AUD News 

Honduras appeals WTO landmark ruling on Australia’s plain tobacco packaging

“In a landmark ruling, the WTO panel said Australia’s law improved public health by reducing the use of tobacco products, rebuffing claims that alternative measures would be equally effective” writes Midwest Communications Inc for 95kqds.com. Australia’s law, introduced in 2010, bans logos and distinctively colored cigarette packaging in favor of drab olive packets with brand names printed in small standardized fonts. Source: 95kqds.com Share This:

Read More
AUD News 

Australia sees losses due to investment scams jump 299% in one week

“A type of investment fraud that has been gaining momentum in Australia involves cryptocurrencies” reports financefeeds.com. The numbers, published earlier today, show that Australians reported massive $954,308 being lost to investment scams in just one week – the one to July 15, 2018.Earlier in 2018, Consumer Affairs Victoria, a business unit of the Department of Justice & Regulation, within the Victorian government, warned about Bitcoin scams.The most recent data adds to gloom from reports about scam activities in the first half of 2018, when Australians lost $26,378,380 due to investment…

Read More
AUD News 

Amazon hands goodwill to eBay with move to shut Australians out of overseas sites

“While neither Amazon nor eBay provide data on visitors to their sites and estimating their share of Australia’s A$26 billion-a-year online retail market is difficult, customer dissatisfaction with Amazon Australia is not hard to find” writes Midwest Communications Inc for 95kqds.com. Securities analysts argue, however, that Amazon plays a long game and that given its track record in dominating online retail in many countries, whatever missteps it makes can be fixed over time. Source: 95kqds.com Share This:

Read More
AUD News Platforms 

Microsoft, KPMG Announce Next B2B Solution

“Dubbed KPMG Azure healthcare analytics, the platform will provide performance and security solutions for healthcare firms that safeguard patient data under U.S. HIPAA regulations” reports pymnts.com. The solution provides small business joint customers with a holistic business management offering, including payroll, accounting, banking, inventory and other back-office functions. Bharat Rao, Ph.D. — KPMG data and analytics leader for Healthcare & Life Sciences, and partner with KPMG in the U.S. — noted in a statement, “With our Azure-based healthcare analytics platform, organizations can experience the benefits of a cloud-driven solution featuring the security and controls…

Read More
AUD News 

Croatia’s dream World Cup run ignites diaspora in Australia

“You’ve got to understand how huge this is,” said Veljko Bosnic, president of the Dalmacija Sydney Croatian Club in Australia, home to one of the largest ex-pat Croatian communities in the world outside of Europe” writes Midwest Communications Inc for 95kqds.com. “To win would be a dream come true for our small country, plus for Croatians around the world. Source: 95kqds.com Share This:

Read More
AUD News 

ASIC Slaps Commonwealth Bank of Australia With $20 Million Fine

“According to the statement, the multinational bank has entered into a court enforceable undertaking with ASIC, due to Federal Court proceedings that were launched by the regulator in January” reports financemagnates.com. In the proceedings, the Australian bank admitted to the Federal Court in Melbourne that it tried to affect where the BBSW set on five separate occasions between January 31, 2012, and June 15, in 2012. Source: financemagnates.com Share This:

Read More
AUD News 

Australia prepares to ban Huawei from 5G project over security fears

“Although Australia’s intelligence agencies are unwavering in their advice, Turnbull has yet to formally sign off on the Huawei ban” writes Midwest Communications Inc for 95kqds.com. But Australian intelligence agencies have told lawmakers that oversight will not allay their concerns, two political sources who have been briefed on the matter told Reuters.In 2012, Australia banned Huawei from supplying equipment to the country’s National Broadband Network, which has been hampered by technological failures. Source: 95kqds.com Share This:

Read More
AUD Crypto News Platforms 

IBM Signs $740 Million Deal With Australian Gov’t to Use Blockchain for Data Security

“IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports Thursday, July 5” reports cointelegraph.com. The major contract will see IBM provide technology such as blockchain, automation and artificial intelligence (AI) to Australian federal departments, including defense and home affairs. IBM for its part has been steadily expanding its involvement in blockchain across diverse fields, with its Blockchain Platform successfully used just this week to power the first live operations in a major…

Read More
AUD News 

IBM secures AU$1B contract to be the central technology partner to Australian government over the next five years, providing automation and blockchain services

“International Business Machines Corp. has secured a A$1 billion ($740 million) agreement to become a central technology partner of the Australian government over the next five years” writes Hans Lee for bloomberg.com. IBM, which is combating falling revenues, will also create renewed platforms to protect citizens’ data while providing A$100 million in savings to taxpayers, according to government estimates.The “youth of the technology” and the employment of Australians to support and help the implementation would be hallmarks of the new partnership, she said. Source: bloomberg.com Share This:

Read More