THE Parliamentary Joint Committee on Intelligence and Security (PJCIS) will hold a public hearing for its Review of the mandatory data retention regime.

The chair, Andrew Hastie MP, said, "This hearing will allow the committee to hear from further interested civil society stakeholders as well as the communications industry peak body on the mandatory data retention regime. We will consider these issues closely and carefully."

The mandatory data retention regime is the legislative framework which requires carriers, carriage service providers and internet service providers to retain a defined set of telecommunications data for two years, ensuring that such data remains available for law enforcement and national security investigations

Further information on the inquiry can be obtained from the Committee’s website.

Public hearing details

Date: February 14, 2020
Time: 8.30am – 12.20 pm
Location: Committee Room 2R1, Parliament House, Canberra

A full program for the hearing can be found here.

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An inquiry into 5G mobile technology in Australia will take evidence across Australia, with hearings in Perth, Adelaide, Melbourne and Sydney next week.

HOUSE of Representatives Communications and the Arts Committee chair David Gillespie said the hearings would give start-ups, small business and big business a chance to talk about how they want to use 5G mobile technology.

"We want to hear what 5G can do for business. 5G is a brand name, and it will be up to Australian companies to decide what they want out of it and develop use cases as the technology develops," Dr Gillespie said.

"We’re travelling around Australia to hear about innovation. The committee wants to hear how 5G and the Internet of Things will allow new ways of working in the automotive, agricultural and of course telecommunications industries."

The committee will also have the opportunity to hear from people who have concerns about the deployment of 5G.

Information about the inquiry, including the public hearing programs, may be found on the committee’s webpage.

Public hearing details

  • Perth: Monday, 17 February 2020 – Committee Room 1, Parliament of Western Australia, 10am to 12.45pm
  • Adelaide: Tuesday, 18 February 2020 - Balcony Room, Parliament of South Australia, North Terrace, 9am to 12.45pm
  • Melbourne: Wednesday, 19 February 2020 - Room G1 –Ground Floor, 55 St Andrews Place, East Melbourne, 11.30am to 1.45pm
  • Sydney: Thursday, 20 February 2020 – Pollard Room, Wesley Conference Centre, Sydney, 9am to 2.45pm.

The hearings will be broadcast live at aph.gov.au/live.

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MORE THAN 116,000 people were estimated to be homeless in Australia on Census night in 2016. Among them were people living in severely crowded dwellings, people living in temporary accommodation, and rough sleepers.

To examine this issue, the House of Representatives Standing Committee on Social Policy and Legal Affairs has launched an inquiry into homelessness in Australia.

Chair of the committee, Andrew Wallace MP, said the inquiry would seek to understand the factors that contribute to people becoming homeless, identify opportunities to prevent homelessness, and examine ways to better support the homeless and those at risk.

"Sadly, each night in Australia there are tens of thousands of people experiencing homelessness," Mr Wallace said. "We know that there are many pathways that can lead to homelessness, and through this inquiry we are hoping to understand how we can better support those who face it, and help some of the most vulnerable in our community.

"There is a range of services available to support people who are homeless or at risk, and the committee is particularly interested in hearing from communities around Australia about approaches that are working well, and ideas for improvement."

The committee will accept written submissions until April 9, 2020.

Further information about the inquiry, including the terms of reference, is available on the inquiry webpage.

Information about making a submission is available on the Parliament of Australia webpage.

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THE GSMA has cancelled Mobile World Congress (MWC) Barcelona 2020.

"Since the first edition of Mobile World Congress in Barcelona in 2006, the GSMA has convened the industry, governments, ministers, policymakers, operators and industry leaders across the broader ecosystem," a spokesperson said.

"With due regard to the safe and healthy environment in Barcelona and the host country today, the GSMA has cancelled MWC Barcelona 2020 because the global concern regarding the coronavirus outbreak, travel concern and other circumstances, make it impossible for the GSMA to hold the event.

"The host city parties respect and understand this decision," the spokesperson said.

"The GSMA and the host city parties will continue to be working in unison and supporting each other for MWC Barcelona 2021 and future editions.

"Our sympathies at this time are with those affected in China, and all around the world."

Further updates from the GSMA, are on the website  www.mwcbarcelona.com.

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators and nearly 400 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces the industry-leading MWC events held annually in Barcelona, Shanghai and Los Angeles, as well as the Mobile 360 Series of regional conferences.

www.gsma.com. Twitter: @GSMA.

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CORPORATE advisory and investment firm Shape Capital announced today that its Brisbane based client SQID Technologies Limited successfully completed listing on the Canadian Securities Exchange (CSE) on January 21, 2020 under the symbol CSE:SQID.

SQID is a payment processor enabling merchants to receive debit or credit card payments. For the fiscal year ended June 2019, SQID reported total transaction value of $163 million and revenues of $5,403,525 and profit before income tax of $1,147,722 reflecting a 72 percent increase in revenues and 85 percent increase in its profit before income tax over the same period for the fiscal year 2018.

A team of advisors handled the listing with Shape Capital acting as the Australian corporate advisor to the transaction in collaboration with TriPoint Global Equities/BANQ® in NY and Australian based First Growth Funds Limited.

"Listing Australian companies on the CSE is cost effective and a more streamlined process compared to listing on the ASX. The CSE provides Australian companies with a great launch pad into North America to gain market exposure, access to new investors and help create shareholder value," said Anoosh Manzoori, CEO of Shape Capital.

SQID's technology provides merchant services and transaction processing to business merchants and ecommerce customers across both ‘business to business'; (B2B) and ‘business to consumer'; (B2C) segments to bridge both retail and wholesale transactions through its platform.

Its technology is powerfully structured to allow layered access to payment and merchant transaction data, and integrates these retail and wholesale layers (creating many separate customer nodes within the network), providing split settlements between each layer. This provides a broad platform for commission structures and transaction-based rewards that are settled at the same time as the underlying transaction is settled. The business model is applicable to significant business channels including affiliate marketing, rewards programs, franchises, marketplace apps, agencies and more.

SQID has established itself as a relationship payment provider and payment facilitator in the Payment Processing industry, which specialises in delivering ecommerce solutions to businesses that have their ‘card-not-present' commercial outcomes dependent on two or more businesses. This has delivered sizeable growth in revenue as the model is based on engaging one referrer who then refers additional merchants. The company has concentrated on building relationships with merchants and providing incentives to merchants for referrals to new business opportunities. This has resulted in substantial growth with minimal overhead and resources.

The SQID business has a proven business model of delivering sustained profitability over time. Revenue growth has been achieved through strong growth from merchants in industries related to training and education.

www.sqidpay.com.

About Shape Capital

Shape Capital is an investment and corporate advisory firm that positions, prepares and shapes clients for specific events, including mergers and acquisitions, capital raisings and IPOs. As an independent advisory firm, Shape Capital advises private and public companies and has extensive experience in cross-boarder transactions with a strong focus on the technology sector. Shape Capital works with high growth companies to assist with strategy, timing, structure, valuation, and provides access to a large global network of investors. Shape Capital holds an Authorised Corporate Representative of an Australian Financial Services Licence (AFSL) with head office in Melbourne, Australia. http://www.shape.capital 

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