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...