News

Budget boost for ATO’s multinational tax tilt

The Tax Office has been armed with $111 million to implement a new minimum tax rate targeted at tax dodging multinationals. The government is expected to collect more than...

$61m cut from popular export grants program

Funding for the popular Export Market Development Grant program will be cut by $61 million over the next four years, with the savings to be redirected to other federal...

Budget lays out $2bn government tech overhaul

The federal government will invest more than $2 billion in a four-year overhaul of digital platforms as it seeks to rebuild the service delivery footings of the Australian Public...

Budget 2023: $2bn for green hydrogen production credits

A hydrogen production credit scheme worth $2 billion has been announced by the Commonwealth government, although funding is not expected to flow to producers until 2026. Funding has also...

Defence commits $151m to AUKUS pillar two

Initiatives under AUKUS Pillar II have been given a $151.6 million Budget commitment over the forward estimates, with around $900 million committed to broader Defence innovation programs over the...

My Health Record gets $429m for technology upgrade

My Health Record will receive a $429 million cash injection from the Albanese government after an expert taskforce recommended the digital health platform be modernised to improve information sharing....

Govt backs quantum and AI industries with $101m

The Albanese government has unveiled industry support programs for artificial intelligence and quantum technologies, allocating $101 million over five years in a new critical technologies package that includes a...

Full Monty ambition for critical mineral supply chains

The federal government has opened the funding taps on a range of measures specifically designed to get Australian critical minerals projects locked into the global supply chains. The new...

STEM programs get a tickle rather than an upgrade

The Industry department’s STEM engagement programs – targeting Australia’s Science, Technology, Engineering and Mathematics Capabilities – have been given steady-as-she-goes roll-over funding, but the National Measurement Institute has enjoyed...

myGov gets Budget certainty, new money flows to Digital ID

The Albanese government has committed $134.5 million to give myGov “certainty and stability” for another 12 months while it considers the longer-term funding needs of the platform in the...

APS in-house consultancy locked in with $11m

An in-house public service consultancy will be established within months alongside domestic procurement reforms as the Albanese government looks to do more work in-house and get more value out...