News

Private investors eye Australia

Australia-based private equity (PE) and venture capital (VC) fundraising achieved record highs in 2018, with a new report by the Australian Investment Council revealing that local firms secured $30...

Morse Micro keeps HQ, R&D in Aust

Fresh from a $24 million capital raise, Internet of Things semiconductor startup Morse Micro has vowed to keep its headquarters and research and development operations in Australia, and lauded...

Digital lipstick on a delivery pig

It’s early days, but in the absence detail let’s call it a poor imitation that flatters to deceive. ‘Lipstick on a pig’ also comes to mind. Scott Morrison’s Services...

Services Australia fizzles to life

Services Australia sputtered to life on Thursday, not as an artful clone of the highly successful NSW delivery agency Service NSW, but as a simply re-named Department of Human...

Tough decisions time for Canberra

Bob Hawke helped make Australia’s economy globally competitive by making the tough but necessary choice of opening it up to the world. There is no simply denying that, more...

Ed Husic out of shadow ministry

Ed Husic has stepped down from the Labor frontbench and his position as shadow minister for human services and the digital economy. Mr Husic has been a major proponent...

Meet Australia’s FinTech minister

Victorian senator Jane Hume has become sworn in as Australia’s first assistant minister for financial technology within Prime Minister Scott Morrison’s second ministry. Mr Morrison announced his new team...

R&D tax audits are killing startups

The Commonwealth’s flagship R&D Tax Incentive program is too complex and difficult for smaller companies – a proposition underlined by the $200 million in clawbacks last year from companies...

Dominello on new Services Australia

If imitation really is the sincerest form of flattery, then the New South Wales’ Minister for Customer Service Victor Dominello must be feeling pretty flattered right about now. With...

Andrews outlines first 100 days

Job creation and building industrial capacity would be central themes for the Morrison government across portfolios, newly reappointed Industry, Research and Technology Minister Karen Andrews says. In the next...

LaunchVic gets a $10m fund top-up

Victorian government startup agency LaunchVic has been given a $10 million funding top-up as part of the state budget, and will continue operating for at least the next 12...

Paul Fletcher’s long to-do list

Paul Fletcher’s appointment as Minister for Communications, Cybersafety and the Arts as part of Scott Morrison’s Second Ministry leaves him with the onerous task of working through some big-ticket...

Tech sector hails stability at Industry

The technology sector has welcomed the reappointment of Karen Andrews as industry minister with hopes it will bring newfound policy stability after going through six ministers in the last...

ANSTO precinct gets $12.5m boost

Newly-appointed NSW Innovation minister Kevin Anderson has unveiled a further $12.5 million investment toward the expansion of the deep tech-focused ANSTO Innovation Precinct at Lucas Heights. The Australian Nuclear...