Tag: Department of Industry

$16m boost for sovereign tech trailblazer companies

Posted on   |  by Trish Everingham
Four Australian scaleups developing sovereign technologies in space, clean energy, defence and robotics have secured a combined $16 million in early-stage commercialisation funding under the federal government’s Industry Growth...

Politics and cultural inertia stymie procurement reform

Posted on   |  by James Riley
There is surely no more challenging federal issue in need of urgent reform than tech procurement policy. It is the giant industry development policy lever sitting in plain sight,...

Govt loan untouched as PsiQuantum capital raise incomplete

Posted on   |  by Justin Hendry
US-based PsiQuantum is yet to meet the terms of its $275 million debt agreement with the federal government, preventing it from drawing down on the partially-interest free loan months...

$200m Qld battery precinct yet to power up two years on

Posted on   |  by Brandon How
Funding for a Queensland battery precinct promised by the Albanese government ahead of the 2022 federal election is yet to materialise more than two years after it was pledged....

AI copyright steering committee appointed

Posted on   |  by Brandon How
A group of 20 representatives from industry and academia have been appointed to screen the issues to be contemplated by the federal government’s AI and Copyright References Group. Details...

Taskforce created to set public service guardrails for AI

Posted on   |  by Justin Hendry
A new government taskforce has been tasked with forging a set of guardrails for the use of artificial intelligence in the Australian Public Service, as the Albanese government seeks...

First $5bn flows to NRF as the corporation is formalised

Posted on   |  by Justin Hendry
The entity responsible for overseeing the Albanese government’s signature $15 billion National Reconstruction Fund has been formally established, almost six months after the legislation passed through Parliament. The National...