Government's digital business plan will make the economy 'more productive' | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Energy Minister AngusTaylorMP says the federal government’s proposed digital business reforms are concerned with empowering customers and businesses through the use of digital technologies and will make the economy 'more productive'.

Energy Minister Angus Taylor says the federal government’s proposed digital business reforms are concerned with empowering customers and businesses through the use of digital technologies and will make the economy "more productive".

“It’s really crucial that we see the efficiency and gains that we can get from digital,” Mr Taylor told Sky News host Chris Kenny. Mr Taylor said “ will make it much easier for you to control your own data and move between supply, so if you want to switch electricity suppliers, you can do it very quickly and easily, you can compare plans quickly and easily. “These reforms are all about empowering customers, empowering businesses, by using digital technologies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AngusTaylorMP

AngusTaylorMP How, are we all going to sit in front of a computer? What about food, who is producing food? Who is producing power for our homes, maybe he thinks the new world order agenda will provide all of that.

AngusTaylorMP AngusTaylorMP can’t even operate a calculator.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal government makes $800m push for digital business transformation | Sky News AustraliaThe federal government is seeking to incentivise businesses to adopt and transition to digital technologies through its $800 million Digital Business Plan in a move designed to allow more businesses to operate through the pandemic and boost Australia's GDP up to $6.5 billion over four years.\n\nGlobal consultancy firm McKinsey estimated the adoption of technology in Australia had advanced up to five years in eight weeks as a result of the coronavirus pandemic.\n\nAround half of the government's $800 million spend would be used to finalise the government's business register allowing Australians to start businesses in minutes rather than weeks.\n\nIn a statement, Prime Minister Scott Morrison said the plan removed 'outdated regulatory barriers' and backed the 'uptake of technology across the economy'.\n\n Why are they pushing commerce online?
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Financial bail-outs need to go from government thinking | Sky News AustraliaSky News contributor Cory Bernardi says businesses and consumers need to take more responsibility for their spending and loaning.\n\nMr Benardi said the last time the “world was going to end” and governments scrambled to save Australians was the 2008 Global Financial Crisis. \n\n“The effective cause of the GFC was irresponsible home loans by US banks to the unemployed and the unemployable under the guise of 'fairness and equity'.,' Mr Bernardi said.\n\n“These sub-prime mortgages were packaged up and on sold to investors. \n\n“When they collapsed, many institutional investors, like the investment banks, were then bailed out by taxpayers.”\n\nMr Bernardi said then Prime Minister Kevid Rudd introduced responsible lending laws to respond to the failures of the credit system. \n\nThese laws, however, gave banks the responsibility of ensuring their clients repay their borrowings, at risk of being held liable for the borrowers default. \n\n“The government has now abandoned the Rudd era responsible lending laws in a bid to inject a shot of credit adrenaline into our economy,” he said.\n\n“Now I am for more deregulation…as long as only the two parties to the transaction are the only one's held responsible for any negative outcomes.\n\n“The credit victim mentality has to stop. \n\n“If you want less regulation and more freedom, there also needs to be more responsibility.” \n Cory Bernardi? You’re quoting that clown on anything? 🤪🤣🤪🤣🤪🤣🤪🤣🤪🤣🤪🤣 LiveSundayWord The Messiah is coming 메시아께서 오십니다 2020년 9월 27일 한국어 생방송 So should the Canberra politicians, interesting that they seem to be avoiding the idea of a federal ICAC as much as possible.
Source: SkyNewsAust - 🏆 7. / 78 Read more »