MorePrime ministers’ cyber security roundtable
Australia’s cyber security is a fundamental priority for the government Today the Prime Minister led a Cyber Security Roundtable, focused on the whole-of-nation effort required to protect Australians and our economy, with the aim of making Australia the most cyber secure nation by 2030. We invited leaders from the public…
Read MoreSocial media platforms asked questions about online child abuse
Tackling online child sexual abuse Australia’s eSafety Commissioner has served legal notices on social media giants Twitter and TikTok, and one of the world’s largest technology companies, Google, requiring them to answer tough questions about how they are tackling online child sexual abuse. The notices have been issued under the…
Read MoreResponsible AI to tackle pandemics, drought and emissions
Grants will support valuable research in ethical artificial intelligence Three Australian-US scientific teams will set their sights on minimising the impact of health pandemics, harmful environmental emissions and drought using AI approaches. Minister for Industry and Science Ed Husic welcomed the announcement that the US National Science Foundation and Australia’s…
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