News

Business groups balk at tougher cyber rules for directors

Australia’s business and employer groups have rejected proposals that would see them face tougher rules and more responsibility for cyber incidents, but are open to a new Cyber Security...

Govt to acquire Australian radar manufacturer for $500m

The federal government will spend almost $500 million to take majority ownership in Canberra-based military radar manufacturer CEA Technologies, a provider of “critical sovereign capability” to the Royal Australian...

Outsourced visa tech upgrade ‘was a disaster’

The decades old ICT systems underpinning Australia’s migration system need “urgent modernisation” after years of “systemic underinvestment” and failed “big bang” upgrades, according to an independent review of the...

Salesforce software costing the NDIS $2m-a-month

The cost of a Salesforce contract for the National Disability Insurance Scheme’s new customer relationship management system more than doubled to $76 million before being flagged for further investigation...

US primes urged to share secrets for local missile production

Next month’s federal Budget will earmark more than $4 billion for Australia to acquire more long-range missile strike systems and manufacture guided weapons, Defence Minister Richard Marles announced on...

Beyond competition policy and the theory of market failure

There is absolutely no doubt that orthodox economic theory concludes that, where viable, competitive markets deliver the best outcome for consumers. What is less clear is whether the orthodox...

First Industry Fellowships revealed in $24m round

Water supply, quantum chips, Bogong moths and Indigenous language are among 25 research projects to receive federal funding in a highly competitive first round of a new scheme for...

Defence industry strategy slated for release later this year

A Defence Industry Development Strategy will be released “towards the end of this year” to help deliver the reforms and capabilities outlined in the Defence Strategic Review. Defence Industry...