News

AI software firm Fivecast closes $30m Series A

Australian software startup Fivecast on Tuesday announced it had closed its AU$30 million Series A. The round, led by US cyber investment firm Ten Eleven, which counts Malcolm Turnbull...

Local lessons in US plan to shift cyber burdens

The new US national cyber strategy is shifting burdens and liabilities away from end users towards vendors and manufacturers. An expert cyber advisor to the Biden Administration says there...

Innovation on show in $20m commercialisation grants

Supercapacitors, a livestock trading platform and low emissions cooling are among the latest recipients of Accelerating Commercialisation grants from the federal government, which the founders say remains crucial to...

Gelion continues to amass battery IP with USyd patent buy

Home-grown battery manufacturer Gelion has continued its intellectual property buying spree with the purchase of a lithium-silicon-sulphur battery technology patent from the University of Sydney. The acquisition comes less...

Stronger enforcement on CDR data incoming: ACCC

Australia’s competition watchdog is set to increase enforcement activities against banks that feed poor data into the Consumer Data Right following consultation with data recipients. In particular, “significant shortcomings”...

International cyber strategy rolls into national plan

Australia’s international and domestic cyber strategies will be integrated in the upcoming national strategy, with a renewed cyber diplomacy push seeking to make Australia the “partner of choice” for...

Australia and UK sign new agreement on critical minerals

Cooperation on critical minerals processing and value-added manufacturing capabilities between Australia and the United Kingdom will be expanded following the signing of a new Statement of Intent. The deal...

No new funding for national cybersecurity office

The national office being stood up by the federal government to coordinate its cyber security efforts and respond to incidents will operate without any additional funding initially, the Department...

Robotics strategy delayed as discussion paper launches

Industry and Science minister Ed Husic has opened up consultations on the development of Australia’s first National Robotics Strategy, which is expected to include a focus on filling robotics...

Legacy tech poses ‘significant risk’ to Medicare system: Review

The federal government should urgently consider options to replace the legacy technology underpinning the Medicare payments system to address fraud and non-compliance by doctors, according to a government-commissioned independent...

Defence to develop high energy laser manufacturing capability

A high energy laser manufacturing capability will be developed in South Australia in a collaboration between United Kingdom-based QinetiQ and the Defence Science and Technology Group. The Department of...