In short: Home Affairs Minister Clare O’Neil used a press conference to warn that bad actors were trying to capitalise on the global tech outages experienced on Friday afternoon. There have already been reports of phishing scams where criminals attempt to gain access to personal information via unsolicited emails. What’s next? Services have begun coming...
Tag: crash
Post
Post
A black swan event would wipe out Australian superannuation and the economy with it
Australia is close to recession. Gross domestic product (GDP) for the March quarter grew at 0.1 per cent. Surprising strength in the household sector and increased government spending hauled the economy over the first quarter finishing line. Being on the edge of a recession is concerning because extended periods of economic contraction are nothing short...