Push to regulate social giants like traditional media after Christchurch

Push to regulate social giants like traditional media after Christchurch

"It's absolutely outrageous," said Dr Sacha Molitorisz, a researcher at the Centre for Media Transition at UTS, which has backed the ACCC's call for a regulatory overhaul. "There needs to be regulatory accountability for sharing content that is inciting violence, that is inciting hatred," he said. "If you're Sky News, and you're publishing news that…
WiseTech, Atlassian rev growth engines

WiseTech, Atlassian rev growth engines

Both companies’ shares prices are now hovering just below record levels. And the Rich Lister founders of both business – Atlassain’s Mike Cannon-Brookes and Scott Farquar, and WiseTech’s Richard White – are determined to keep investing as they look to reinforce the competitive advantage of their businesses. Speaking to White on Tuesday, it’s clear where…
Macquarie axes family guarantees, SMSF investment loans

Macquarie axes family guarantees, SMSF investment loans

Some loans, such as using equity in a residential property to raise money for a small business, are under closer scrutiny as property prices continue to slide and small businesses, particularly in retail and building, are under growing financial pressure. AMP and CBA, the nation's largest lender, both pulled out of SMSF lending last year…
‘Two-faced hypocrite’: Daley slammed for Asian remarks

‘Two-faced hypocrite’: Daley slammed for Asian remarks

Agrees to apologise On Tuesday Mr Daley said he would apologise to anyone who was offended and had used "Asia" in the geographic sense rather than to complain about racial competition. Chinese community groups didn't have any immediate response to the comments, which were made when Mr Daley was deputy opposition leader. The footage was…
Janine Allis boosts housing market with $6.3m sale

Janine Allis boosts housing market with $6.3m sale

Earlier this month, a six-bedroom house in Canberra's Chapman sold for $2.33 million, $330,000 above reserve, to a buyer who had already drawn up plans to build a family home elsewhere. But Australia's housing market is still struggling to recover from a downturn that the Reserve Bank last month called "a significant area of uncertainty"…
Apple will have to have hit shows, target iPhone users with its TV service

Apple will have to have hit shows, target iPhone users with its TV service

Given that pay-TV customers historically spent more than $100 a month on TV subscriptions, getting users to pay for one more service might not be too much of a stretch. "It's fair to say the market is primed for consumers to subscribe to multiple services and they do already," Fadaghi says. Apple could also bundle…
Redneck to murderer: rise of far right new challenge for Australia

Redneck to murderer: rise of far right new challenge for Australia

"On the other hand, this guy was not even part of us. I had journalists all day calling me, 'Do we know him?' We don't even know him. "He is a gamer, he is a troll. His whole manifesto is a troll. He is an eco-racialist - that's not even us. "The media they've got a…
ASX’s blockchain project gets nasty

ASX’s blockchain project gets nasty

The report accuses the ASX of not providing a business case setting out all the costs and benefits. It says “mechanisms to manage conflicts of interest and use of market power have not been addressed in a transparent manner”. The report says no principles have been established to describe how any created value from the…
Westpac: We’re no Storm Financial

Westpac: We’re no Storm Financial

It was the reference to the Townsville-based Storm Financial, however, that appears to have unsettled the bank the most. Storm Financial was revealed as ground zero for inappropriate financial advice after the global financial crisis with an estimated $3 billion of investor capital torched because of bad advice. Westpac is the last of the big…
APRA warns against super fund activisim

APRA warns against super fund activisim

TWU attacks super boards Transport Workers Union national secretary Michael Kaine, an alternate trustee of TWUSuper, said super funds must regularly review the employment issues of companies they invest in. Mr Kaine attacked super fund boards for paying "lip service" to environmental, social and government investment principles and backed a harder approach against employers with…

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