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Post by Stealth on Aug 12, 2022 12:49:45 GMT 10
Cyber crime warning for businesses after change to Australian web domainsBusinesses are being warned to take urgent action ahead of a major change to Australian websites in coming weeks. Owners of websites with .com.au, .net.au or similar domain names only have until next month to secure their equivalent address under the new .au domain — prompting warnings from the Small Business Ombudsman about the risk from cybersquatters or scammers taking their names. The non-government regulator, the .au Domain Administration (auDA), introduced the new system on March 24 allowing anyone with a connection to Australia such as a business, association or individual to register using the new shorter category domain name. For example, shoes.com.au could be shoes.au. The auDA decided that Australian businesses with an existing domain name would only have until September 20 to reserve or register their equivalent .au domain name before it became available to the general public. Just a heads up because I know there's a few online stores run by folks on here. If you haven't been notified by your domain, make sure you purchase the new name asap so that no one can nick it off you!
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tactile
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Post by tactile on Nov 6, 2022 7:24:41 GMT 10
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Beno
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Post by Beno on Nov 6, 2022 10:19:51 GMT 10
The Director authentication process has gone Orwellian. Voice recognition activation and a butt probe just to make sure.
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moopere
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Post by moopere on Nov 6, 2022 11:11:00 GMT 10
On the director ID thing, yep, its another thing from big government trying to maneuver you into some sort of favourable position for their benefit, no doubt, because theres nothing in it for the directors themselves.
But I always push back, insofar as it even matters, which isn't much. You don't have to submit to the voice ID thing - they asked me about that and I declined. They also _really_ want you to do all this via 'myGOV' which I've never used and have no intention of using - and hidden in the small print is a phone number you can call when mygov isn't an option. I did that, waited for friggin hours, but eventually got through and got my ID.
At some point I'll reach my own line in the sand on this stuff, something will pop up that I ethically object to and that will be that - I'll drop out of the authoritarian economy and into the black economy.
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tactile
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Post by tactile on Nov 6, 2022 15:09:16 GMT 10
People that have been on the other end of dodgy companies going broke will probably think it's a good idea...I do. Not everything is overreach by Sauron.
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moopere
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Post by moopere on Nov 7, 2022 14:11:22 GMT 10
People that have been on the other end of dodgy companies going broke will probably think it's a good idea...I do. Not everything is overreach by Sauron. There's nothing in the directors ID scheme that will stop companies going broke. Nor stop new companies being formed. Banning people from being directors has been a thing for decades at least, I really don't see how this adds any more value to existing law. I've never known anyone who was banned from holding a directors role from starting or operating a company, where theres a will theres a way. This type of stuff is all just fluff and bureaucracy adding burden and compliance cost to everyone for what is perceived to be a problem of the shrinkingly small minority that has law in place already to deal with them. It staggers me how politicians, informed by bureaucrats, seem to think that in order to be seen to do anything they need to enact more and more law - when simply policing existing law would provide a more than sufficient outcome.
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tactile
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Post by tactile on Nov 7, 2022 14:48:24 GMT 10
Time will tell I guess but I think it will be a lot harder to list people as directors who obviously aren't.
"We've actually found already that it is starting to help us to address the type of circumstance where someone is appointed as a director of a company and they don't know that they have been appointed."
Might still be a way to get around it but it wont be as ludicrously easy as it was to set up a dodgy director.
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moopere
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Post by moopere on Nov 7, 2022 23:18:20 GMT 10
Time will tell I guess but I think it will be a lot harder to list people as directors who obviously aren't. "We've actually found already that it is starting to help us to address the type of circumstance where someone is appointed as a director of a company and they don't know that they have been appointed." Might still be a way to get around it but it wont be as ludicrously easy as it was to set up a dodgy director. I'm sure thats right, insofar as finding people who didn't realise they were directors. Still, I just don't see the point of it all. If its meant to be a mechanism to stop so called 'phoenix' companies which is something I've seen written about I fail to see how adding yet another number to my name stops this. All the dodgy guys I know who have been banned as directors and theres not a lot, but more than one, use stooges in their place to create and operate new companies. These aren't people who don't realise they've been nominated, they're willing participants, and direct the companies they are directors of ... under the will of the guys who actually finance the operation. So wheres the real-world benefit?
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Beno
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Post by Beno on Nov 8, 2022 6:39:56 GMT 10
There is no benefit. It won’t stop dodgy companies or dodgy operation of a company. I’d like to see the legislation that allows this type of request and when this specific set of clauses or Act was introduced. My guess is somewhere between March 2020 and now. i suspect this type of crap is the long arm of the covid outbreak. We already have the internment camp so why not voice recognition and such?
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Post by Stealth on Nov 8, 2022 7:09:51 GMT 10
It's simple. It's easy AF for a dodgy director to go under and necro an old business name using a nickname as an alias to start up again. It's common enough that there's a name for it, so we can't really claim it doesn't happen that often. Having as many ID points to match up as possible prevents some of that. It won't be able to prevent all of it. Criminals and shysters are going to find ways and means.
But at this stage it is obscenely easy for your average Joe with literally no criminal experience to shaft the system and therefore more innocent bystanders because you literally enter whatever name/details you like. It's as easy as setting up an email address with a fake name. Anyone on this forum could do it with absolutely no research into how because you simply enter whatever details you like on the paperwork.
We can claim it's unfair or unreasonable as much as we like but I'm pretty sure the several hundred people in my area that have been shafted in specific by a plumber, a carpenter and a builder who've all done that very thing (independently of each other) over MULTIPLE decades in my area would argue that it's a good thing. The builder took $650k by going bust in one run alone and has pheonixed his business several times over. No one can do anything about it because it was a 'new' entity each time because he used a slightly different variation of his name and he's therefore not on the hook for that money, but those people lost thousands with no prospective of ever getting it back. They've now started preying on the elderly and those who're less internet savvy and have no way of doing deep dive research into the business habits of a specific individual before hiring them.
I agree with tactile. Not everything is the man trying to put dog collars on us. Some things like this are designed to protect people from losing their life savings to unscrupulous bottom-dwellers.
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malewithatail
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Post by malewithatail on Nov 8, 2022 7:28:46 GMT 10
Another means of showing compliance with the administration and being a good sheeple.
The more I see, the less I know for sure.
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Post by Stealth on Nov 8, 2022 7:30:05 GMT 10
Also within minutes of typing this (on a different computer with a VPN no less lol...) Sydney couple sickened that building company will not have to pay debtIs this a news cycle reported by a MSM site with literally no credibility? Absolutely. Is this story indicative of the experience of locals in my area that I've spoken to or seen reported in local news? 10000%. Another thought occurs. It's been a long time since I've looked into it but bankruptcy law used to prevent individuals from getting loans etc. for seven years. I don't know if that's still the case. But if it is, why is making it more difficult for a shady director necroing a business that can cause potentially millions of dollars of loss to individuals, than individuals not being able to restart their lives for seven years after being made bankrupt? IMO directors should be prevented from being listed as a director for seven years after a collapsed business that they're directing has gone bust over more than $100k without a guarantor. If identifying them with additional ID points is a requirement of that, so be it. Businesses should never have more protections than individuals. Ever.
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tactile
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Post by tactile on Nov 8, 2022 9:18:43 GMT 10
I'm sure thats right, insofar as finding people who didn't realise they were directors. Still, I just don't see the point of it all. If its meant to be a mechanism to stop so called 'phoenix' companies which is something I've seen written about I fail to see how adding yet another number to my name stops this. All the dodgy guys I know who have been banned as directors and theres not a lot, but more than one, use stooges in their place to create and operate new companies. These aren't people who don't realise they've been nominated, they're willing participants, and direct the companies they are directors of ... under the will of the guys who actually finance the operation. So wheres the real-world benefit? My post was to inform those with businesses that the timeline to conform with the legislation is at the end of the month. You can conform or not, I don't care. Just like the arguments over the merits of said legislation...I don't care.
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