Pocock urges CGT changes as Albanese laughs off AI meme campaign

Jodie Heenan says her award-winning short film Guardians of the Burrow ‘looks and feels’ real Scene: a dimly lit underground burrow. A giant Amazonian tarantula and a tiny dotted humming frog share the space, an unlikely duo captured in extraordinary detail. Except, they haven’t been. Guardians of the Burrow, a short “wildlife documentary” by the Australian digital content designer Jodie Heenan, is entirely AI generated. At the weekend it won a prize in the Omni international AI film festival, adjudicated by a panel led by The Crow and Dark City director – and AI advocate – Alex Proyas. Continue reading...

South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.

A potential deal with the government would allow international tech companies to mine the creative work of Australian musicians. Some of the prime minister’s favourite artists told the Guardian how they feel about it Creatives sound alarm on copyright as Pocock calls $50bn datacentre proposal ‘ultimate dirty deal’ Big tech companies are asking for Australian copyright laws to be watered down, to allow them to scrape Australian output – including journalism, music and books – in order to improve their AI models. Guardian Australia this week reported on an industry proposal under which companies would commit more than $50bn in investment in datacentres and set up a $350m fund to compensate creatives in exchange for weaker copyright laws. Senator David Pocock has described it as the “ultimate dirty deal”. The Albanese government has insisted it has no plans to weaken copyright protections, after ruling out the potential text and data mining exemption last year – but creatives are so

Proposal has been put to cabinet to allow AI companies to mine content, in exchange for investment and $350m fund to compensate artists, sources say Creatives are demanding fresh assurances from the Albanese government that it won’t water down copyright laws under a potential deal with tech giants to attract more than $50bn worth of datacentre investment in exchange for a $350m-a-year fund for artists. Guardian Australia has been told an industry proposal has been presented to cabinet that would grant AI companies special exemptions to mine creative content. Continue reading...

Micron's earnings surge highlights the growing strategic importance of memory in AI, influencing tech investment and boosting market confidence. The post Micron stock gains momentum after strong earnings performance appeared first on Crypto Briefing.

Anthropic's potential public listing could reshape tech investment landscapes, highlighting AI's growing influence and regulatory challenges. The post Anthropic files for potential public listing in 2026 appeared first on Crypto Briefing.

Lucas Herrington's World Cup debut highlights the growing intersection of sports and crypto, potentially influencing fan engagement and investment trends. The post Lucas Herrington becomes youngest Australian to start a World Cup match, and crypto is already along for the ride appeared first on Crypto Briefing.

Independent senator says Anthony Albanese is preparing to announce an AI copyright plan in July Independent David Pocock has challenged the Albanese government to rule out letting technology giants use Australian content to train AI models, as cabinet considers proposals to change copyright rules for the rapidly developing technology. Pocock used Senate question time on Tuesday to ask the government about intense lobbying from AI proprietors over possible new rules and regulations for Australian-made content – including suggestions Labor would create a new “carve out” or extend existing licensing arrangements. Continue reading...