Shoddy bank record-keeping hits savers as scammers lurk

30 July

Systemic shoddy record-keeping at big banks is risking the savings of Australians trying to benefit from a safe investment strategy. The financial regulator issued the warning around mortgage offset accounts, which are marketed to borrowers as a way...[Read More]

Pump and dump scams: how they work

23 July

HOW MOST PUMP AND DUMP SCAMS WORK: * A person sees an investment opportunity on social media * The post uses the image of a well-known commentator, investor or financial institution to build credibility * The opportunity is actually fraudulent,...[Read More]

Workers ‘forced’ to accept AI systems or leave jobs

23 July

Australians are at risk of losing jobs or being trapped in unethical situations as artificial intelligence use soars, despite the hopes of the federal government, an expert has warned. Prime Minister Anthony Albanese used a speech in mid-July to...[Read More]

Cyber awareness in everyday life: Five ways to avoid being scammed

16 July

Our everyday lives are increasingly managed online. We receive bills by email, banking alerts by text, delivery updates and payment requests through apps and websites. These services are convenient, but they also give scammers more opportunities to...[Read More]

‘Big tech wants this to fail’: beef-up for social ban

1 July

Tech companies have been dragging their feet on enforcing Australia’s child social media ban because they want the age limit to fail, federal leaders say. Existing provisions barring children under 16 from platforms like Instagram, TikTok,...[Read More]

Why teachers are creating AI-powered classroom helpers

17 June

Imagine you are training as a dentist and must treat a patient with sensitive teeth, a nervous disposition and a challenging diagnosis. Now imagine that patient is powered by artificial intelligence, programmed by your professor and designed to help...[Read More]

Apple boss praises social media ban in Albanese call

10 June

Child safety changes on Apple devices have been inspired by Australia’s ban on under-16s using social media. Apple’s chief executive Tim Cook has spoken with Prime Minister Anthony Albanese about the changes in a phone call on Tuesday, singling...[Read More]

Aussies pay up as use of artificial intelligence surges

4 June

More and more Australians are finding artificial intelligence so useful they are willing to pay for it. An analysis of 8.3 billion Westpac customer credit card and debit card transactions has found more than 150,000 retail customers in March paid...[Read More]

‘Scambling’: the scam on the rise catching out punters

3 June

Australians love to gamble, but if you’re going to try your luck, please don’t get lured in by illegal online gambling sites. That’s the message from one of Australia’s biggest telecommunications companies, which is ramping up its fight...[Read More]

More young Aussies understand AI but they still fear it

28 May

Almost two in three young Australians think artificial intelligence will be used to eliminate jobs and only two per cent think it will create them. Despite their concerns, more Aussies say they have a strong understanding of the technology and...[Read More]

Governments warned not to hold back AI, tech start-ups

27 May

Australia is well-positioned to take advantage of the global boom in artificial intelligence but governments and regulators need to get the policy settings right so they don’t stifle start-ups. That’s the message from two of the country’s...[Read More]

Canberra embraces AI data crunch for medicines to tax

13 May

Artificial intelligence will be deployed across the federal government for everything from evaluating medicines to identifying tax fraud in a bid to boost the nation’s productivity. A long list of AI trials were named in the federal budget on...[Read More]

AI chatbots might dob: Meta issues warning to teens

29 April

Teenagers who use artificially intelligent chatbots built into Instagram, Facebook and Messenger could be asked to explain themselves after Meta announced changes to parental controls. The US social media giant revealed it would prepare reports...[Read More]

Watchdog puts bite on ‘finfluencers’ deceiving Gen Z

29 April

Dodgy financial advice provided by social media influences is facing a crackdown, with Gen Z exposed to the misleading offers. The Australian Securities and Investments Commission has issued warning notices to four finance influencers, also known as...[Read More]

More young people like social media ban than oppose it

15 April

More young Australians support the government’s social media ban for under-16s than oppose it, a study has found, even though they remain concerned about missing out on information, news and social connections. But tweens and teens directly...[Read More]