Encryption bill could have ‘catastrophic’ outcomes for Australian business, industry leaders warn

Members of the Australian technology industry have warned that the Government's encryption bill would devastate their reputation, triggering job losses and a reduction in exports.

Under its proposed powers, the Assistance and Access Bill could require a company to create a new mechanism for law enforcement to access encrypted communications — for example, text messages from a terrorist suspect — while also demanding it keep the capability a secret.

Francis Galbally, chairman of the leading encryption provider Senetas, said this situation would breed serious mistrust of businesses like its own.
https://www.abc.net.au/news/science/2018-11-30/encryption-bill-tech-business-damage-international-reputation/10570316

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