Ed Husic’s AI centre of excellence to focus on ethical, humanist AI

Ed Husic’s AI centre of excellence to focus on ethical, humanist AI

The Labor party's $3 million pledge for a new artificial intelligence centre of excellence will aim to make Australia a hub of "ethical" AI development at a watershed moment of backlash against the internet giants, opposition spokesman for the digital economy Ed Husic has told The Australian Financial Review Innovation Summit. Mr Husic said 2018 would…
How to stop your assets going to the grave with you

How to stop your assets going to the grave with you

Have you made plans to protect or pass on your digital assets – financial and personal – after you die? If not, you're in good company. Most Australians don't know they are at risk of losing all their online chattels if they are killed or incapacitated. That's because they could take their secret passwords to the grave,…
How long before the big banks join in the rate hike party?

How long before the big banks join in the rate hike party?

It's a fair bet that top executives at the country's big four banks are feeling a special affinity with Hamlet at present as they grapple with their own burning question: Should they or should they not raise the politically sensitive home loan rate? Just like the moody Danish prince, top bank officials are caught in…
Only LNG imports can save east coast gas market: Mark Samter

Only LNG imports can save east coast gas market: Mark Samter

Only LNG imports can save the Australian government from a nightmare scenario of having to choose between breaking gas export contracts with Asian buyers or subjecting the east coast to real supply shortages, according to the respected energy analyst that sounded the alarm on the "slow train crash" looming in the market more than three years…
How to manage SMSF property investments in a falling market

How to manage SMSF property investments in a falling market

Lachlan MacPhee and Simon Gladysz believe the key to managing a property in their self-managed superannuation fund (SMSF) will be ensuring cash flow during good times and bad. The couple invested more than $500,000 in a popular inner-suburban Melbourne townhouse, which currently constitutes about 75 per cent of their SMSF's multi-asset strategy. They expect the comparatively…
APRA, business at odds with government over super crackdown

APRA, business at odds with government over super crackdown

The prudential regulator has warned that budget changes designed to shore up the retirement savings of young people and low-income earners will trigger double-digit premium rises for everyone else. The warning puts the Australian Prudential Regulation Authority on a collision course with the federal government, which says the changes will save vulnerable people over $600…
Why the idea of a Deep State is thriving

Why the idea of a Deep State is thriving

by Jeffrey Fleishman We are in a deep state time of conspiracies and invisible hands. Or so it seems. Donald Trump tweets about vast plots against him. Fox News sees conniving spies and Washington bureaucrats hatching covert schemes to bring down America. Orwellian podcasts muse on the end of days and "Why Big Brother is…
Afterpay surges 20pc after earnings increase

Afterpay surges 20pc after earnings increase

Shares in Afterpay Touch gained as much as 20 per cent after the company said underlying sales has increased by almost 40 per cent to $736 million over the quarter. The buy now, pay later payments provider said group revenue for the 2018 financial year would be around $142 million while earnings before interest,tax depreciation…
AMP’s lies to ASIC not material to share price

AMP’s lies to ASIC not material to share price

AMP's misrepresentations to the corporate regulator had no material impact on the company share price, says AMP as it defends five separate class actions filed after its share price got hammered during and after the banking royal commission. In the first of its defence to Quinn Emanuel's class action in the NSW Supreme Court, AMP…
Inspired by Hayne inquiry, NAB, BT throw down gauntlet to competitors

Inspired by Hayne inquiry, NAB, BT throw down gauntlet to competitors

National Australia Bank's support package for farmers and BT Financial Group's move to slash fees on its Panorama investment platform are the latest examples of the positive financial impact of the Hayne inquiry. NAB chief executive Andrew Thorburn announced a package of measures for rural clients during a speech on Monday to a group of…

Must Read

- Advertisement -