Accounting software company MYOB Group has abandoned plans to acquire competitor Reckon, citing concerns over uncertainty in its business from further potential delays in the regulatory process to approve the proposed deal.
With Australia now one of "the leading countries of cloud adoption in the world", and with the ability for business to be global having happened long ago, foreign regulations can have local implications.
Australia’s existing laws and regulations do not recognise automated vehicles, prompting the National Transport Commission to seek public input into the issue of safety assurance systems for the vehicles.
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