Increased fines for companies that have serious data breaches are one step closer, after new laws passed the lower house. The bill will hike up fines for breaches from $2.2 million to either $50 million, 30 per cent of a company’s turnover during the affected period,...
Australian mining magnate Andrew Forrest is pushing for a global moratorium on seabed mining, saying the world risks destroying what it is yet to understand. Dr Forrest is in Egypt for COP27 and is using the climate summit to campaign against the extraction of seabed resources...
Australia’s mentors of mining technology are trying to bring manufacturing home but foreign raiders continue to snap up local talent. Swedish equipment giant Epiroc, whose $2.5 million electric truck drove onto the floor of a recent mining expo, is acquiring Australian innovation at a rapid pace...
With interest rates rising almost everywhere, including Australia, people have begun tightening their purse strings as best they can. However, decreasing spending to ensure your expenses match your reduced budget could mean barely any savings or none at all. Good thing there are several ways by which...
A cyber security policy outlines: technology and information assets that you need to protect threats to those assets rules and controls for protecting them and your business It’s important to create a cyber security policy for your business – particularly if you have employees. It helps your employees to...
Australians owe almost $45 billion in unpaid taxes – and the tax office is coming to collect. Collectable debt rose by 69 per cent to $44.8 billion in 2021/22, from $26.5 billion in 2019 before the COVID-19 pandemic hit. Gathering that money will be the Australian Taxation...
An unexpected surge in inflation is weighing heavily on consumers and pushing confidence towards pandemic lows. The Reserve Bank’s delivery of a 25 basis point rate hike for November, taking the cash rate to a nine-year high of 2.85 per cent, will likely weaken consumer confidence...
It’s every worker’s dream: getting paid for more hours than they actually work. And for Australian staff at Unilever ANZ, it’s about to become a reality. The maker of Dove, Rexona, Continental and Streets products announced on Wednesday that from November 14, its workers would trial a...
Employers and workers will have access to a one-stop-shop of resources to combat sexual harassment and create gender inclusive and safe workplaces. Launched by Sex Discrimination Commissioner Kate Jenkins, the Respect@Work website will help employers prevent and respond to sexual harassment. The website is one of the...
Are you getting ready for a long-awaited holiday? You probably have plenty of preparation and planning to do, especially if you have pets. Whether taking your pet with you or leaving it with a trusted caregiver, there is still much to take care of. Travelling with your...