Tag: Startups

Non-compete ban: Govt holds firm against tech sector

Posted on   |  by Justin Hendry
The Albanese government will push ahead with its ban of non-compete clauses for workers earning less than $190,100 a year, defying calls from the business and tech industry groups...

Property drives sharp decline in entrepreneurial base: CEDA

Posted on   |  by David Allen
Australia’s entrepreneurial base is shrinking, and the decline is sharpest among the wealthiest households that are ironically best placed to start a business, new CEDA data analysis has found....

South Australia chases OpenAI investment with new MoU

Posted on   |  by David Allen
A new partnership between South Australia and OpenAI could clear the way for fresh research collaborations, data centre investment and a skills makeover for the state’s public service. The...

Qld govt moves to save startup hub it planned to shut

Posted on   |  by Justin Hendry
The Queensland government has pulled back plans to shut The Precinct, one of the state’s largest startup hubs, saying it is now working to secure its future just weeks...

IGP grant propels Kite Magnetics towards commercialisation

Posted on   |  by David Allen
Cleantech startup Kite Magnetics has landed $2 million from the federal government’s industry accelerator and flagged a planned $22 million Series A funding round as it pushes towards commercialisation....

No modelling on startup impact before CGT overhaul

Posted on   |  by David Allen
Treasury cannot pinpoint any modelling conducted before the federal budget on how capital gains tax reforms would affect startups, in the latest sign the federal government rushed the sweeping...

S3B kicks off drive for 15-year sovereign chip strategy

Posted on   |  by David Allen
Australia’s semiconductor industry is falling short of its economic potential, held back by gaps in its technology stack and the absence of a coordinated national strategy, according to a...