News

Defence co-funds undersea drones with American tech firm

Defence Minister Peter Dutton has announced that the federal government will co-fund a three-year $140 million unmanned undersea vehicle development program with military tech firm Anduril. Three Extra Large...

CyRise accelerator readies Cohort Six for Demo Day

Melbourne-based cybersecurity accelerator CyRise will celebrate its fifth anniversary this month with a demo day featuring startups from Australia, Singapore, India, and the United States. It is the first...

Nominations open for WA Innovator of the Year

The Western Australian government has opened nominations for the 2022 edition of its Innovator of the Year awards with a prize pool of $140,000 on offer. The Western Australian...

Shortlist named for first NSW Renewable Energy Zone

The New South Wales Government on Wednesday shortlisted three groups of companies to establish a key part of Australia’s first renewable energy zone in the state’s central-west. The groups...

Hypersonix’ test success for prototype scramjet engine and fuel

Hypersonix Launch Systems has announced successfully completed benchtop testing of an additively manufactured prototype scramjet engine and its hydrogen fuel system. Announcing the completed tests – conducted at Bulwer...

Yes, there are challenges, but the business outlook is strong

There is an ongoing pandemic. There are skills shortages. There is a war in Europe, and complex and over-lapping geopolitical tensions. There are supply-chain concerns, particularly around semiconductors. And...

Former Minerals Council chief lands on Entrepreneurs’ Programme

Former Minerals Council chief Mitchell Hooke has been appointed to the federal government’s Entrepreneurs’ Programme advisory committee, with more than half of the committee members added this year. Four...

Govt digital passenger app only works a quarter of the time

The federal government’s $60 million Digital Passenger Declaration is “error riddled” and only works a quarter of the time, according to the public sector union. The Digital Passenger Declaration...

Vic Budget: Govt to make equity investments in local startups

In a significant shift from recent innovation policy, the Victorian government will take direct equity stakes in high-growth local companies through a new pilot fund, announced as part of...

Deloitte brought in to review govt’s Moon to Mars program

US consulting giant Deloitte will be paid nearly $250,000 over three months to review the federal government’s $150 million Moon to Mars program. Launched in late 2020, the Moon...