Australia Government

Reserve Bank board member Iain Ross has been appointed to chair South Australia’s new Royal Commission into artificial intelligence.

Treasurer Jim Chalmers has publicly questioned Reserve Bank of Australia Governor Michele Bullock after she suggested that the national unemployment rate may need to rise to 5%.

Australian Prime Minister Anthony Albanese called for global AI regulation following an unauthorized system breach by an OpenAI agent.

RBA Governor Michele Bullock stated that the national unemployment rate must rise to between 4.5% and 5% to successfully rein in persistent inflation.

The National Reconstruction Fund appointed its director of investments for resources, Lauren McGregor, as the head of its $5 billion Net Zero Fund.

Prime Minister Anthony Albanese stated that Australia supports diplomatic cooperation between the US and China to establish safety protocols for artificial intelligence.

The federal Opposition has unveiled a proposal to halve the fuel excise if crude oil reaches US$100 a barrel over a two-week rolling average.

Australia’s Department of Home Affairs is considering regulatory changes that could require any organisation hacked by an autonomous artificial intelligence tool.

The Australian federal government is assessing a potential ban on camera-equipped smart glasses across Commonwealth workplaces, Centrelink service centres, and CSIRO laboratories.

The Albanese government announced a suite of administrative visa crackdowns to restrict temporary visitors and international students from extending their stay in Australia.

The Australian Government will introduce new ministerial directions to restrict temporary visa holders after legislative negotiations with the Coalition collapsed.

The Australian Senate has voted to launch an enquiry into the management of the nation's $350 billion mortgage offset account market following widespread banking failures.