Stephen Jones 2022

The Hon Stephen Jones MP
Assistant Treasurer and Minister for Financial Services

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The Hon Stephen Jones MP
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Assistant Treasurer and Minister for Financial Services

Albanese Government opens consultation on review of artificial intelligence and the Australian Consumer Law

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The Albanese Government is committed to ensuring consumers can safely enjoy the benefits of new and emerging artificial intelligence (AI) technologies.

Australian consumers and businesses are increasingly accessing services and purchasing goods powered by AI.

Press conference, Melbourne

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JOURNALIST:

Yeah, sure – I’m happy to. I guess, can I just start, Stephen, with your reaction to Coles and Woolies’ response [indistinct] Arnott’s why Tim Tams are cheaper in the UK than here? Is that fair enough? Should it be up to Arnott’s or up to Coles and Woolies to explain?

STEPHEN JONES:

Labor’s reforms to boost financial market competition pave way for new provider

A new provider of clearing and settlement services has emerged following the passage of the Albanese Government’s new legislation to improve competition in financial markets, with news ASIC has approved a licence for a new player, FinClear.

Labor’s reforms are making our economy and our financial system more competitive.

Interview with Tom Connell, Afternoon Agenda, Sky News

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TOM CONNELL:

Joining me now, the Assistant Treasurer Stephen Jones. Thank you for your time. Just starting on this then, because it’s something a lot of parents are thinking about. We’ve had indications on where the federal government might do. Is it fair to say that support for something pretty tough is hardening within the federal government on acting here?