‘Don’t panic over DeepSeek national security threat’

Original article by Tom McIlroy, Andrew Tillett
The Australian Financial Review – Page: 5 : 30-Jan-25

Former Australian Signals Directorate executive Simeon Gilding has downplayed concerns about the national security implications of China’s DeepSeek AI chatbot. Gilding contends that Chinese-made electric vehicles are a bigger security concern, given that they "suck up data" and send it back to China, where it could potentially be accessed by the Communist Party. He adds that it is too soon to consider banning DeepSeek in Australia, but says this could change if China’s security services start trying to imbed the technology into critical infrastructure and services.

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AUSTRALIAN SIGNALS DIRECTORATE

Van bomb targeted at synagogue

Original article by Alexi Demetriadi
The Australian – Page: 1 & 6 : 30-Jan-25

The Joint Counter Terrorism Team has been deployed to investigate a suspected plot to target Jewish Australians, after NSW police discovered a caravan packed with explosives in the north-west Sydney suburb of Dural. A note identifying a Jewish target – which is said to be a Sydney synagogue – was found in the caravan, and Deputy Police Commissioner Dave Hudson estimates that the explosives were sufficient to create a blast zone radius of 40 metres. NSW police found the caravan 10 days ago, and argue that publicly disclosing the incident may have compromised their investigation; it was only revealed after being leaked to the media on Wednesday. Meanwhile, police have confirmed that the owner of the caravan is in custody, although he has not yet been charged with any offence.

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NEW SOUTH WALES POLICE FORCE, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

ANZ-Roy Morgan Inflation Expectations increased to 5.2% in mid-January – up from 4.8% for the month of December

Original article by Roy Morgan
Market Research Update – Page: Online : 29-Jan-25

The weekly ANZ-Roy Morgan Inflation Expectations were 5.2% for the week of 13-19 January 2025. This figure is above the average for last year of 4.9%, and up 0.4% points from the month of December. A look at monthly Inflation Expectations for December 2024 shows the measure at 4.8% for the month – up 0.1% points from previous three months of September to November, but below the average for last year of 4.9%. Looking back over the last year, weekly Inflation Expectations have moved in a narrow band of 4.5% to 5.3% since the start of 2024 and averaged 4.9%. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source, which has interviewed an average of around 5,200 Australians aged 14+ per month over the last decade.

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ROY MORGAN LIMITED

Labor axes aspirational 15 per cent super guarantee goal

Original article by Sarah Ison
The Australian – Page: 4 : 29-Jan-25

The superannuation guarantee is scheduled to increase to 12 per cent in July, and Assistant Treasurer Stephen Jones says the federal government has no plans to further increase it. However, Labor’s national platform in 2023 included setting a ‘pathway’ to increasing the super guarantee to 15 per cent once the initial target of 12 per cent has been reached. Jones says the policy platform is merely a set of principles rather than binding commitments, and Labor has no plans to further increase the super guarantee.

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AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

Roy Morgan Poll: Coalition maintains a narrow lead over ALP on the Australia Day long weekend: L-NP 52% cf. ALP 48%

Original article by Roy Morgan
Market Research Update – Page: Online : 29-Jan-25

A Coalition Government, with a slim majority, would now win a Federal Election with an unchanged two-party preferred vote from a week ago: L-NP 52% cf. ALP 48%, the latest Roy Morgan survey finds. Although primary support for the Coalition dropped 1.5% to 40.5% and ALP support was up 1% to 29.5%, the movements for the minor parties cancelled this trend out. Support for the Greens dropped 1.5% to 11.5% while support for One Nation was up 2% to 6%. Other Parties were down 0.5% to 3.5% while support for Independents increased 0.5% to 9%. The latest Roy Morgan survey is based on interviewing a representative cross-section of 1,567 Australian electors from January 20-26. When comparing different polls, it is always important to make sure to take note of the dates when the polls are conducted to undertake a proper comparison between two polls.

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ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

Living standards stagnant until 2030: Deloitte

Original article by Michael Read
The Australian Financial Review – Page: 3 : 29-Jan-25

Deloitte Access Economics has forecast that state and federal government spending will reach a record 28 per cent of real GDP by the end of 2025. This compares with an average of 22 per cent in the decade prior to the COVID-19 pandemic. The firm has warned that despite rising government expenditure, Australians’ living standards will not recover to pre-pandemic levels until 2030. Meanwhile, Deloitte partner Stephen Smith expects that CPI data to be released today will show that inflation is moving sustainably towards the Reserve Bank’s target range of 2-3 per cent. However, he says factors such as a resilient labour market, elevated government spending and a falling Australian dollar are complicating the central bank’s decision on interest rates.

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DELOITTE ACCESS ECONOMICS PTY LTD, RESERVE BANK OF AUSTRALIA

Deep end: big tech’s disruption

Original article by Ben Packham
The Australian – Page: 1 & 2 : 29-Jan-25

Science Minister Ed Husic says it is too early for the federal government to determine whether China’s DeepSeek AI platform is a potential national security risk. He says the government will take advice from national security agencies on the potential threat posed by the DeepSeek chatbot. US technology investor Marc Andreessen has described the latest version of DeepSeek as "AI’s Sputnik moment". However, Australian Strategic Policy Institute executive director Justin Bassi says the West was never reliant on the Soviet Union’s economy or its technology in the way it is with China; he adds that Western governments and companies acted after the Soviets launched the Sputnik artificial satellite in 1957, and similar action is required now.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED

Top 10 Issues Shaping the 2025 Federal Election: Cost of Living and Crime on the Rise, Climate Change Fades

Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jan-25

Roy Morgan’s in-depth survey data covering the last few years highlights the key issues gaining importance for Australian electors as we approach the Federal Election. Cost-of-living increasingly dominates voter concerns with several related issues rising significantly since the Federal Election in mid-2022. The most important issue for electors is clearly ‘Keeping day-to-day living costs down’ (up 7% points to 57%). ‘Keeping interest rates down’ (up 8% points to 19%) and ‘Managing immigration and population growth’ (surging 8% points to 14%) have also increased. The sharp rise in immigration-related concerns is during a period in which Australia has had record high immigration and housing affordability issues have been at the forefront. At the same time, public anxiety about safety has escalated significantly with ‘Reducing crime and maintaining law and order’ jumping 10% points to 23% – the largest increase for any issue. In contrast, there are two issues that have fallen rapidly in importance: ‘Global warming and climate change’ is down 9% points to 23% and ‘Open and honest government’ is down 6% points to 19%.

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ROY MORGAN LIMITED

Dozens more charged over alleged bribes-for-registration scheme

Original article by Lachlan Johnston
The Age – Page: Online : 24-Jan-25

Victoria’s Independent Broad-based Anti-Corruption Commission announced on Thursday that it had charged another 28 people as part of its investigation into allegations that employees at the Victorian Building Authority took bribes to register builders. IBAC stated that the 28 people charged are on top of six people that were charged in 2024 as part of Operation Perseus, with two of the six people charged then being VBA staff. The Victorian government in March 2024 removed the board of the VBA and made CEO Anna Cronin its sole commissioner, with the VBA’s operations having been under scrutiny since the 2022 suicide of building inspector Rob Karkut

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VICTORIA. INDEPENDENT BROAD-BASED ANTI-CORRUPTION COMMISSION, VICTORIAN BUILDING AUTHORITY

Roy Morgan CEO Michele Levine: Woolworths and Coles have gone from the Most Trusted to Most Distrusted in just over a year

Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jan-25

In a dramatic shift in consumer sentiment, Woolworths and Coles have recorded the highest distrust since Roy Morgan began tracking brand trust in late 2017. Woolworths now replaces Optus as the most distrusted brand in Australia, while Coles has followed closely, recording the second-highest level of distrust on record. Roy Morgan CEO Michele Levine commented that "Distrust has a far more potent impact on consumer behaviour than trust. While trust creates loyalty, distrust can drive customers into the welcoming arms of more trusted brands. The reputational fall of Woolworths and Coles is a powerful reminder of the fragility of trust in today’s environment. The pandemic placed the major supermarkets at the centre of Australian lives. But the goodwill they built during that period has been reversed by perceptions of too profit-motivated and unaffordable pricing".

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ROY MORGAN LIMITED, WOOLWORTHS GROUP LIMITED – ASX WOW, COLES GROUP LIMITED – ASX COL, SINGTEL OPTUS PTY LTD