> People who just started paying attention to Australian authoritarianism during Covid often get the impression that it's entirely about the virus
Sure. And are these lockdowns still in place?
> the actual fundamental problem is that Australia is the only so-called democracy
So-called democracy? So you mean Australia can't change its government through a democratic process? Have they banned elections now or, alternatively, have they recently had an election which changed the government?
These kinds of nonsense claims only serve to undermine any point the article is trying to make.
Right! its like crazy pills. As, yah know, an Australian. It has been a combination of hilarious and revolting watching Americans complain about measures that most Aussies support and use us as an example of depreciating freedoms and declining democracy when we just had a election in which independents and small parties increased their power share significantly.
Quite frankly I think the whining of some 'finfluencer' dickheads about not being able to shill whatever without meeting the legal requirements to provide financial advice in Australia is a dud of an issue that isn't really worth our time and hardly the doomsday of Australian democracy as we know it.
Just actually reading the ASIC infosheet now and the rules are hardly unreasonable,
'The law: Financial product advice is a recommendation or statement of opinion which is intended to influence, or which could reasonably be regarded as being intended to influence, a person making a decision in relation to financial products.
You can share factual information that describes the features or terms and conditions of a financial product (or a class of financial products) without giving financial product advice. However, if you present factual information in a way that conveys a recommendation that someone should (or should not) invest in that product or class of products, you could breach the law by providing unlicensed financial product advice.'
To me it seems quite clear that a reddit post reviewing facts and details without suggestion to buy, or a youtube video of technical analysis could easily be made in such a way as to not breach these terms.
PS: I briefly read the asic page, feel free to double check!
Sure. And are these lockdowns still in place?
> the actual fundamental problem is that Australia is the only so-called democracy
So-called democracy? So you mean Australia can't change its government through a democratic process? Have they banned elections now or, alternatively, have they recently had an election which changed the government?
These kinds of nonsense claims only serve to undermine any point the article is trying to make.