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Labor pushes big tech reforms for fair competition

Apple Pay may open to banks; Google faces scrutiny for prioritizing own products; new rules for big tech in Australia.

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Apple Pay could soon be available for banks, while Google may have to ensure competing services are displayed more prominently alongside its own products.

Meta is also expected to be required to allow cross-platform communication between messaging services, according to the AFR.

The Australian government plans to enhance the powers of the Australian Competition and Consumer Commission (ACCC) to designate platforms posing significant competition risks.

This designation will inform which companies are included under competition laws, targeting their necessary compliance.

Misinformation enforcement

Social media companies like Facebook, Instagram, and TikTok will not be subjected to misinformation enforcement.

Once designated, these platforms must fulfill new obligations, similar to regulations in the European Union, promoting easier app use and greater algorithm transparency.

Assistant Treasurer Stephen Jones indicated that many platforms unfairly favor their own products, making it difficult for consumers to switch to alternatives.

Examples of enforcement may include changes in app store payment policies and the prominence of owned apps in search results.

Google currently faces a lawsuit regarding such practices with its payment systems.

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U.S. – India trade deal cuts tariffs and reshapes global energy flows

US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

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US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

The United States has reduced tariffs on Indian goods to 18 percent following a landmark trade agreement. This move comes after months of trade tensions between the two nations and is seen as a major win for India’s economy.

Under the deal, India will end its purchases of Russian oil while increasing imports of U.S. energy and other products. Prime Minister Narendra Modi praised the agreement, saying it will strengthen India’s economic growth and global trade relationships.

Following the announcement, U.S.-listed shares of major Indian companies have seen positive movement, signalling investor confidence in the trade deal.

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Iran orders nuclear talks with the U.S. as tensions rise at home and abroad

Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

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Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

Iran’s President has ordered the resumption of nuclear negotiations with the United States, with talks expected to take place in Turkey in the coming weeks.

Iran’s Foreign Ministry says regional countries will help facilitate the discussions, signalling a renewed diplomatic push after years of stalled engagement and rising tensions.

Despite the move, officials warn the talks won’t be easy, with deep disagreements still unresolved on both sides.


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Trump responds as Kristi Noem mandates body cameras for federal officers in Minneapolis

Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.

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Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.


Homeland Security Secretary Kristi Noem has ordered body cameras for all federal agents in Minneapolis following public outrage over the deaths of two U.S. citizens at the hands of immigration officers. Donald Trump says body cameras help prevent false claims against police.

The policy change comes as videos and eyewitness accounts have challenged official narratives and fuelled demands for transparency and reform.


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