Funding

‘Everything is awesome’: NSW budget sprinkles nearly $80 million on the tech sector

- June 23, 2025 6 MIN READ

The NSW budget, announced tomorrow, includes nearly $80 million of new funding in response to the recently released Innovation Blueprint. The third Labor budget from treasurer Daniel Mookhey is the first time the Minns government has made a notable, yet modest, investment in the startup and tech sector. For comparison, the recent South Australian budget… Read more »

Business

Tech reactions to the 2025 federal budget

- March 25, 2025 8 MIN READ

There was next to nothing for the tech and startup sector in the 2025 federal budget as the Labor government prepares to call an election and seek a second term. For the second year in a row, the government has delivered little for the startup sector and it does not feature specifically in the budget.… Read more »

Politics

Trump bump: Tax cuts for all in Labor’s 4th budget ahead of the election

- March 25, 2025 3 MIN READ

The Albanese government’s fourth budget is a pitch for the votes of a sour and alienated electorate, framed against a background of extraordinary international uncertainty. US President Donald Trump isn’t mentioned by name. But he is the colossus in the background of this budget and indeed the imminent election campaign. While the opinion polls and… Read more »

Jason Leong
Fintech

‘You can’t borrow your way out of a cost-of-living crisis’: fintech founder on the problem with the government’s approach to open banking

- March 21, 2025 3 MIN READ

The founder of fintech PocketSmith believes ordinary Australians should be prioritised by the federal government through the Consumer Data Right (CDR) to address cost-of-living pressures. The call, by cofounder and CEO Jason Leong, follows a record 859 pre-Budget submissions to the Commonwealth Treasury, up from 789 last year, with more than a quarter highlighting the… Read more »

Politics

Here’s what the NSW Budget offers for startups

- June 18, 2024 2 MIN READ

If startups were hoping that after 15 months in power, the NSW Labor government would finally move from cuts to investment in the sector, the state Budget, released on Tuesday, is best summed up by a line from Dante’s Inferno as they enter hell: abandon all hope, ye who enter here. Across the entire budget,… Read more »

Daniel Mookhey
Business

Small business disappointed by NSW budget

- June 18, 2024 3 MIN READ

The centrepiece of the NSW government’s business support in the 2024-25 Budget is the expansion of the Service NSW Business Bureau. However, the lack of substantial assistance to counter the rising cost of doing business has left business advocates scratching their heads. To further the reach of the Service NSW Business Bureau initiative, the government has… Read more »