Treasurer Jim Chalmers announced the government's approach to regulate Australian crypto assets.

Australian crypto approach announced by Treasury

Federal Treasurer Jim Chalmers has outlined the Albanese government’s approach to regulate Australian crypto assets. Source: Jim Chalmers/Twitter In a press release published late last week, Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced the federal government’s new multi-stage approach to regulate  Australian crypto assets and ensure the protection of consumers.   However, the…

cost-of-living-crisis roadsign

$11.2 million back to QLD consumers during cost of living crisis

The Office of Fair Trading has successfully returned over $11 million to Queensland consumers after a spike of consumer complaints during the pandemic and subsequent cost-of-living crisis. Source: Nick Youngson/Alpha Stock Images $11.2 million has been successfully clawed back by the Office of Fair Trading (OFT), following a spike in consumer complaints across a range…

Psilocybe allenii

Australia becomes first country in the world to approve medicinal psychedelics

TGA approves medicinal use of MDMA and psilocybin.  Source: Alan Rockefeller, Mushroom Observer Australia has just become the first country in the world to recognise medicinal psychedelics after the Therapeutic Goods Administration (TGA) approved MDMA and magic mushrooms for mental health treatment. TGA has announced that, from the 1st of July this year, MDMA can…