Published Nov 11 2022

‘What Happens Next?’: Do NFTs Require New Laws?

Susan
Carland
Academic, author and social commentator
Ben hayward
Senior Lecturer, Business Law and Taxation. Monash Business School
Alana kushnir
Arts lawyer and adviser
Josh drummond
Artist and writer

People create, collect and trade NFTs for millions of dollars, with the hope of making profit in the future. But what are the laws and protections surrounding NFTs? How are artists and buyers safeguarded against theft, forgery, or being swindled out of large amounts of money?

In this episode, host Susan Carland speaks to experts Dr Ben Hayward, a senior lecturer in the Department of Business Law and Taxation at Monash Business School; Alana Kushnir, who works in the international business and law space; and New Zealand artist and writer Joshua Drummond, who explains how he started the world's first anti-NFT project. 

“We have this technology, these kinds of art transactions are one application for it at the minute that might persist, but maybe we might find that there's something different that we can use this technology for.”

Dr Ben Hayward

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Read more: The paradox of NFTs: What are people actually paying for?

The matters discussed in this podcast are intended to be of a general nature only. They are not legal advice, and should not be relied on as such. You should seek independent legal or other professional advice in relation to any particular matters that you or your organisation may have.

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About the Authors

  • Susan carland

    Director, Bachelor of Global Studies, and Lecturer, School of Language, Literature, Cultures and Linguistics

    Susan's research and teaching specialties focus on gender, sociology, contemporary Australia, terrorism, and Islam in the modern world. Susan hosted the “Assumptions” series on ABC’s Radio National, and was named one of the 20 Most Influential Australian Female Voices in 2012 by The Age.

  • Ben hayward

    Senior Lecturer, Business Law and Taxation. Monash Business School

    Ben’s research interests lie in private international law, the international sale of goods, international commercial arbitration, and Australian contract, commercial, sales, and consumer law. His teaching at the Monash Business School helps students understand the law's importance for work in a variety of business disciplines.

  • Alana kushnir

    Arts lawyer and adviser

  • Josh drummond

    Artist and writer

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