News

NSW govt prepares to renegotiate $490m SAP deal

The New South Wales government has extended its main sourcing agreement with German software giant SAP by another year, as it prepares to re-negotiate the contract now estimated to...

Student debts waived after govt IT bungle

The federal government will waive $21 million in tertiary debt and overhaul IT systems after a tech bungle held nearly 20,000 students’ loans up for years in internal systems....

WA Budget boost for innovation, digital health

Western Australia’s innovation fund and digital health programs have seen a significant boost in the state government’s 2023 Budget as annual economic growth hits a nine-year high. The New...

Think tank to govt: Push Quad on clear ransomware policy

The Albanese government is facing calls to steer Australia’s Quad partners towards a ransomware policy that clearly discourages payments but also introduces new reporting obligations for business that do...

WA Budget delivers $2.8bn battery and renewables package

A $2.8 billion package for energy storage, wind power generation, and transmission network upgrades along Western Australia’s main electricity grid is contained in the state’s 2023-24 Budget. The funding...

Nuclear waste is a $476m problem even before AUKUS

A long-planned nuclear waste facility to store and dispose of radioactive material that has built up over decades has secured significant funding after the former Coalition government settled on...

Research funding ‘crisis’ overlooked in Budget

Treasurer Jim Chalmers’ second Budget disappointed research and science groups, which had been calling for a significant increase in investment after a decade of decline had created a “crisis”...

Early-stage commercialisation package backed by industry

A $390 million early-stage commercialisation initiative designed to ready homegrown SMEs and startups for future investment through the $15 billion National Reconstruction Fund has been widely praised by industry...

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...