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Consumer safety

April 2023

Without a pause to the commercial battle for AI supremacy, society is looking at an unrecognisable future.

To regulate or not to regulate AI ... That is not the question

Unlike Terminator, our AI saviour won’t be a doomsday prepper with a gun, we need a sensible coalition of political leaders, ethicists, community groups and experts.

  • Julie Inman Grant

July 2022

John Minns.

NSW terminates real estate regulator after 8 months

The latest ruction in governance of real estate, a sector of the economy that supports 37,000 jobs, sets back reform moves underway.

  • Michael Bleby
Dave Excell, founder of AI anti-fraud company Featurespace.

Aussie AI whizz left to study at Cambridge, but founded a unicorn

Dave Excell just wanted to do a PhD, but serendipity led him to switch from study to start-ups. Now his artificial intelligence business is heading for unicorn status.

  • Hans van Leeuwen
Binary options, over the counter derivatives, could be banned for retail investors for the rest of the decade.

ASIC to extend retail investor ban on binary options

Losses on the all-or-nothing derivative have fallen to zero among retail investors, after ASIC intervened to ban the risky product last year.

  • James Eyers

May 2022

Empty shelves in Target in Washington show the infant formula shortage is serious

US orders ‘Operation Fly Formula’ to ease chronic shortages

The US Defence Department will start flying formula from Switzerland to ease a shortage that has even emptied shelves in the US capital.

  • Matthew Cranston
Advertisement

May 2021

EBay is enabling “trusted” regulators to directly take down listings for unsafe and banned products, such as toy riot guns, from eBay’s marketplace.

Regulators allowed to directly remove dangerous eBay listings

Online marketplace eBay has created a special portal which enables Australian regulators to take down unsafe and banned goods without eBay’s permission.

  • Tom Burton

April 2020

A good time is had by all ... Britons queuing outside a shop in London.

A stark preview of shopping after lockdown

No change rooms, no shopping with friends, queues outside, one-way aisles, plexiglass at tills - a post-lockdown shopping trip will be more functional than fun.

  • Updated
  • Hans van Leeuwen

January 2020

ASIC Plenary session 8: Technology and the future of markets. Scott Farrell, head of the Australian Government's Review into Open Banking and Partner, King & Wood Mallesons Tuesday 20th March 2018 AFR photo Louie Douvis .

New 'data right' inquiry could wrest payments function from banks

The government could wrest control of payments away from major banks, with a King & Wood Mallesons partner to consider if fintechs can initiate payments.

  • James Eyers and Matthew Cranston
PHOTO by Anthony Smith, Falls Festival at Lorne?2016 THE SUNDAY AGE NEWS 31st December 2016

How the fires could change summer music festivals

The future of the summer music festival model is being reconsidered after a slew of cancellations and postponements due to bushfires.

  • Tim Boyd

June 2019

Owners of the 17 apartments in Shore Dolls Point, at 172-174 Russell Avenue, are lead claimants in the cladding class action suit against the suppliers of Alucobond panels.

Cladding class action: Not our fault, Alucobond supplier says

Sydney-based Halifax Vogel says consumer law provisions do not apply in this case.

  • Michael Bleby

Original URL: https://www.afr.com/topic/consumer-safety-1mvq