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Asia-Pacific Dashboard Digest | Expert: Businesses Not Ready for New Laws Related reading: Notes from the Asia-Pacific region, 26 April 2024

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“At least half of corporate Australia will not be compliant with new privacy laws when they come into effect in March next year,” The Australian reports, citing comments from DLA Piper Intellectual Property and Technology Partner Alec Christie. “My feel is 50 to 60 percent of corporate Australia will not be compliant … and either it is a hangover from not taking the previous law that seriously, because there weren't penalties and fines, or it is just not on their to-do list," Christie said. Beginning 12 March, the Australian Privacy Principles will apply to businesses and federal government, and agencies and companies can be fined $1.7 million and individuals $340,000 for serious or repeated invasions of privacy.
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