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Qatar Airways to buy 25 per cent stake in Virgin, former ACCC chair Graeme Samuel says it's a terrific deal for Virgin Australia. Plus, Chinese stocks enjoy their best day since 2008, and the warmest August on record boosts retail sales.See omnystudio.com/listener for privacy information.
All eyes will be on AEMO today to see if they completely lift their unprecedented suspension on the east coast energy market. But does that mean the problems that crippled the system last week are over, and all is back to normal?
Graeme Samuel AC, among his many roles, is a Professorial Fellow in Monash University's Business School and School of Public Health and Preventative Medicine. I worked at the ACCC when Graeme was Chair. Since 2014 he has held the position of Chair of Dementia Australia, the national peak body for people impacted by dementia. As an advocate of good design, I was keen to hear about how products and environments can be designed to meet the needs of people living with dementia. Before we got to that, Graeme explained a lot about different types of dementia and their effects.
The launch of a new $2 billion naval ship in Sydney on the weekend included some eyebrow-raising entertainment. The United States decision to withdraw troops from Afghanistan Will our Olympians need to get the jab before heading to Tokyo? And an emotional Graeme Samuel, Chairman of Dementia Australia, discussing his late Mum's battle with dementia. See omnystudio.com/listener for privacy information.
Katharine Murphy speaks to Ben Morton, assistant minister to the prime minister, about the government’s deregulation agenda, and whether they will implement the recommendations made by Graeme Samuel to strengthen national environmental protections
Australia’s native species are disappearing at an alarming late, with already more than 1800 plants and animals formally listed as threatened with extinction. The Australian government’s own report to the Secretariat of the Convention on Biological Diversity in March 2020 revealed the government failed to meet or measure the majority of its targets. Graeme Samuel's interim report for his review of the Environment Protection and Biodiversity Conservation Act has highlighted the lack of resources being given to the department of the environment, and the need for an independent authority to audit and report on approvals processes. However, before Samuel's final report has been written, federal minister Sussan Ley has shown her readiness to shed federal environment approval powers and give them to the states and territories. Understorey speaks with Fremantle MP Josh Wilson, Shadow Assistant Minister for the Environment, about how the government's reduced resourcing strategy and "streamlining approvals" amendments will affect biodiversity across the continent, and impact the rule of law.
Guardian Australia’s environment editor, Adam Morton, joins Katharine Murphy to discuss the recent damning review of the Environment Protection and Biodiversity Conservation Act. The review, led by Graeme Samuel, starkly states the current protection laws are ineffective and have led to an unsustainable environmental trajectory. Could the sweeping changes recommended lead to better legislation? And will the government act?
This week on The Money Café, Dr Doug Turek, Managing Director and Principal Adviser of Professional Wealth joins Alan Kohler to discuss Graeme Samuel's review into APRA, whether the RBA has overstepped its mark, and answer a sizeable amount of listener questions. See omnystudio.com/listener for privacy information.
Many Australians are worried about the proliferation of data businesses and the government knowing too much about them. Data Governance Australia chairman Graeme Samuel hopes that a self-regulatory code of conduct will raise the standards among data-driven organisations. Despite the pervasiveness of data in our daily lives, he argues most people don't understand the extent to which organisations use it. As a former regulator, Samuel regards government regulation of data as “second-best” and is “there to step in when there is market failure”. In drafting the code, he has consulted closely with businesses and the public to try to “anticipate community concerns into the foreseeable future”. On the government's My Health Record – which has been rolled out very slowly – he argues the benefits of a centralised system outweigh privacy concerns, although every effort needs to be made to protect the privacy of health records. While data offers an opportunity for improved safety, trust in processes is paramount. “We need to be careful, of course, that the issue of security in terms of international terrorism and the like is not used as a superficial excuse for the collection of data to be used for other purposes.”
Alzheimer’s Australia national president professor Graeme Samuel on the body’s new report, The Economic Cost of Dementia in Australia 2016-2056.
Businesses need to consult customers to work out what is reasonable when it comes to using and securing their data. www.shutterstock.comFormer ACCC chief Graeme Samuel is calling on businesses to take a closer look at their data management practices in a bid to increase public trust in their ability to handle it. Samuel says if they don’t take the lead on data use, companies risk more government regulation, with the potential for overreach. He is the new head of a not-for-profit industry body, Data Governance Australia, that wants to produce a code of conduct for how businesses handle data. The aim is to improve internal auditing and compliance with regulation on data use. High-profile cases of businesses handling data incorrectly damage public trust in businesses, says Samuel, as consumers start to worry if it’s a systemic problem. It also means governments introduce regulations as a result that inhibit the ability of business to innovate. Part of handling data correctly is being aware of community expectations when it comes to managing their data, says Samuel. But it’s also the responsibility of industry to educate the public about what is unreasonable and will inhibit business.