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Dallas has some of the worst Internet access in the U S Can the county fix it?

Can Dallas County help close the digital divide? Commissioner J J Koch thinks so

Can Dallas County help close the digital divide? Commissioner J.J. Koch thinks so. Can Dallas County help close the digital divide? Commissioner J.J. Koch thinks so. The Republican Dallas County commissioner will lead a months-long conversation on how the county can coordinate multiple agencies to boost a signal in digital deserts. STEAM coordinator Ronessa Hollingsworth prepares paperwork for a WiFi hotspot provided by DISD for a student at Young Women s STEAM Academy at Balch Springs on April 24, 2020 in Dallas. A district survey found that 30% of families responded that they didn t have internet at home.(Juan Figueroa / Staff Photographer)

Josh Frydenberg turns ASIC into paper tiger

MacroBusiness Access Subscriber Only Content As we know, the Hayne Banking Royal Commission’s first recommendation was to maintain responsible lending laws: Source: Hayne Banking Royal Commission Final Report. The Hayne Royal Commission came to this recommendation after observing multiple cases of predatory lending over its 12 month deliberation. Despite this recommendation, Treasurer Josh Frydenberg is currently seeking to abolish responsible lending laws following pressure from the banking industry, who claim such rules are a handbrake on credit. Never mind that new mortgage commitments are running at record high levels, which completely debunks their claim. Bizarrely, RBA Governor Phil Lowe also tacitly supported the abolition of responsible lending rules, last year telling the Standing Committee on Economics that Australian mortgage restrictions had become too strict and were constraining the economy:

Appointment of new Chairperson and Deputy Chairperson to Australian Securities and Investments Commission

Australian Treasury The Morrison Government has today appointed Mr Joseph Longo as the full‑time Chairperson and Ms Sarah Court as a full‑time Deputy Chairperson to the Australian Securities and Investments Commission (ASIC) for a five‑year period commencing on 1 June 2021. ASIC is an independent statutory body that is responsible for regulating financial markets, securities, futures and corporations as well as being responsible for consumer protection in relation to superannuation, insurance and banking. Mr Longo has had a long and distinguished career in corporate law, financial services, governance and regulation. Mr Longo is currently a senior advisor at Herbert Smith Freehills and prior to that worked as general counsel for Deutsche Bank in London and Hong Kong for 17 years, was the national director of enforcement at ASIC and a partner at Parker & Parker (now Herbert Smith Freehills).

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