Budget Insider 2022

James Riley
Editorial Director

In the shadow of an imminent election, this year’s federal budget included some welcome investments for Australian innovation ecosystem, but didn’t go far enough, according to a panel of experts at InnovationAus’s sixth annual Budget Insider event.

The panelists broadly welcomed a number of tech-focused budget inclusions but said the government needed to adopt a longer-term perspective to growing the ecosystem in Australia. The panel included representatives from quantum computing company Q-CTRL and venture capital fund Beckon Capital, among others.

Before being handed down by the Treasurer Josh Frydenberg, a panel of industry members gathered to discuss what the innovation ecosystem needed out of the budget. Attendees then watched the Treasurer’s speech before a second panel discussed their impressions of the announcements.

The post-budget panel featured Beckon Capital chief executive Anne-Marie Elias, Vault Cloud chief operating office Joe Ruggero, and Q-CTRL chief executive office and founder Professor Michael Biercuk.

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