News

Monash medical innovation accelerator opens with state backing

Monash University on Wednesday launched a new innovation accelerator to embed commercialisation capabilities into its medical research and the health sector. The purpose built Velos accelerator is aiming to...

AI won’t drive productivity without targeted govt policy

Productivity Commission chief Danielle Wood is right to describe artificial intelligence as a “general-purpose technology” in the mold of electricity, the internal combustion engine, or the internet. Where she...

$50.4m in CRC-P grants backs 21 new industry collaborations

The federal government has awarded more than $50 million in new Cooperative Research Centres Projects (CRC-P) grants, funding 21 industry-led collaborations across sectors including energy, biotech, defence, aerospace, manufacturing...

Call for crackdown on Big Four software tie-ups

Big Four consulting firms that have commercial agreements with software vendors would be barred from advising federal government agencies on technology projects under a proposal from TechnologyOne. In a...

How AI actually works and why it’s trouble for tech giants

As Australia looks to artificial intelligence to lead a new wave of productivity it’s worth remembering its mathematical limitations and that the frontier vendors will ruthlessly chase their losses....

NSW tightens tap for MVP Ventures grants

NSW’s popular startup grant program will open next month with much tighter rules, closer ties to the state’s industry policy and a dedicated stream for female-owned, Indigenous and regional...

Urgent reform needed to close future skills gap

Australia could face a shortfall of 250,000 workers across the finance, technology and business sectors by 2030, according to Future Skills Organisation (FSO) chief executive Patrick Kidd. Speaking on...

Victoria govt joins Canberra’s AWS mega-deal

The Victorian government has renewed its state purchasing contract with Amazon Web Services, giving public servants an “enhanced” way to buy hundreds of cloud services from the hyperscaler. The...

IGP rolling again with $29m in new grants

Cutting-edge Australian companies have picked up grants worth almost $29 million from the Albanese government’s key startup program to develop and commercialise products like laser drilling, battery recycling and...

US wants equity stake in Intel for CHIPS grants

The US government wants an equity stake in Intel in exchange for cash grants approved during the administration of former President Joe Biden, Commerce Secretary Howard Lutnick said on...

Sovereign AI builder’s warning on hasty AI rules

Australia’s lone builder of a sovereign large language model has backed a wait and see approach to AI regulation as the Albanese government signals it will be months before...

Gap analysis shows existing laws ‘inadequate’ for AI age

Australia’s existing regulations are “inadequate” to deal with the emerging risks from general-purpose AI models, according to a new study that surveyed dozens of experts in the field. As...

$500m in battery grants open for struggling sector

A $500 million program to support Australian battery manufacturing has opened, offering capital grants and production incentives to local companies as international competition grows. The Battery Breakthrough initiative, announced...

Unis on notice as Clare beefs up regulator

The university regulator is set to gain new powers in response to what Education minister Jason Clare says is an undeniable slide in governance at institutions around the country,...