Tag: tech council of australia

VCs stage late fightback against sophisticated investor changes

Posted on   |  by Justin Hendry
Early-stage venture capital firms have come out in force against proposed changes to the “sophisticated” investor thresholds, with more than 20 late submissions to a federal government review accepted...

Pushback over data localisation for digital ID scheme

Posted on   |  by Justin Hendry
Digital ID is shaping up as the next data localisation battleground, with the Tech Council of Australia arguing proposed rules requiring onshore hosting for the scheme will do nothing...

A leadership gap opens up in tech and innovation

Posted on   |  by James Riley
You don’t need to be Nostradamus to see that 2024 is shaping as a difficult and defining year for industrial policy. There are challenges everywhere you look. Actually, that’s...

Sophisticated investor overhaul: Angels sound the alarm

Posted on   |  by Justin Hendry
Angel investors and venture capital firms are warning that proposed changes that will make it harder to qualify as a “sophisticated” investor will reduce funding for early-stage startups at...

Tech Council chief Kate Pounder steps down

Posted on   |  by Brandon How
Tech Council chief executive Kate Pounder will step down from her role at the end of next week, marking the end of a chapter for the peak industry body...

Cautious welcome for govt’s planned privacy law upgrade

Posted on   |  by Joseph Brookes
The government’s planned upgrade of Australia’s privacy law has been backed by the national regulator and cautiously welcomed by advocates and the tech sector after years of debate. The...

Tech Council balks at EU-style AI Act

Posted on   |  by Justin Hendry
Australia risks an exodus of artificial intelligence capability and investment if new technology-specific regulations are introduced and the country’s existing copyright regime is tightened, the Tech Council of Australia...