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.
Dedicated to identifying the most promising research from universities across New Zealand and Australia, forming a company around it, investing in it, and commercialising it is Powerhouse Ventures.
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.
The agreement will allow the SFC and ASIC to refer fintechs to each other for advice and support via ASIC’s Innovation Hub and the SFC’s Fintech Contact Point.
Finding unique stores in a new city or country can be a challenge for travellers; looking to make it easier through curated guides is Travelshopa.
Envato has expanded upon its existing sponsorship of Melbourne-based social enterprise Code Like a Girl, becoming a national partner to help the organisation further build upon its aim to get more Australian girls and women into the tech sector.
Australian marketing startup Rokt has announced an US$11 million extension of its Series B funding round, for which it had raised US$15 million in February.
Josh Foreman saw through his work in a previous business the direct impact that bad debt has on SMBs, and came up with InDebted.
They are now among the biggest names across the global tech landscape, having changed the way we work and play, but the likes of Dropbox and Airbnb were once little more than one of hundreds of early-stage companies pinning their hopes on gaining valuable mentorship and guidance through an accelerator program. Two of Airbnb’s cofounders,… Read more »
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