As Australia enters the back half of 2021, it is reasonably safe to assume the country is closer to the end of the COVID-19 pandemic than it is to the beginning. While snap lockdowns remain an unfortunate fact of life, it is happening at the same time of accelerating vaccination trends while daily new infection rates remain extremely low.
Australian Competition and Consumer Commission commissioner Cristina Cifuentes is leaving the commission after more than seven years in the role.
Demand for executives in the ICT sector in July dropped 3%, unable to continue from its small gain of the previous month, as executive employment across all business and industry sectors plunged for the sixth month in a row.
A surprisingly high proportion of MIT's Center for Information Systems Research sponsors are Australian organisations.
The data breach at human resources outfit PageUp People has resulted in the leaking of names, street addresses, email addresses and telephone numbers among others, the company has said in an update on Tuesday.
HR company PageUp People has suffered a huge data breach due to a malware infection and could have leaked details of personnel from a number of companies which are its clients: the Commonwealth Bank. the Australian Broadcasting Corporation, Telstra, NAB, Coles, Aldi, Medibank, Australia Post, Target, Reserve Bank of Australia, Officeworks, Kmart, Linfox, AMP, Asahi, Sony, Newcrest, the University of Tasmania and Lindt.
Card payments provider Tyro Payments wants the Reserve Bank to take further action to eliminate interchange fees which banks and other financial institutions charge each other for processing credit and debit card transactions.
The use of contactless cards for payments is picking up in the Australian market with the technology starting to gain traction and greater acceptance by banks, merchants and consumers, according to a newly released study.
The Reserve Bank of Australia has called for Expressions of Interest (EoIs) for a new software-based core banking system.
EFTPOS Payments provider Tyro Payments wants the fees banks and other financial institutions charge each other for processing credit and debit cards to be abolished.
Perth-based and owned online financial services company Kikka Capital is launching one of Australia’s first online business lending platforms for SMEs.
The Australian Competition and Consumer Commission is proposing to reauthorise an agreement between members of the FeeSmart ATM sub-network to not charge each other’s cardholders a fee for transactions at ATMs owned by members.
Merchant EFTPOS payments provider Tyro says the move this year to mandatory PIN codes instead of signatures on credit and debit card purchases will better protect consumers and help stamp out card theft and skimming.
Consumer advocacy group CHOICE wants a toughening up by regulators on credit card fees, calling on them to enforce surcharge limits.
Australia probably doesn't need a large information technology production industry, and may be better focusing on being sophisticated users, the Reserve Bank Governor Glenn Stevens said.
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