Posts tagged "Stephen Jones"

Compensation for small businesses hit by yesterday's Optus network outage "has to be on the table," Financial Services Minister Stephen Jones says, as entrepreneurs across the country deal with the aftermath of lost sales and severed communications.

The corporate cop has taken down more than 2,500 investment scam and phishing websites in the past four months alone. 

Australia is finally getting crypto exchange regulation, with Assistant Treasurer Stephen Jones detailing the proposed new rules on Monday.

Insurance premiums could fall if insurers did a better job of recognising the disaster mitigation efforts taken by their policy-holders, Assistant Treasurer and Minister for Financial Services Stephen Jones said.

It was meant to slash costs and complexity for Australian businesses. Instead, the federal government has scrapped the Modernising Business Registers program, owing to billion-dollar blowouts, crushing delays, and a significant underestimation of the task at hand.

INKPAY, a buy now, pay later platform dedicated to tattoos has collapsed into administration, after claiming the cost of new regulations which treat BNPL like a traditional credit product will be too much to bear.

After years of scrutiny, BNPL products such as Afterpay will now be regulated under The Credits Act. Assistant Treasurer Stephen Jones announced the move on Monday.

Cryptocurrency and blockchain weren't to be found anywhere in the 2023 budget papers, even regarding regulation, and we can't find out why.

Should the bill not pass before June 30 this year, small businesses which upgraded their technology in 2022-2023 on the expectation of a generous tax break will go into the new financial year without legislation underpinning their 'bonus' deductions.

Employers will need to pay their workers' superannuation every time they pay their regular wage, thanks to a significant change to retirement saving rules introduced by the Albanese government.

A troubled project to consolidate ASIC's technical hairball of business registries has been sent back to the mechanic’s shed before the budget.

Scammers are monitoring public social media pages for commenters seeking assistance with their tax payments or MyGov registration and reaching out to those taxpayers from bogus accounts, the federal government states.