According to the Australia’s Health 2016 report, Australia’s health expenditure hit $155 billion in 2013-14, or 9.8 percent of the country’s GDP; this was up from $150 billion in 2012-13, and almost $95 billion, adjusted for inflation, in 2003-04. This spend is due to a population that is both growing and ageing, with advancements in… Read more »
Catch Group has launched Bon Voyage, a platform allowing travellers to find and book luxury travel experiences.
Melbourne edutech startup Verso Learning, which looks to assist teachers both in the classroom and with their own professional learning and development, has raised a $2 million Series A round led by Ken Lowe, cofounder of Canberra Data Centres.
Data Governance Australia (DGA) has released a Draft Code of Practice to set industry benchmarks for the responsible collection and use of data.
When we started Sleeping Duck we had a tiny amount of bootstrapped capital that we had raised from running some online retail businesses.
Sydney fintech Simply Wall St has raised $2.4 million in funding from its user base, which has now grown to 100,000 users across five global markets.
Thanks in part to the government’s sale of public assets, NSW Treasurer Dominic Perrottet has delivered a surplus of $4.5 billion in his first state Budget, along with a strong focus on regional investment.
A Federal Government committee has warned that there must be more investment in quality STEM education if Australia is to turn back the “decay curve” of STEM-capable students and grow its “nascent but promising” innovation ecosystem.
Another high-profile Australian startup has lost a chief executive, with Campaign Monitor’s Alex Bard today announcing he will be leaving his post as CEO at the end of June.
Looking to further the development of the Victorian fintech sector, the state government has announced its plans to establish a fintech hub in Melbourne.
Melbourne employee engagement startup Culture Amp has raised a US$20 million ($26.4 million) Series C round led by Sapphire Ventures, with participation from previous investors including Index Ventures and local firm Blackbird Ventures.
After announcing its plan to be the shining beacon for, and central heart of, the Sydney startup community last December, the city’s proposed tech precinct Lighthouse is pivoting from property to education.
As Australia’s major banks take their time deciding their stance on Apple Pay, Samsung has partnered with local payment solutions provider Cuscal to enable almost 40 financial institutions to offer Samsung Pay to their customers.
Just a few months on from the departure of cofounder Andrew Rothwell, banking startup Tyro has lost another key figure, with recently appointed CEO Gerd Schenkel today announcing his resignation.
Australian VC has “come of age”, with a record $568 million raised in the 2016 financial year and an estimated $1 billion raised since last July.
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