The Albanese government appears unlikely to accept the findings of the Senate’s Economics References Committee looking into the influence of international digital platforms.
Lead image: Liberal senator Andrew Bragg, chair of the Senate Economic References Committee.
The committee handed down its recommendations on Friday and recommended establishing a single body to coordinate data collection, algorithmic transparency, a new “right to delete” data for users and improving pathways to resolve disputes.
But the committee’s work seems to have been carried out in vain with government senators believing that the report does not differ significantly to the ACCC’s digital platforms inquiries which form the basis of current policy.
Government senators provided additional commentary on the report saying that Albo and his team were already taking a look at the sector.
“Government senators are of the view that a whole of government response to the regulation of digital platforms is the most efficient way to address digital platforms power, influence and wide impact on the economy and consumers.
“Importantly, this whole of government response is already underway. Significant reforms are being progressed by the government through the Australian Competition and Consumer Commission’s (ACCC) Digital Platform inquiries and the Attorney-Generals’ Review of the Privacy Act 1988 (Privacy Act). Other initiatives from across government portfolios complement these reforms.
“Regulation of digital platforms is a policy matter being addressed globally, and it is important reforms pursued domestically—where appropriate — align with developments internationally. Government senators are of the view that lessons from overseas should be considered and applied to reforms in Australia as part of the whole of government approach”.
However, the report did say that existing bodies, including the ACCC and the Office of the Australian Information Commissioner (OAIC), should be upskilled and given extra resources to manage the digital platforms.
The Consumer Policy Research Centre said in its submission that, “Experts such as data scientists, artificial intelligence engineers, information security analysts and other technical professionals need to be in the mix to support upstream regulation and mitigate the risk to consumers, potentially before widespread harm has occurred”.
However, even the committee noted that this upskilling would not fill the regulatory gaps.
Despite Liberal senator Andrew Bragg, the committee’s chair, saying that “with all Australians interacting with at least one big tech platform daily, it is important that regulations reflect this market concentration and influence. They live under our roof, they must play by our rules”, the report was something of a damp squib.
Acronis has appointed Kelly Johnson (lead image)as the new general manager for Australia and New Zealand. Johnson will lead the channel-focused business, strengthening relationships with distributors and supporting partners to meet the cybersecurity demands of modern businesses in the region. With the growing pressure on Australian businesses for cybersecurity and the drive to comply with […]
Aquent has released its 2024 Australian Salary Guide for marketing, design, and technology talent. This year, it explores how marketing, design, and technology roles are expanding, deep dives into gender pay gaps, and examines the movement of salaries year-on-year—both in growth and decline. Paired with Aquent’s 2023 Talent Insights Report, the Salary Guide helps organisations […]
The hiring market is experiencing significant change, fluctuating between a frenzied candidate-short market and a more cautious employer-driven market, according to Talent’s ‘More Than Money Salary Guide 2024’. Tech and digital salaries continue to steady out but remain strong for key skillsets such as cybersecurity and AI. The report features key salaries, roles and skills […]
While 2021’s big workplace trend was The Great Resignation, 2024’s big trend is likely to be ‘The Big Stay’ in Australia, concludes modern HR platform HiBob in its latest research of young Australians working in the tech sector. The combination of decreasing Australian job vacancies and a remarkable increase in job satisfaction among Australia’s young tech workers in 2023 […]
Investors’ optimism that the FED would be cutting interest rates was dampened this week after better-than-expected consumer spending data. New retail data showed an increase in Americans spending in December, particularly on clothing and merchandise. The Atlanta FED also increased its expectations of annual growth in the fourth quarter of December to 2.4 per cent […]