Tag: Rod Sims

Australian Government Rejects Medicare Levy Hike

October 7, 2022
AustraliaBusiness & MarketseconomyJim ChalmersRod SimsWorld
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The Australian government has turned down calls for raising the Medicare levy to alleviate the strain on the health systems across states and territories. Australian Treasurer Jim Chalmers said while the government acknowledged that the public health system was under pressure, it was not considering lifting the levy temporarily or permanently. “That’s not something that…

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Australian Consumer Watchdog Sues Meta for Cryptocurrency Scam Ads

March 18, 2022
AustraliaAustralian Competition and Consumer CommissionBusiness & EconomyCompaniescryptocurrency scamFacebookInternationalMedia & Big TechmetamisinformationRod SimsUSUS NewsWorld
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Australia’s consumer watchdog has filed a lawsuit against Facebook’s parent company Meta over cryptocurrency scam ads, which conned AU$100 million (US$73.83 million) from Australians last year. The Australian Competition and Consumer Commission (ACCC) has filed the legal action in the Federal Court of Australia, alleging the tech giant knew scam ads were running on Facebook…

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