Paul Keating says AI will reshape Australia as much as electricity did

At Sydney Writers' Festival on Wednesday, former Prime Minister Paul Keating said AI will be the biggest change since electricity.

Why it mattersKeating argues Australia must act boldly on AI after years without major structural reform since the GST.

AustraliaAustralia's government will face pressure to enact structural economic reforms to position the country competitively as AI reshapes industries.

✓ Claims checked against the source and corrected before publish. checked 12 h ago

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File image: Australian parliamentary chamber with wooden seating and modern architectural design

✓ The Guardian AustraliaTechnology & Tools

Parliament swamped by fake research in AI submissions

Parliamentary inquiries are getting AI submissions with fake studies and false sources.

Why it mattersIf MPs base policy on fake evidence, laws could be built on false foundations. This affects everyone.

File image: Daytime cityscape showing office towers and commercial buildings in Australian financial district

✓ ThenightlyMoney & Work

Australia's growth slows to 2.1%, interest rates poised to hit 15-year high

Annual GDP growth fell to 2.1 per cent, productivity shrank, and Commonwealth, NAB and ANZ forecast another rate rise taking the cash rate to 4.6 per cent.