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Stephen Jones

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Anthony Albanese’s government will charge social media companies for operating in Australia, with the money used to fund traditional media companies.

Pay up by January 1 or face huge penalties, government tells Zuckerberg

Labor plans to legislate a yearly charge in the tens of millions of dollars on big social media platforms to fund journalism.

  • Paul Sakkal and Calum Jaspan

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Commonwealth Bank’s group executive for retail banking services, Angus Sullivan.

CBA caves in to pressure over plan to charge $3 for branch withdrawals

Facing a backlash, the bank has paused a move that would have led to about 50,000 extra customers charged for withdrawing cash from branches.

  • Sumeyya Ilanbey, Millie Muroi and Clancy Yeates
The life insurance industry has been allowed to ask for genetic screening results when issuing some policies.

Insurers banned from jacking up premiums based on your genes

People who undergo genetic testing for medical purposes will never be obliged to share their results with insurers, and insurers will not be allowed to ask.

  • Natassia Chrysanthos

Who really runs the country? The secret roles of Albanese’s ministers

Anthony Albanese’s ministers have portfolios – they also have other roles: confidantes, influencers, attack dogs. And some are more equal than others.

  • James Massola
Anna Bligh, chief executive of the Australian Banking Association,

Banks open to overlooking student debt in home loans – but there’s a catch

The banks say it should be up to financial regulators to determine whether student debt gets special treatment in mortgage assessments.

  • Natassia Chrysanthos and Angus Thompson
Elon Musk

Watchdog wins urgent court bid to make X take down stabbing videos

After Elon Musk compared the take-down order to something from a communist regime, politicians have lined up to slam the owner of X for acting like he is above the law.

  • Paul Sakkal
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Assistant Treasurer Stephen Jones has slammed Meta’s efforts to tackle scams on its platforms as “not good enough”.

‘Not good enough’: Minister lashes Meta as losses rise from scams on Facebook

New data from the National Anti Scam-Centre shows older Australians are increasingly losing money through scams on Facebook and Instagram, while reported losses are declining from telephone and SMS scams.

  • Lisa Visentin
Scammers will be looking to exploit shoppers during the holiday period.

‘Don’t click the bloody blue link’: Christmas shoppers warned over online scams

Australians have lost millions to scams already this year, and the government has warned that criminals will be looking to exploit shoppers over Christmas and new year.

  • Rachel Clun
Financial services minister Stephen Jones has put super funds on notice over poor customer service.

Government mulling superannuation as part of aged care solution

Sources close to the government said it was a “no-brainer” for super to be part of the mix for funding aged care as costs climb over the next decade.

  • Natassia Chrysanthos
Assistant Treasurer Stephen Jones said the government was “clearly” thinking about caps on super tax concessions.

Capping super balances an option to stop ‘taxpayer-funded inheritance scheme’

Assistant Treasurer Stephen Jones says all options are on the table when it comes to limiting the growing cost of super tax concessions.

  • Rachel Clun

Original URL: https://www.watoday.com.au/topic/stephen-jones-5fz