Rabu, 03 Juli 2019

Trump Is Right That “Much Can Be Learned” From Australia’s Immigration Policies. - Slate

Facilities at the Manus Island Regional Processing Centre

Facilities at the Manus Island Regional Processing Centre, used for the detention of asylum-seekers who arrive by boat, are pictured on Oct. 16, 2012, in Papua New Guinea.

Australian Department of Immigration and Citizenship via Getty Images.

Australia’s asylum policies—which see asylum-seekers languishing for years under inhumane conditions in offshore detention centers in Papua New Guinea and Nauru—are already a source of great shame for many Australians. Widely condemned by human rights groups and the United Nations, the policies contravene various human rights charters, including the 1951 Refugee Convention and even the Convention Against Torture. A U.N. report called on Australia to close the offshore centers, finding “inadequate mental health services, serious safety concerns and instances of assault, sexual abuse, self-harm and suspicious deaths; and about reports that harsh conditions compelled some asylum seekers to return to their country of origin despite the risks that they face there.” Just last week, a former detainee who spent six years on Manus Island begged the U.N. Human Rights Council to hold Australia to account, calling the centers—not just the circumstances they were fleeing—a humanitarian crisis.

But when Donald Trump—the U.S. president whose administration separates children from their families to deter asylum-seekers—says there is much to be learned from Australia’s immigration policies, it’s a fresh reminder of just how bad things have become.

On his way to a working dinner with newly reelected Prime Minister Scott Morrison at the G-20 summit in Japan last week, Trump tweeted out four Australian government flyers, noting that “much can be learned” from them:

These anti-asylum posters, which are no longer in use, were created by the Australian government in 2014, back when Morrison (who at one point had been in charge of encouraging people to come to the country, as director of Tourism Australia) was immigration and border protection minister. One displays a small boat on rough open waters, with a message echoing beloved quasi-anthem “I Still Call Australia Home” in warning, “NO WAY. YOU WILL NOT MAKE AUSTRALIA HOME.” The unwelcome posters were just one of Australia’s many controversial advertising campaigns aimed at deterring refugees from attempting to reach Australia’s shores by boat by convincing them the journey would not end in refuge. Australia has invested heavily in such campaigns, which over the years have included videos and even graphic novels depicting detainees in distress, showing off the cruelty they will face if they come. Critics such as former Greens immigration spokesperson Sarah Hanson-Young have labeled the campaigns “fearmongering propaganda”—they are, like much of Australia’s immigration policy, heartless.

It’s not the first time Trump has praised Australia’s hard-line policies: In 2017, then–Prime Minister Malcolm Turnbull was attempting to convince Trump to uphold a deal negotiated under the Obama administration for the U.S. to resettle detained asylum-seekers who had been attempting to reach Australia. When Turnbull explained Australia’s policy of not accepting those who seek asylum via boat, Trump reportedly told him, “We should do that too. You are worse than I am.”

Trump is reportedly a fan of Turnbull’s successor, Morrison, repeatedly comparing his recent surprise upset to his own (and, of course, declaring that he saw it coming). It’s not clear where Trump saw the Morrison posters, but they seem to represent a friendly little tip from one tough-on-borders leader to another, just as the image of a drowned Salvadoran migrant father and daughter made headlines around the globe.

The lesson Trump presumably wants to draw from these posters is how better to deter people from seeking asylum—something those people have every right to do under international law. As Trump said when he saw the viral image from the U.S. border, “A very very dangerous journey. And by the way many other things happened. Women being raped; women being raped in numbers nobody believed.” The Australian government often justifies its cruelty as a deterrent: to discourage refugees from making the “very very dangerous journey” by sea by making it clear that they will never be settled in Australia, and will suffer greatly if they try to be. It’s for their own good, the government says while simultaneously stoking fears of a flood of boats making their way to Australia if they weaken their system even slightly—punishment in the name of protection.

As Kon Karapanagiotidis—founder and CEO of the Asylum Seeker Resource Centre and one of the most outspoken refugee advocates in Australia—laid out in a reply to Trump’s tweet, there is a swath of horrors to learn from Australia, if abject cruelty and maximum suffering are what you’re aiming for.

The most obvious thing for the U.S. to learn from Australia is not to go down this path. This should be obvious enough, from the list Karapanagiotidis shared, from the conditions these human beings live under with no end in sight.

The most obvious thing for the U.S. to learn from Australia is not to go down this path.

But there is an especially acute lesson to take away from this about not allowing cruelty to become normalized. Just like in the United States, this has been an incremental slide for Australia. Many of the asylum-seekers who try to reach Australia attempt to come by boat via Southeast Asia. Mandatory detention of these migrants for the assessment of “unlawful arrivals,” implemented in the early ’90s by a Labor government with a 273-day limit, soon became offshore detention. The 2000s conservative coalition government implemented the “Pacific Solution,” interning asylum-seekers on nearby island nations instead. Temporary detention soon became seemingly permanent, with a later coalition government declaring that no asylum-seeker who arrives by boat will ever be allowed to live in Australia, regardless of the legitimacy of her claim. (The only options for detainees are to return to their home countries, something they are often pressured to do, or wait for a resettlement deal to be negotiated.) The system has become increasingly secretive, with the media unable to access the camps, and those working within them facing jail time if they leak information.

Many Australians object to the detention centers, but system is now so ingrained in the country’s politics that it’s difficult to see an end to it. Both sides of political spectrum support the general principle of offshore detention, with the left-wing Labor Party now unwilling to drift too far from this new “norm,” lest it be labeled weak on border security. Having backed itself into a corner, the government now has to convince other nations to take its detainees in order to free them—something the U.S. is taking part in under refugee exchanges, although it has rejected up to 300 so far.

It’s not too late for the U.S. to avoid this path. As Jason Wilson wrote in the Guardian just a few days before Trump drew the comparison, “Australia’s camps are now baked into its national politics. … The longer that they are in place in the US, Italy and elsewhere, the more likely it is that in those countries, too, they will become permanent features of the political landscape.”

At first, the U.S. left seemed to be doing a good job at this—something Australia could learn from. The left rallied fiercely against the Trump administration family separation policy when it first came out that children were being kept in detention facilities, forcing Trump to sign a June 2018 executive order putting an end to the practice. At the time, the hearteningly effective use of protest made me sad about Australia’s own failure to mobilize effectively or early enough against its now-ingrained inhumane policies.

However, after Trump signed the executive order, returning many traumatized children to their families, that outrage seemed to simmer out—despite hundreds of children remaining in detention. Recent weeks have seen the issue reenter the public consciousness, with the discovery that many more children were separated than first thought, and an inspection of a Clint, Texas, detainment center revealing appalling conditions. There has been a renewed push, led by Rep. Alexandria Ocasio-Cortez, to again label these kinds of camps “concentration camps,” which, accurate or not, has reenergized opposition to them and turned the facilities into a central issue for 2020 Democratic candidates. But outrage fatigue is real, and the second rarely matches the first. Australia may be beyond the capacity to feel outrage at this point, with reports of a mental health crisis—dozens of detainee suicide attempts and acts of self-harm since the unexpected reelection of Australia’s conservative government in May—barely moving the needle.

There are also lessons for the U.S. media to be taken from Australia. It is essential that journalists keep reporting on and scrutinizing the horrific conditions in these detention facilities and keep finding ways to get the message across. But perhaps most importantly, they need to fight any efforts to impose laws or policies banning access to the centers for journalists and advocates, as the Australian government did in 2015, passing the draconian Australian Border Force Act, which made it a criminal offense for whistleblowers to reveal anything that happens in the detention centers to the media. Journalists have little access themselves, with the Pacific nations that house Australia’s detention centers refusing almost all journalist visa requests—something that Australia is believed to have had a hand in. For the most part, all the Australian public now gets from inside these camps are rare leaked recordings and the Twitter feeds of prominent detainees. Australian journalists and advocates fought this law, and I don’t mean to demean or question their efforts here. But it’s important for the U.S. media to take heed. Images and reports have proved incredibly potent in swaying public opinion, and so, from Trump’s perspective, a lesson here might be to implement something similar.

There are lessons, too, for Democrats to learn from Australia’s major left party, the Labor Party, not to bow to public pressure to be “strong” and “tough” on border control. Despite recent efforts to provide some relief, in the form of a bill allowing for the temporary transfer of detainees to Australia for medical or psychiatric treatment passed in Parliament with the support of Labor and a number of independents, Labor has proved spineless on the issue, with mandatory offshore detention now more or less a bipartisan policy.

Many in the party may oppose the practice, but overall, Labor is afraid to differentiate itself from the right, lest it be labeled weak on national security—something the coalition has attempted to do in the wake of Labor showing the smallest ounce of compassion in helping pass the medical transfer bill. Democrats need to decide how they intend to fight this system, rather than just try to alleviate some of the suffering it creates. Some argue that billions in emergency funding for the southern border only props up the system, advancing a fundamentally inhumane set of policies.

Trump’s desire to “learn” from a horrific policy that has been repeatedly slammed by the U.N. Human Rights Council is hardly surprising. But for once, he’s right—in a sense. There are many lessons to be learned from Australia. The most important? Take note of them before a system becomes seemingly too ingrained to do much about it.

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https://slate.com/news-and-politics/2019/07/trump-morrison-australia-immigration-manus-nauru.html

2019-07-03 14:28:00Z
CAIiEDrdp14RaQ814YFFHjQbRwUqFQgEKg0IACoGCAowuLUIMNFnMLnhAg

Australia's big banks get squeezed as cash rate drops to record low - Yahoo Finance

FILE PHOTO: The logo for the Commonwealth Bank of Australia adorns their head office in central Sydney

By Paulina Duran

SYDNEY (Reuters) - Australian bank earnings are getting squeezed by the central bank's move to cut the cash rate to a record low 1%, analysts and investors say, as it gets harder to reduce deposit rates to offset the cheaper mortgages they must now offer borrowers.

Shares of the so-called Big Four banks fell between 0.73% and 1.2% in the 24 hours following Tuesday's cut, underperforming an otherwise rising market.

Commonwealth Bank of Australia, the biggest of the four, is seen as one of the most susceptible because it has the largest deposit book and cannot drop rates much lower to its existing customers.

"It is bad for their earnings, and that's mostly because they have a very large deposit book paying near zero rates, which doesn't go down any more," said Simon Mawhinney, chief investment officer at fund manager Allan Gray.

"So the cost of funds tends to stay more or less fixed, but their interest income falls with the rate cuts."

On Tuesday, the Reserve Bank of Australia (RBA) lowered the cash rate by 25 basis points, the second easing in two months to support an economy forecast to grow at its slowest pace in a decade.

The cut will reduce the bank's margins by about 3 basis points and cut earnings by up to 2.5% for the current financial year, according to Morgan Stanley. Each bank, however, does its best to try and hedge this impact by investing in longer-dated bonds. The lenders' profits took a hit last year from weak credit growth, and charges to cover hefty legal bills and remediation costs linked to widespread wrongdoing in the sector.

In an attempt to protect margins, three of Australia's four biggest lenders resisted public pressure to pass on the central bank rate cut in full to mortgage customers, although the strategy risks triggering a public rebuke from the government.

At the same time, banks tended not to drop interest rates on savings and deposit accounts by the full quarter of a percent.

Following a bank share rally last month driven by relief a change of government would not cut tax incentives for property buyers, investors and analysts are now reining in their earnings expectations.

This is particularly so now that the RBA has hinted it is open to a third rate cut this year as it attempts to revive the country's sluggish economy.

"Rate cuts typically happen at the point of the cycle when the economy is quite weak and credit growth is low," said Mawhinney.

"So rate cuts are bad, all round, for banks."

JP Morgan banking analysts told clients on Wednesday in a note that given ANZ had passed on the full benefit of the cut to borrowers, its earnings would now be lowered by about 2%.

It warned that any further rate cuts would require the banks to hold back much more because "saver base rates have hit their lower bound".


(Reporting by Paulina Duran in SYDNEY; Editing by Shri Navaratnam)

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https://finance.yahoo.com/news/australias-big-banks-squeezed-cash-095434154.html

2019-07-03 09:54:00Z
CBMiUGh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9hdXN0cmFsaWFzLWJpZy1iYW5rcy1zcXVlZXplZC1jYXNoLTA5NTQzNDE1NC5odG1s0gFYaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3MvYXVzdHJhbGlhcy1iaWctYmFua3Mtc3F1ZWV6ZWQtY2FzaC0wOTU0MzQxNTQuaHRtbA

Selasa, 02 Juli 2019

Australian boy falls between train and platform in frightening video - Fox News

Australian authorities Tuesday released heart-stopping footage of a boy slipping into the gap between a train and the station platform.

The 4-year-old is seen in surveillance video on a crowded platform, walking toward a train door when suddenly he slips through the crack.

JAPANESE RAILWAY SAYS DEAD SLUG RESPONSIBLE FOR CHAOS THAT DELAYED 12,000 TRAIN PASSENGERS

Other passengers and staff at the Sydenham Station in Sydney were quick to jump into action to rescue the boy, according to Australia's 9News.

The frightening incident reportedly happened in February, but the country's transport ministry released the footage this week in an effort to warn adults to pay close attention to kids during summer break.

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“One split second lapse in concentration could see the loss of life of a child and we don't want to see that,” Andrew Constance, the transport minister, said.

Children slipping between the train and platform isn't a rare occurrence. According to the news outlet, nearly 70 children fell through such a gap at train stations in Australia during the past year alone.

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https://www.foxnews.com/world/australia-boy-train-platform-video

2019-07-02 14:03:02Z
CBMiQGh0dHBzOi8vd3d3LmZveG5ld3MuY29tL3dvcmxkL2F1c3RyYWxpYS1ib3ktdHJhaW4tcGxhdGZvcm0tdmlkZW_SAURodHRwczovL3d3dy5mb3huZXdzLmNvbS93b3JsZC9hdXN0cmFsaWEtYm95LXRyYWluLXBsYXRmb3JtLXZpZGVvLmFtcA

Australian police arrest 3 over alleged Sydney terror plot - New York Post

CANBERRA, Australia — Three men were arrested on Tuesday over an Islamic State group-inspired plot to attack a variety of Sydney targets including police and defense buildings, courts, churches and diplomatic missions, police said.

A 20-year-old suspect had been monitored by police for a year since he returned to Sydney from Lebanon, Australian Federal Police Assistant Commissioner Ian McCartney said. He was known to police in Lebanon.

The suspect is expected to be charged with preparing for a terrorist act and preparing to enter Afghanistan for the purpose of engaging in hostile activities on behalf of the Islamic State group, McCartney said, adding that he was to go to Afghanistan to take part in a separate plot. He could be sentenced to life in prison on each charge if found guilty.

“There were a number of plans both internationally in terms of him traveling overseas, but also a domestic plan which was evolving at the same time,” McCartney said.

A 23-year-old man is expected to be charged with being a member of a terrorist organization, the Islamic State group. He could be imprisoned for 10 years.

A 30-year-old man who is an associate of the other two was expected to be charged with obtaining financial benefit by deception through fraudulently claiming unemployment benefits. He too faces 10 years in prison. The men are expected to appear in a Sydney court by Wednesday.

McCartney said the planning was in its early stages, and that the men had yet to obtain guns or explosives.

The plot was the 16th major terrorist attack to be thwarted by police in Australia since the threat level was raised in September 2014, McCartney said.

Home Affairs Minister Peter Dutton said the case demonstrated Australia’s need for temporary exclusion orders like Britain has.

The government will introduce a bill to Parliament on Thursday that would allow him to prevent an Australian citizen from returning to Australia for a period of up to two years if that citizen posed a threat.

“This is incredibly important because it will be alleged in relation to one of the individuals who has been arrested and charged today that he returned from overseas as an Australian citizen and obviously given his activities that he’s alleged to have been involved in over the course of the last 12 months, has resulted in his arrest today,” Dutton told reporters.

“We obviously have a very serious threat in this country. The fact that now 16 attempted terrorist attacks have been disrupted successfully within our country says to the Australian public that this threat has not diminished, it’s not going away and it remains current, particularly when we got Australians overseas in a theater of war being trained by ISIL or being inspired otherwise on line and we want to deal with those people as best we can,” Dutton added. ISIL is an acronym for the Islamic State group.

Dutton said the three Sydney residents came to know each other by sharing extremist views online.

The Islamic State group is expanding its footprint in the mountains of northeastern Afghanistan, recruiting new fighters and plotting attacks on the United States and other Western countries, U.S. and Afghan security officials have told The Associated Press.

Nearly two decades after the U.S.-led invasion of Afghanistan, the extremist group is seen as an even greater threat than the Taliban because of its increasingly sophisticated military capabilities and its strategy of targeting civilians, both in Afghanistan and abroad. Concerns run so deep that many have come to see the Taliban, which have also clashed with IS, as a potential partner in containing it.

A U.S. intelligence official based in Afghanistan told the AP that a recent wave of attacks in the capital, Kabul, is “practice runs” for even bigger attacks in Europe and the United States.

Bruce Hoffman, director of the Center for Security Studies at Georgetown University, sees Afghanistan as a possible new base for IS now that it has been driven from Iraq and Syria.

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https://nypost.com/2019/07/02/australian-police-arrest-3-over-alleged-sydney-terror-plot/

2019-07-02 07:46:00Z
CAIiEBfB_fowkXIYty0ehTDKuf8qGAgEKg8IACoHCAowhK-LAjD4ySww69W0BQ

Senin, 01 Juli 2019

South China Sea tensions: ‘Step up patrols - or face dictatorship’, Australia warned - Express.co.uk

And failure to act ran the risk of Australian itself eventually finding itself “strategically reliant on the benevolence of an expansionist dictatorship”, it warned. A report published on the website of the Australian Strategic Policy Institute and written by Sam Fairall-Lee echoed remarks by US Chief of Naval Operations last month, who encouraged Australian counterparts to be more active in countering in the region. Mr Fairall-Lee wrote: “According to Australia’s chief of navy, Michael Noonan, the recent Indo-Pacific Endeavour deployment demonstrates to our regional partners the fleet’s ‘growing capability’.

READ MORE:

“That may be true, but in maritime Southeast Asia, capability needs to be seen in relative terms, and I’m not sure that the arrival of a couple of Australian ships provides much confidence to countries staring down the People’s Liberation Army Navy, which in raw numbers is now the largest navy on earth.

“Moreover, when Noonan speaks of the deployment sending a ‘strong message’ that Australia is a ‘committed partner’, the obvious question arises: committed to what? Commitment to exercises and partnerships is terrific, but we hold exercises and have a partnership with China too, so what reassurance are we actually giving?

“‘Committed to the region’ is a common cliche, but it’s so vague as to be meaningless.”

The Association of Southeast Asian Nations () - consisting of Thailand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Brunei, Myanmar (Burma), Cambodia, Laos - counted on allies to counter China’s power in the South China Sea, Mr Fairall-Lee said.

He explained that if the US and Australia wanted to build “real credibility” with Southeast Asian nations in an effort to counter China’s power in the South China Sea there was a need to demonstrate “more than just capability while repeating vague platitudes”.

Mr Fairall added: “We need to clearly demonstrate intent and a willingness to take risks to counter China’s aggression.

“The environment has changed and we can’t just do what we’ve done before.”

Joint maritime patrols with ASEAN partners were one way of underlining such a commitment, and while ASEAN states have previously regarded joint patrols with the US as unnecessarily inflammatory, the same was not necessarily true for Australia, he claimed.

He added: “Our involvement would be less outwardly provocative than that of the US and more likely to gain support from ASEAN countries.

“Indonesia, for one, has repeatedly raised the possibility with Australia, and been given a quiet ‘no thanks’.

“But joint patrols of the southern reaches of the with Indonesia would be a good starting point in clearly signalling our rejection of China’s aggressive actions, while also expanding military-to-military links in an operational environment.

Patrols would need to need to “to confront an extremely complex and sensitive geopolitical and operational environment” and would require “carefully crafted and workable rules of engagement”.

Mr Fairall-Lee said: “These difficulties aren’t to be understated, but they’re also not impossible to resolve.

“Such a move would risk worsening the ‘deep freeze’ in Australia–China relations. But focusing only on the short-term consequences ignores the bigger problem: with all hopes of China becoming a ‘responsible stakeholder’ now dead, the capacity for to constrain our maritime freedom of movement will only grow as its power grows.

“Without action, at some point we’re likely to find ourselves strategically reliant on the benevolence of an expansionist dictatorship.

“To change the dynamics, we need to help foster a meaningful, US-led collective balance to China’s maritime power within Southeast Asia.

"And the same old flag-waving won’t cut it.”

Speaking in May, said: “I think every nation is going to have to assess the situation and their own approach.

“But at some point navies are meant to get under way and be present and provide options to their countries’ leadership.

“How they choose to do that is a matter of their national sovereign approach”.

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https://www.express.co.uk/news/world/1147666/south-china-sea-threat-latest-australia-patrols-us-china-military-asean

2019-07-01 16:54:00Z
CBMidGh0dHBzOi8vd3d3LmV4cHJlc3MuY28udWsvbmV3cy93b3JsZC8xMTQ3NjY2L3NvdXRoLWNoaW5hLXNlYS10aHJlYXQtbGF0ZXN0LWF1c3RyYWxpYS1wYXRyb2xzLXVzLWNoaW5hLW1pbGl0YXJ5LWFzZWFu0gF4aHR0cHM6Ly93d3cuZXhwcmVzcy5jby51ay9uZXdzL3dvcmxkLzExNDc2NjYvc291dGgtY2hpbmEtc2VhLXRocmVhdC1sYXRlc3QtYXVzdHJhbGlhLXBhdHJvbHMtdXMtY2hpbmEtbWlsaXRhcnktYXNlYW4vYW1w

Australia's open banking regime: Generic product data available from 1 July - ZDNet

The first iteration of Australia's Consumer Data Right (CDR) is live from 1 July 2019. But with submissions only closing recently for the governing rules and standards, and legislation stranded in Parliament, the mandate will only apply to the banks' own product data for now.

The Australian Competition and Consumer Commission (ACCC) was tasked with implementing the CDR, which has been touted as allowing individuals to "own" their data by granting them open access to their banking, energy, phone, and internet transactions, as well as the right to control who can have it and who can use it.

The first sector to which the CDR will apply is finance, through an open banking regime.

The banks have been preparing for the looming mandate, with Westpac CEO Brian Hartzer for example predicting the initial financial damage due to open banking to be around AU$200 million to his organisation. The National Australia Bank (NAB), meanwhile, told ZDNet in December that it was pretty well-placed to handle open banking with the internal data strategy and cloud-first strategy it is currently in the process of implementing.

The big four banks were initially asked to have consumer data available by 1 July, but that deadline has now been pushed to 1 February 2020.

As of today, the four banks will need to have access to generic product data for credit and debit cards, deposit accounts, and transaction accounts made available via an application programming interface (API).

This will allow product data from ANZ, the Commonwealth Bank, NAB, and Westpac to be easily compared.

"The pilot program will lay initial foundations to test the performance, reliability and security of the system before any personal consumer data is shared. It will also give software developers and fintechs a network of financial institution's data to build and improve financial services," Westpac chief data and strategy officer Jamie Twiss said.

See also: Big four banks passing the buck on open data regulation  

In November 2017, following a handful of Senate Economics Committee probes of the big four banks in Australia, the CDR was officially announced.

Fast forward to 29 March 2019 and the ACCC published draft rules that would guide the implementation of the CDR. Only a few months prior, the ACCC was unsure how banks could provide consumers with their data, but took a red marker to the calendar to say ANZ, CBA, NAB, and Westpac needed to make consumer data available on credit and debit card, deposit, and transaction accounts, at minimum, by the start of the 2020 financial year.

The rules also said all remaining banking institutions were to be ready to implement the open banking tranches around 12 months after the major banks.

While working on what open banking would look like, the ACCC decided to announce in February that energy data would join the CDR mandate in early 2020.

The draft rules were shaped around the ones for banking, and they weren't received with enthusiasm.

The Australian Privacy Foundation (APF) in March said the CDR privacy safeguards were not sufficient, and that the government has "severely" underestimated the need for more thought across the entire legislative change.

Meanwhile, the Communications Alliance is concerned that the legislation will not be overly applicable to industries other than banking, and that the rushed through process will result in a disjointed framework that is not well thought out.

Despite hearing concerns over the adequacy of the privacy safeguards the CDR, the rushed nature of the Treasury Laws Amendment (Consumer Data Right) Bill 2019 [Provisions], the distinct banking focus the Bill will have, and whether the outcome of the CDR will serve organisations more than it will consumers, the Senate Economics Legislation Committee on 21 March recommended that it be passed.

"At the very least, it will improve on current arrangements; and it has the potential to protect and empower consumers and drive competition and innovation," the committee wrote at the time. "The committee particularly welcomes the endorsement of the Bill from innovative high technology companies."

In justifying its reasoning behind allowing the sole recommendation of the Bill be passed, the committee said provisions such as the rules-making facility under the Bill would offer the possibility to address problems as they arise.

The ACCC, eight days later, published the draft rules.

The Bill was introduced and read for the first time in Parliament on 13 February, with a second reading moved the same day. The Bill lapsed at dissolution on 11 April.

Speaking at a Criterion Conferences Open Banking event in Sydney also in March, Bruce Cooper, general manager of the ACCC's Consumer Data Right Branch said that despite a looming election, the ACCC was still going ahead with its planned deliverables of the CDR, expecting the CDR -- at least in some form -- to proceed under whatever party assumes government. 

"While there remains some certainty about the timing, we are basically pressing forward with particularly the product reference data, which the timetable calls for being open by 1 July, to establish some sort of pilot that participants that will need to participate in CDR can test their systems against the rules and also to open accreditation so we basically have a vital ecosystem when we do kick off," he explained.

"We're doing that while there is that uncertainty because we feel that it won't be wasted work ... our expectation is that CDR will proceed in some form, quite similar to what it is at the moment, so continuing to work is the right way to go."

The ACCC in early June opened consultation on the technical design of the CDR Register using GitHub, an online community of developers.

The first round of consultation was for the CDR-Register API, which allows participants to retrieve details of data holders and data recipients.

The ACCC had said that by the end of June, it expected to consult on other aspects of the CDR Register design, including: Business and technical design principles; security profile and certificate management; and caching and refreshing of Register metadata.

The ACCC has not returned a request for comment, but despite security vendors jumping for a chance to comment on customer data privacy and security concerns, customer data isn't being shared while there is no legislative direction.

READ ALSO

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https://www.zdnet.com/article/australias-open-banking-regime-generic-product-data-available-from-1-july/

2019-06-30 23:24:00Z
52780323857457

Minggu, 30 Juni 2019

Simmons contract may set Australian record - ESPN

LOS ANGELES -- Ben Simmons is poised to make Australian sporting history with a new $[Aus]239 million contract with the Philadelphia 76ers.

The five-year contract extension would be the richest deal signed by an Australian athlete and would balloon to $[Aus]286 million if the 22-year-old made an All-NBA team next season.

Simmons and the 76ers are eligible to sign the extension on Monday (Tuesday AEST).

The deal might be historic for Australia but it will be one of many huge deals signed by NBA superstars when the frenzied free agency period opens on Sunday (Monday 11am AEST).

Kevin Durant, Kawhi Leonard, Kyrie Irving, Klay Thompson, Jimmy Butler and Kemba Walker will be eligible to sign new multi-year contracts with their current teams or re-shape the NBA landscape by fleeing to new teams.

Durant, likely to miss the entire 2019-20 season after suffering an Achilles rupture in the NBA Finals, is eligible for a five-year, $[Aus]315 million contract if he stays with the Golden State Warriors.

Simmons is just one piece 76ers general manager Elton Brand needs to secure in the coming week to keep them on track for a serious tilt at a title next season.

Brand is under pressure to re-sign three other starters who have become free agents and are being pursued by rival teams: Jimmy Butler; Tobias Harris; and JJ Redick.

Butler and Harris are eligible for five-year, $[Aus]270 million contracts.

Redick, one of the NBA's best three-point shooters and coming off a career-high scoring season, is expected to seek a multi-year deal for at least $[Aus]14 million a year.

The 76ers' owners have signalled they are willing to pay luxury tax for breaching the salary cap if it means re-signing Simmons, Butler and Harris to max contracts, retaining Redick and then filling out their roster with bench players.

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https://www.espn.com/nba/story/_/id/27085376/simmons-contract-set-australian-record

2019-06-30 01:58:31Z
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