Description

In this week’s episode, discussions are made into the data privacy concerns regarding electric vehicles (EVs), specifically Chinese-made EVs, and how individuals in Australia can request their personal data from these companies under the Privacy Act. Craig inquired about updating his will regarding the disposition of a bequeathed asset, and Nick emphasised the importance of keeping wills current, providing the necessary process for that to be done. Kevin raises a question about possible legal action against the government regulatory body ASIC for alleged failure and negligence. Nick addresses this query by discussing the challenges involved in taking legal action against a regulatory body and offers alternative strategies. Lastly, Mark raised concerns over rising strata fees, leading Nick to discuss the post-COVID solvency of businesses and its impact on strata operations.

Topics Discussed:

Security and privacy concerns with Chinese made electric vehicles

Australian user rights regarding EV data collection

Company administration and outcomes for creditors

Changing a will after disposition of a bequeathed asset

Legal action against ASIC and government entities

Strata fee issues and management dissatisfaction