DIRS.INFO The most relevant business & tech news

Tech billionaire Elon Musk on Thursday called the Australian government “fascists” over plans to crack down on misinformation online. Social media companies could face fines up to 5% of their global revenue if they enable the spread of misinformation, under a law proposed Thursday by Australia’s Labor government. Musk, who considers himself a free speech advocate, made the one-word comment in a repost on his social media platform X of an article about the proposed legislation. “Elon Musk’s had more positions on free speech than the Kama Sutra,” Government Services Minister Bill Shorten told the Australian network Channel Nine on Friday. The case is one of several that are ongoing between X and the Australian regulator, eSafety.

Persons: Elon Musk, ”, Musk, “ Elon Musk’s, Stephen Jones, Elon, ” Jones, Michelle Rowland, X, Anthony Albanese Organizations: Tech, Social, Australia’s Labor, Government, Australian, Australian Broadcasting Corp, “, ”, Twitter Locations: Australia

☆ Australia boasts rare budget surplus, before spending pressures intensify
▼ + stars: | 2023-05-08 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

FILE PHOTO: Tourists walk around the forecourt of Australia's Parliament House in Canberra, Australia, October 16, 2017. “Providing responsible, targeted relief is the number one priority in our Budget,” Chalmers told lawmakers, while also lauding the improvement in the budget bottom line. High prices for Australia’s commodity exports have also delivered a windfall to mining profits, and thus tax receipts, though prices are now well off their peaks. The government also raised its long-term commodity price assumptions in the budget, which is expected to contribute billions of dollars in extra revenues. Walker believed the revised commodity price projections were still conservative.

☆ Australia eases pathway to citizenship for New Zealanders
▼ + stars: | 2023-04-22 | by ( ) edition.cnn.com time to read: +2 min

Australia announced on Saturday a direct pathway to citizenship for New Zealanders living in the country, reversing controversial visa rules a day before a visit by New Zealand Prime Minister Chris Hipkins. Hipkins, set to visit Queensland state’s capital Brisbane on Sunday, hailed the move as “the biggest improvement in the rights of New Zealanders living in Australia in a generation”. “Kiwis taking up Australian citizenship will still retain their New Zealand citizenship. The changes also meant children born in Australia since July to an Australia-based New Zealand parent would be automatically entitled to Australian citizenship, he said. Around 670,000 New Zealand citizens live in Australia, while there are around 70,000 Australians in New Zealand, according to Australia’s Department of Foreign Affairs and Trade.

Search resuls for: "Australia’s Labor"

3 mentions found