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Australia Plans an AI Regulator After a Government Portal Incident — While Black Friday Sales and Business Confidence Come Under Scrutiny

Legally Insightful | Wednesday, 11 November 2026 | Law, business, finance and technology In brief: Australia has announced plans for mandatory safety obligations for advanced AI developers following an incident involving a government statistics portal. The competition regulator is warning retailers about misleading Black Friday promotions, new confidence figures suggest households and businesses are preparing for tougher conditions, and New South Wales is attempting to legislate a temporary path for a coal mine after a High Court ruling. Overseas, billions of dollars are being directed towards AI developers and European defence technology, while England considers a safety certification scheme for technology used in schools. There is a common thread running through today's news: when a technology, business model or regulatory problem moves faster than existing protections, governments face pressure to intervene . Sometimes that means proposing a new regulator. Sometimes it means ...
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INVESTING BASICS

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