Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’
Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’

CBA chief executive Matt Comyn used the phrase ‘work slop’ to describe the low-quality AI output now flowing through corporate workflows, as token-billed AI costs scale with task complexity. Matt Comyn, chief executive of the Commonwealth Bank of Austr…

Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years
Australia’s workplace tribunal says AI-assisted claims have helped drive a 70% workload increase in three years

Australia’s Fair Work Commission has announced a review of its processes to cope with what it described as an estimated 70% workload increase over three years, driven in part by the proliferation of generative AI assistance tools. The commission, which…

Australia’s largest pension fund sees agentic AI as a disruption-class technology
Australia’s largest pension fund sees agentic AI as a disruption-class technology

The A$410bn pension fund is comparing the disruption to what retail and consumer services have already experienced. ASIC is already monitoring frontier-AI risks across the Australian financial system. AustralianSuper, the country’s largest pension fund…

How Melbourne’s AI and Data Center Flywheel Is Accelerating Research Innovation
How Melbourne’s AI and Data Center Flywheel Is Accelerating Research Innovation

This sponsored article is brought to you by Melbourne Convention Bureau (MCB) supported by Business Events Australia.Melbourne’s reputation as a global events city, from the Australian Open tennis and Formula 1 Australian Grand Prix to hosting NFL reg…

CBA names AI researcher Professor Mary-Anne Williams as Chief AI Scientist
CBA names AI researcher Professor Mary-Anne Williams as Chief AI Scientist

The Sydney-based AAAI Fellow joins the UNSW Business AI Lab to lead a team of Distinguished AI Scientists, in the latest step of Commonwealth Bank’s frontier-AI build-out. Commonwealth Bank of Australia appointed Professor Mary-Anne Williams as its fir…

Australia’s $22 billion answer to the question the Hormuz crisis asked
Australia’s $22 billion answer to the question the Hormuz crisis asked

When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, the largest increase since the Russia-Ukraine shock…

Australia unveils a 2.25% levy on Meta, Google, and TikTok’s local revenues if they refuse to pay news publishers
Australia unveils a 2.25% levy on Meta, Google, and TikTok’s local revenues if they refuse to pay news publishers

The News Bargaining Incentive applies from 1 July 2026. Platforms that deal with news organisations get full or partial offsets against the levy. The legislation explicitly excludes pure AI chatbot services from coverage. Communications Minister Anika …

Microsoft commits A$25 billion to Australia by 2029
Microsoft commits A$25 billion to Australia by 2029

The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional governme…

Apple starts checking your age before you download these apps

Apple now blocks 18+ app downloads in Brazil, Australia, and Singapore using automatic age checks. The company is also expanding similar tools in Utah and Louisiana as child safety laws spread worldwide.
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