( October 3, 2025, 05:48 GMT | Official Statement) -- MLex Summary: Australian consumer laws offer protections against risks from artificial intelligence-enabled products that are as strong as, or in some cases stronger than, those in the EU, the UK and Singapore, a new report said Friday. In the report, Review of AI and the Australian Consumer Law, the Australian Treasury department found that the existing remedy and liability provisions under the Australian Consumer Law are “broad and remain appropriate in an AI context.” It also said the Australian Competition & Consumer Commission’s current enforcement powers do not require changes to oversee AI-enabled goods and services, though a regular review of the regulator’s powers should continue.The report is attached....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.