Australia is about to get F*cked by Big Tech…. Here's Why

Australia is about to get F*cked by Big Tech…. Here's Why

Australia is about to get F*cked by Big Tech…. Here's Why

THE SCAM: Labor MP Andrew Charlton once called crypto a "planet destroying gamble" with 11 separate reasons to avoid it. After selling his consultancy Alpha Beta to Accenture for $35 million, he co-authored a pro-crypto report for the Tech Council (run by his old business partner). He then accepted $50,000 from crypto exchange Swiftx during his re-election campaign, joined a secret WhatsApp group with crypto lobbyists, and became Assistant Treasurer for the Digital Economy. He's now introduced legislation citing his own industry-funded report.

THE DAMAGE: This revolving door between politicians, lobbyists and big corporations means regular Aussies get shafted while foreign giants walk away with our resources. Big tech wants Australian creative content stolen and sold back to us, tax breaks on data centres, cheap power and water – with the costs landing on everyday punters. It's the same gas industry playbook, where politicians' cosy relationships with industry insiders ensure corporations win and we lose.

THE COVER-UP/OUTCOME: The self-destructing WhatsApp messages, the revolving door between Alpha Beta, the Tech Council and ministerial offices, and the convenient donations all remain perfectly legal. Charlton's bill is currently before Parliament, citing his own crypto report as proof of concept. Corporate media fawns over this millionaire "star cabinet minister" while the connections between decision-makers and the industries they regulate stay hidden. The system isn't broken – it's working exactly as designed for those inside it.

The Financial Review - Tech giants ready to fight in Australia’s $100b data centre war

 

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