🚀 Deepfakes and Voice Clones: A Threat to Australian Democracy
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The S&P/ASX 200 closed 12 points lower, down 0.15%.
The S&P/ASX 200 (XJO) fell 12 points to 7,851.7, 0.24% from its session high and 0.13% from its low. Although the S&P/ASX 300 (XKO) fell, advancers outnumbered decliners 145 to 128.
Information Technology (XIJ) (+0.72%) was the best performing sector today, likely due to strong performances by its major constituents. Technology One (ASX: TNE) led the sector with a 4.5% gain after its Half Year FY24 Results. [ Read more]
💡Here are a few headlines from this morning:
Return to pre-pandemic levels of airline travel and capacity. Australia’s aviation sector appears to have recovered from the COVID-19 pandemic as passenger levels and capacity returned to pre-pandemic levels, the ACCC’s latest Domestic Airline Competition in Australia report reveals.
As Australia moves to evacuate tourists, Macron is scheduled to visit New Caledonia. Australians stranded in New Caledonia have returned home after being rescued by the Defence Force amid violent protests.
Anthony Albanese recommends banning under-16s from social media.
Anthony Albanese has supported delaying the creation of social media accounts for kids until they are 16 years old, citing the detrimental effects of early internet use on young people's mental health.ANZ network suffers nationwide fault. A technical glitch that halted overnight payments and prevented internet banking at ANZ bank today has been fixed.
🗳️ HEADSTART
Australia Stresses Importance of International Law Amid ICC Proceedings
After the chief prosecutor of the international criminal court asked for arrest warrants for Israeli officials, including Benjamin Netanyahu, the prime minister of Israel, as well as Hamas, for war crimes and crimes against humanity, the Albanese government declared that it respected the court's “important” and “independent” role in upholding the law.
Anthony Albanese, the prime minister, stated at a press conference that he would not comment on court proceedings. [Read more]
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🔥 HOT COPY
Deepfakes and Voice Clones: A Threat to Australian Democracy
The Australian Electoral Commission expects AI-generated misinformation at the next federal election, possibly from overseas actors, but it doesn't have the tools to detect or deter it.
On Monday, a parliamentary committee on artificial intelligence warned that deepfakes and voice clones of Anthony Albanese or Peter Dutton could threaten “democracy itself” before the next election.
Tom Rogers, the AEC commissioner, told the hearing that the new technology had “amazing productivity benefits” but noted “widespread examples” of AI-generated deceptive content in recent elections in Pakistan, the US, Indonesia, and India.
Rogers told the hearing that the AEC lacks the legislative tools or internal technical capability to deter, detect, or adequately deal with false AI-generated election content, such as where to vote, how to cast a formal vote, and why the electoral process may not be secure or trustworthy.
🛒 MARKET EDGE
Telstra will cut 2,800 jobs, but CEO says retail customers won't be affected.
As part of a strategic realignment of its enterprise division, Telstra has announced the elimination of 2,800 positions. Vicki Brady, the company's CEO, described the decision as a "difficult day" for the telecommunications giant.
In an announcement to the Australian Stock Exchange, Brady stated that resetting the Telstra division that provides services to government and large businesses would result in a "streamlined product portfolio," fewer network applications and services products, and easier customer sales and support. [Read more]
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🌏 World Tonight
🇹🇭 Thailand. On a London-Singapore flight that experienced intense turbulence, one person has passed away, Singapore Airlines reported on Tuesday. Due to the severe weather, the plane was diverted to Bangkok, where emergency personnel raced to assist injured passengers.
🇮🇷 Iran. The late Iranian President Ebrahim Raisi's funeral will begin on Tuesday as authorities investigate what caused the helicopter to crash into a remote mountainside on Sunday morning.
🇮🇱 Israel. Residents said Israeli tank and air bombardments destroyed residential districts in the Jabalia camp in northern Gaza on Tuesday, while Israeli air strikes killed at least five people in Rafah.
🇺🇸 United States. In the final stage of Donald Trump's hush money trial, prosecutors rest their case and hand over proceedings to his lawyers.
🇰🇷 South Korea. South Korea will ban a viral North Korean propaganda song calling Kim Jong Un a "friendly father" and "great leader".
🏅VIEWPOINT 360
A revolutionary new weapon in the battle against influenza
By Vinod RMT Balasubramaniam, Monash University in Kuala Lumpur
Clinical trials of an mRNA vaccine have begun and researchers expect broadly positive outcomes in the battle against the widespread illness.
Influenza kills up to 650,000 people around the world each year.
Ninety-nine percent of deaths in children under five years of age in developing countries are due to influenza-related infections, according to the World Health Organization.
The current crop of influenza vaccines has limitations in effectively combating the billion cases of seasonal influenza each year as they provide immunity against only one specific existing strain or mutation. The propensity of flu viruses to mutate into new strains means vaccines must be continuously monitored and reformulated each year. [Read more]
📰 Good News, Inspiring, Positive Stories
Art events ahead of The Doyles Art Award and Exhibition
Celebrating its 20th year, The Doyles Art Award and Exhibition is poised to spark creativity across the Gold Coast with a series of art activities planned both leading up to and during the week-long event.
Against the backdrop of Mudgeeraba’s historic buildings, a selection of operators will deliver art workshops, some of which are free, tailored for beginners and advanced creatives.
Event Director Sam Sinner says as a significant component of The Doyles Art Award and Exhibition, there are many workshops to choose from before and during the exhibition.
“The Doyles involves more than the exhibition and award, there are so many community events on offer, including creative rock painting, life drawing, macramé workshops and more,” says Ms Sinner.
“For a full list of our events, simply visit our website or checkout out our Facebook page, where everyone can easily access the exciting line up of activities, some are free, and others require bookings and a fee.”
The Gold Coast Urban Sketchers will be hosting a free sketching session of the Mudgeeraba’s Village Green on Saturday 29 June between 9.00am and 1.00pm with a selection of materials available for newcomers interested in the worldwide phenomenon of urban sketching.
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