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The plan to impose a retrospective tax on foreign investors is a politically opportunistic attempt to bail out the budget that sets a dangerous precedent. A three-year-old start-up run has raised more than $20 million in a fundraising round after claiming its agents make better phone calls than humans. Irene Thomas spent six months fighting for her late husband’s superannuation, and members are still waiting for the government’s long-promised service standard rules.
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While there are plenty of investors trying to land a lucrative payday as AI use goes mainstream, Maincode is trying to become Australia’s answer to OpenAI. What started as a single co-working “side hustle” survived the rise and fall of WeWork and the pandemic to land Cliff Ho and Tom Ye on the Young Rich List. The wealthiest Australians under 40 include uni dropouts, an F1 star, ex-Macquarie banker, and founders of businesses ranging from pet food to crypto casinos. The wealthiest people under 40 are now worth a combined $31.7 billion, led by Canva duo Melanie Perkins and Cliff Obrecht, who topped the list for the sixth year.
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Ben Riley was already writing about the risks of chatbots when his dad started trusting AI over his doctor. Domain will hire up to 60 drone pilots and roll out technology for internal walkthroughs of residential listings, as the battle intensifies for market share. The son of Australia’s richest woman has weighed in on a landmark court ruling over the riches flowing from the Hancock mining empire.
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