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AAP
AAP
Business
Duncan Murray

Financial watchdog sinks teeth into rapid tech changes

The potential misuse of AI is one of the main areas of focus for Australia's financial regulator. (Rounak Amini/AAP PHOTOS)

Australia's financial watchdog says it wants to get out of the way of economic growth, while protecting consumers in a time of rapidly changing financial systems.

The Australian Securities and Investments Commission has outlined its aim to support responsible innovation while cracking down on bad actors, in a plan for the year ahead released on Wednesday.

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