Just two months away from hundreds of startups and founders being forced to move out of the Sydney Startup Hub, there’s still no clear vision from the NSW government about what the move to Tech Central will look like. While the government has yet to publicly announce a new location, Startup Daily understands that tenants… Read more »
The NSW budget has put a price on moving everyone out of the Sydney Startup Hub in the CBD to Tech Central 2km away: $5 million. That cost represents around 13% of the funding for Tech Central announced by treasurer Daniel Mookey in Tuesday’s budget. A line item in Budget Paper 3 on infrastructure spending… Read more »
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 »
The NSW government considering legalising the use of e-scooters on the state’s roads, provided riders where a helmet and are over 16. At the moment, e-scooters can be bought locally, but can’t be ridden on NSW streets. But a plan to legalise their use forms part of a new E-micromobility Action Plan released by the… Read more »
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 »
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 »
While Queensland is busy backing startups with a $130 million fund that’s luring NSW VCs north of the border, and Victoria is backing NSW startups to set up shop to the South, it’s been all quiet on the Macquarie Street front when it comes to state government support for startups. After a disappointing federal budget… Read more »
What do reducing domestic violence associated with pornography use and data breaches by local clubs across NSW have in common? The commonality is in part of the solution. It is solving the digital identity problem. It is being able to overcome the downsides of existing digitally, which is an unregulated free-for-all for kids, and currently… Read more »
Startups, technology, innovation, investment and modern manufacturing are no longer on the priority list in NSW. Technology, startups and the arts are esoteric areas of investment for the new NSW Labor government and will bear the brunt of cost cutting and budget savings in the years ahead as part of a drive to surplus. Among… Read more »
Last week we were among the many startups and small businesses who suffered a kick to the guts by the sudden (and quiet) halting of Investment NSW’ MVP Ventures grant program. In one brief email, our plans for the year were turned upside down. Only last month we publicly praised the NSW Government for its… Read more »
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