Commissioner Carly Kind is concerned about the speed at which the fast-evolving technology is being used.
The Australian sharemarket lifted on Thursday despite a negative lead from Wall Street after Jerome Powell revealed the US Federal Reserve would hold its cash rate steady and moving to reassure another rate hike is unlikely despite stubbornly high inflation.
The Australian sharemarket extended its gains on Tuesday as investors marked time ahead of the US Federal Reserve’s key interest-rate meeting later this week.
A rally in US technology stocks helped the Australian sharemarket snap back on Monday,reversing some of last week’s sell-off that plunged the local bourse to a three-month low.
Rathbone Wine Group has returned to exporting its vintages to mainland China,but the road to international export recovery remains rocky.
Australian shares sunk to almost three-month lows after higher-than-expected inflation figures in the United States and Australia pushed bond yields higher and weighed on the local bourse.
Tritium was viewed as a national success story and its collapse leaves a significant gap:“Who’s going to fill that space when we’re trying to build the charging network?”
The ACCC has not certified a key federal government program used by more than 500 companies to promote their environmental credentials.
Market watchers expect further pain as tensions between Iran and Israel mount and quarterly domestic inflation figures are released this week.
Australian authorities are examining a proposed deal that would benefit a fund that has been described as a “slush fund” for Russian President Vladimir Putin.
Australian stocks dived for their seventh session in the past days,with investors fearing the ramifications of escalating tensions in the Middle East,also weighing on the market was a US labour report,released overnight,that reaffirmed bets interest rates would remain higher for longer.