News

LaunchVic lands $40m boost in state Budget

The Victorian government has set aside $40 million for its startup agency LaunchVic as part of a 10 per cent increase in overall Budget funding for Industry, Small Business...

Sydney Uni to tackle quantum errors with $10m US grant

University of Sydney quantum physicists will work with IBM to suppress errors in qubits in a new four-year research project backed with a $10 million grant from the US...

Privacy bill to come before Parliament in August

Legislation for a long-awaited overhaul of Australia’s outdated privacy laws will be introduced to Parliament in less than four months, rounding out a policy reform process that has been...

Record low R&D spending growth in higher education

University spending on R&D as a share of GDP has recorded its biggest two-year decline in more than 30 years, despite total investment by the higher education sector climbing...

EY’s ATO big data deal grows $47m in a year

Big four consulting firm EY will be paid another $7.7 million to provide IT data and analytics services to the tax office after it extended a lucrative contract that...

Govt flags ‘significant’ ICT spend in federal Budget

The Albanese government has flagged “significant” funding for several digital and ICT projects in next week’s federal Budget, even as its targets a historic back-to-back surplus. On Monday, Finance...

Govt to cut APS outsourcing by another $1bn

The Albanese government will shave a further $1 billion off its spending on contractors and consultants over the next four years, in a continuation of the outsourcing savings drive...

Quantum is a safe bet when you fear AI

The $940 million investment in Silicon Valley-based startup PsiQuantum jointly made by the federal and Queensland governments last week represents the first WTF moment of the recently announced Future...

Quantum lobbyists go to work for PwC

PwC has engaged the lobbying firm that helped an American quantum computing company secure a near $1 billion government investment this week, as a path back to government work...

Gig Guide: Salesforce exec to lead ServiceNow A/NZ

ServiceNow’s Australia and New Zealand business will soon be led by Barry Dietrich, who has left his regional leadership roles at Salesforce to join the enterprise software company. Mr...

Lessons from a Canberra tech project that worked

The Department of Employment and Workplace Relations is developing a new internal strategy that will see it focus on becoming a smarter buyer of tech services, after conceding too...

$37m to bring high-altitude balloon company to Victoria

Breakthrough Victoria has invested $37 million to bring US-based observation balloon company World View to the state, its largest single investment to date. The company will use the funding...