The Australian government has signed a deal with the Western Australian government to spend $6 million developing the state’s space sector. The Morrison government wants to triple the size of the Australian space sector to $12 billion and create another 20,000 jobs by 2030. Under the Memorandum of Understanding (MoU) between Federal Science Minister Karen… Read more »
Professor Prokopenko’s with the RoboCup 2019 trophy. Photo by Luisa Low/University of Sydney. Researchers from the University of Sydney, in collaboration with scientists from the CSIRO’s Data61, have won a soccer world championship, but didn’t need a field to do it – the victory came in the 2019 RoboCup’s Soccer Simulation 2D League. The winning… Read more »
Digital Shadows co-founder and CEO Alastair Paterson Big four bank NAB is backing a digital risk protection startup it’s already engaged with as a customer, leading a $10 million round for US-based Digital Shadows through its investment fund, NAB Ventures, alongside existing investors, including Octopus Ventures. Melissa Widner, Managing Director, NAB Ventures and David Fairman,… Read more »
Jacobi co-founders Greg Knox, Tony Mackenzie, and Tanya Bartolini. Source: supplied The Brisbane investment technology platform has raised AU$11 million from US investors Client base includes sovereign wealth and retirement funds, and asset and wealth managers with more than $1.5 trillion in assets under management Expands internationally with launch of UK office to target Europe. … Read more »
MealPal co-founders Katie Ghelli and Mary Biggins. Source: supplied The US startup launched in Sydney and Melbourne in 2017, charging either $96 or $160 for 12 or 20 lunches a month Co-founder Mary Biggins says Australians have ordered 1 million meals via the app MealPal is in 21 cities around the world and Australia… Read more »
Employment Hero co-founder and CEO Ben Thompson. Source: supplied The latest raise values the 5-year-old startup at more than $100 million SEEK, OneVentures, and AirTree Ventures contributed once again The funds will help facilitate strategic integrations with SEEK, and international expansion, as well as developing the “WorkLife Passport” product, which simplifies things such as super… Read more »
If your business is doing something cool, it could be worth $20,000 and give you the chance to rub shoulders with government and corporate leaders at the Australia New Zealand Leadership Forum (ANZLF). Consulting firm Accenture is backing the inaugural ANZLF Trans-Tasman Innovation and Growth Awards, which offers a $20,000 prize to each of four… Read more »
A new report from the NSW Innovation and Productivity Council (IPC) released this week reveals that 255,000 of the state’s small businesses are standout performers when it comes to jobs and profitability, but need to focus on more innovation to help them grow. The Business Size Report by the NSW IPC looked a 2015 data on… Read more »
Adviser Ratings CEO Mark Hoven and MD and co-founder Angus Woods. Source: supplied Sydney-based independent financial advice rating and data startup Adviser Ratings has turned to crowdfunding as it seeks to respond the banking royal commission’s findings into conflicts of interest in the sector. The Series A raise through equity crowdfunding platform Birchal launched publicly… Read more »
Privately-owned co-working provider Hub Australia has opened its third Melbourne CBD space, Hub Parliament Station in Orica (formerly ICI) House on Nicholson Street. The 19-storey 1958 office tower was Australia’s first skyscraper. The Hub space is spread across three levels (16, 17 and 18) covering 2,757 square metres. Hub Parliament Station can fit more than… Read more »
Who’s who at Fivecast: Ross Buglak, VP Product Development; CEO Dr Brenton Cooper; Duane Rivett, VP Commercial; Dave Blockow, VP Engineering. Photo: Ben Searcy. South Australian data analytics company Fivecast has raised $4 million from the CSIRO’s Innovation Fund, Main Sequence Ventures, and the South Australian Venture Capital Fund, to expand globally. The Adelaide startup… Read more »
The RBA cut the official cash rate for the second month in a row at its July meeting to take the official cash interest rate to just 1%. The 25 basis points reduction repeats the June cut and the market believes the RBA may cut by another 25 basis points to just 0.75% later… Read more »
The NSW government released a new report today from the state’s Innovation and Productivity Council (IPC) looking into the state of business there. The IPC’s Business Size Report cast its eye over more than 1.17 million businesses, from sole traders to large companies. It is based on 2015 data from the ABS BLADE… Read more »
The robots are not coming for your job, according to Sarah Edwards, client operations head at property data company CoreLogic. Instead, they’re freeing up workers to do more interesting things. CoreLogic has been introducing robotics to automate simple and repetitive tasks and Edwards says it’s delivered efficiencies for both customers and staff. “Our goal has… Read more »
Sniip, a free mobile app that lets you scan bills and pay them quickly using its mobile wallet, has signed a partnership with BPAY. Sniip’s move into BPAY is being sponsored by the Indue, the Australian-owned e-payments bank. As a result of joining the payments platform, Sniip is increasing the number of billers accessible through… Read more »
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