The head of Australia’s competition regulatory authority, Rod Sims, says disruption and dislocation in media markets - and a regulatory imbalance between traditional media and digital platforms - should concern all Australians.

Australians are expected to suffer record losses to scammers exceeding $532 million by the end of this year, surpassing half a billion dollars for the first time, according to the latest Scamwatch report from the Australian Competition and Consumer Commission (ACCC).

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.