Author: Justin Hendry

Vic Budget cuts $360m from govt VC fund

Posted on   |  by Justin Hendry
The Victorian government will strip $360 million from its venture capital fund and extend the investment horizon from 10 to 15 years, as it seeks to make more “quality...

Defence Secret cloud race narrows as Accenture deal hits $50m

Posted on   |  by Justin Hendry
Accenture has landed another a $14.7 million contract for work on Defence’s enterprise cloud services capability, while the department continues talks with shortlisted hyperscalers Google and Oracle on a...

Record low R&D spending growth in higher education

Posted on   |  by Justin Hendry
University spending on R&D as a share of GDP has recorded its biggest two-year decline in more than 30 years, despite total investment by the higher education sector climbing...

EY’s ATO big data deal grows $47m in a year

Posted on   |  by Justin Hendry
Big four consulting firm EY will be paid another $7.7 million to provide IT data and analytics services to the tax office after it extended a lucrative contract that...

Govt to cut APS outsourcing by another $1bn

Posted on   |  by Justin Hendry
The Albanese government will shave a further $1 billion off its spending on contractors and consultants over the next four years, in a continuation of the outsourcing savings drive...

Quantum is a safe bet when you fear AI

Posted on   |  by Sandy Plunkett
The $940 million investment in Silicon Valley-based startup PsiQuantum jointly made by the federal and Queensland governments last week represents the first WTF moment of the recently announced Future...

National quantum advisory body not consulted on $1bn deal

Posted on   |  by Justin Hendry
The hand-picked committee of eminent science and business leaders enlisted to provide advice to the Albanese government on the national quantum strategy were not consulted on the decision to...

Amazon’s Starlink rival gets Aussie carrier approval

Posted on   |  by Justin Hendry
Amazon has been granted regulatory approval to operate its forthcoming internet satellite service Project Kuiper in Australia, as the company sets its sights on customer trials of the Starlink...

No federal work for PwC until at least December

Posted on   |  by Justin Hendry
Embattled consulting giant PwC has agreed not to bid on any new federal government work for at least seven months at the request of Department of Finance as the...