In 2018 US Senator Orrin Hatch naively questioned how on earth Facebook could sustain a business model in which users don’t pay for a service… Before Mark Zuckerberg politely pointed out that they run advertisements. Just last month US Senator Ted Cruz’s speech went viral when he claimed less than 5% of his colleagues had… Read more »
Melissa Price is the new Minister for Science and Technology after a cabinet reshuffle on Friday afternoon, making her the seventh minister to take on the science portfolio in as many years. Price, the member for Durack in WA, will add science and technology to her workload as Minister for Defence Industry. Announcing the changes… Read more »
A new report into Australia’s digital future, released with week found that the nation is falling behind the US, UK, Canada, France and China when it comes to tech innovation. The analysis by the Australian Academy of Science and the Australian Academy of Technology and Engineering results in the two peak bodies issuing an urgent call to action,… Read more »
Federal Industry, Science and Technology minister Christian Porter has resigned after just five months in the role over a blind trust that saw him take money from anonymous donors to pay the legal fees in his defamation case against the ABC. Porter came under pressure last week after listing the trust on his Members’ Register of… Read more »
Public hearings for the Senate Select Committee looking into the potential of cryptocurrencies and digital assets continue this Wednesday, September 8. Fintech Australia, Judo Bank, Afterpay, the ASX, ACCC and ATO among those appearing before the committee, chaired by Senator Andrew Bragg. Ahead of the hearing, Senator Bragg joined Startup Daily show to outline his… Read more »
The government is looking closely at regulations affecting cryptocurrency as it considers how to handle digital assets and encourage innovation in the broader blockchain ecosystem. Chair of the Select Committee on Australia as a Technology and Financial Centre, Senator Andrew Bragg, said the government recognises cryptocurrency is an “area of full of opportunity and full… Read more »
The fintech sector has welcomed the findings of the federal government’s payments system review as giving local startups the chance to compete on a level playing field against tech giant such as Apple and Google. The Farrell review, commissioned by Treasurer Josh Frydenberg as part of 2020’s budget response to the pandemic, to investigate whether… Read more »
Australia leads the world on several technology fronts, but the Morrison government needs to accelerate industry digitisation or the country will lose its competitive advantage, the IT sector’s peak body, the Australian Information Industry Association (AIIA) has warned. The organisation, which is backed by computer giants Dell and IBM, as well as Telstra, has produced… Read more »
State, territory, and federal governments have agreed to the first national data sharing program that will ease the movement of data between jurisdictions. The formation of the Australian Data Network follows an intergovernmental data sharing agreement signed by the National Cabinet in early July which commits Australian state, territorial and federal governments to share data with one… Read more »
Pfizer doses in NSW will be spaced out to enable more first jabs to be administered quickly, as the Berejiklian government on Friday declared the Sydney COVID crisis a “national emergency”. But the plea by the state for Pfizer doses to be diverted to Sydney as part of a refocusing of the national vaccine program… Read more »
More than 1,000 Australian women entrepreneurs were left with a sour taste in their mouth this week after an email bungle from the Department of Industry, Science, Energy and Resources. Early on Monday morning, the department, which is in the portfolio of Technology Minister Christian Porter, sent applicants of the Boosting Female Founders Initiative emails wrongly saying… Read more »
It seems everyone except various Australian governments can see the writing on the wall: We are moving to an EV-led future. Yet somehow, much like addressing climate change, what is a reality that most of us already accept has become a political football. Some are more progressive than others. Last month, the NSW State Government announced it… Read more »
In 2007 Malcolm Turnbull turned off an industry’s life support without blinking. The industry made light bulbs, of the traditional kind; so energy-inefficient they lost most of it as heat. “A normal light bulb is too hot to hold — that heat is wasted, and globally represents millions of tonnes of carbon dioxide that needn’t… Read more »
On budget night federal Treasurer Josh Frydenberg announced Australia is getting its own “patent box”. What is a patent box? Despite its odd name, it is a relatively straightforward concept. It means lowering the tax rate on all income derived from patents registered in a nation. About half the members of the European Union, Britain… Read more »
The federal budget for 2021-22 promises A$1.2 billion over the next six years to support the Digital Economy Strategy, a plan to make Australia “a leading digital economy and society by 2030”. The Digital Economy Strategy proclaims We are well placed to be a leading digital economy and have strong foundations, but many countries are… Read more »
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