Tag: venture capital

Foreign funds are being discouraged: AIC

Posted on   |  by Joseph Brookes
The lack of common investment vehicles first promised by the Coalition five years ago is acting as a handbrake on foreign capital entering Australia, according to the peak investment...

Tech companies spared from new FIRB test

Posted on   |  by Denham Sadler
Most tech companies may be spared from the strict new foreign investment national security test rules, with the government releasing draft legislation on the significant reforms. The federal government...

Private capital wants a ‘visionary plan’

Posted on   |  by Denham Sadler
Australia needs a “visionary plan” to double the size and output of the local tech sector in the wake of the COVID-19 pandemic, the Australian Investment Council says The...

Huge VC and talent opportunity: AIC chief

Posted on   |  by Denham Sadler
A comprehensive plan for Australia’s innovation economy is urgently needed, with an opportunity to attract offshore capital and talent at unprecedented levels following the COVID-19 pandemic, according to Australian...

Senate inquiry for Business Growth Fund

Posted on   |  by Denham Sadler
The government’s plan to inject $100 million into a new business growth fund will be subject to a Senate inquiry after the Opposition raised concerns over “unanswered questions” and...

US-China trade stoush hurts Aussie tech

Posted on   |  by Denham Sadler
The tech sector has been hit by the trade tensions between the US and China with a sharp decline in VC flow, and this will have “harmful ramifications” for...

Tech funding needs new reforms: AIC

Posted on   |  by Denham Sadler
A series of FinTech-friendly reforms are needed to help Australia reach the next phase of tech investment, according to the Australian Investment Council. In a submission to the Select...

Chinese VC looks to the world

Posted on   |  by Graeme Philipson
China may be nominally communist, but that doesn’t mean it doesn’t have venture capitalists. In a very big way. They get together every year, in Beijing’s Arctic January weather,...

Venture funding is in rude health

Posted on   |  by Denham Sadler
The Australian venture capital industry is reaching new stages of maturity and would continue to grow with or without government support, according to Innovation Bay co-founder Ian Gardiner. Venture...