New South Wales voters go to the polls this Saturday to decide who’ll lead the nation’s most populous state for the next four years. The Coalition has been in charge since 2011 and the consensus is that this election is too close to call, with the potential for another minority government – something current premier… Read more »
Discrimination and racism come at a massive cost to the Australian economy and society, as Indigenous Australians and people of colour bear the brunt, especially when it comes to their mental health. In response, those hardest hit by the ongoing problem have built a digital platform to support each other. Maya Cares is a community… Read more »
Melbourne scale-up Envato is flying the flag for Australian tech once again in the annual list of the world’s best marketplaces released by a16z, the fund of legendary Californian venture capital firm Andreessen Horowitz. It’s the 4th edition of a16z Marketplace 100, and Envato, which remains privately owned, after it was founded in a Bondi… Read more »
According to predictions made nearly a decade ago, we should be riding around in self-driving vehicles today. It’s now clear the autonomous vehicle revolution was overhyped. Proponents woefully underestimated the technological challenges. It turns out developing a truly driverless vehicle is hard. The other factor driving the hype was the amount of money being invested… Read more »
Australian businesses are in the midst of a digital skills crisis with new research by RMIT Online and Deloitte Access Economics revealing the digital skills gap is costing Aussie businesses a whopping $3.1 billion annually, or $9 million a day. While closing the current digital skills gap would require a substantial investment of $1.5 billion.… Read more »
Agriculture fractional investment marketplace Invest Inya Farmer (IIF) has raised $1.1 million in Seed funding to give everyone to back the people who grow what they eat. The round was led by Investible, alongside global agtech VC AgFunder and high net worth investors. IIF has built a smartphone app that allows users to browse and… Read more »
Spare a thought for the country’s tech billionaires when you read at The Australian’s annual list of the nation’s 250 richest people tomorrow. 2022 wiped billions from their wealth, while the old-school titans continued to make a motza digging up stuff, building apartment blocks and turning trees into boxes. Twelve months after the tech billionaires… Read more »
The ongoing wave of tech layoffs is buffeting NBN Co, which announced this month it will lay off 500 people as the company adjusts its operational and funding strategies to accommodate a climate of increasing competition and intensifying borrowing pressure. The company, which has built and operated the National Broadband Network (NBN) since 2009, will… Read more »
Australian politicians have another way to brag about the nation being a global leader, although they probably won’t – it’s all about being a surveillance state. A new report on data surveillance from VPN provider Surfshark, reveals that government requests for user data from big tech companies by local law enforcement and other agencies are four… Read more »
Catalysr, the Western Sydney startup incubator for migrant entrepreneurs, aka migrapreneurs, is in the final days of applications for its 2023 fellowship program. The startup accelerator helps migrants and refugees build businesses that contribute to Australia’s economic success. The applications are open and close next Wednesday, March 29. The 10-week program is for early-stage migrant… Read more »
Sydney cryptocurrency pioneer Independent Reserve has acquired Sydney Swans sponsor Bitcoin.com.au in a deal worth $3 million. The M&A deal comes as crypto sees rising prices and renewed interest amid US bank collapses and the USB takeover of Credit Suisse. Since the collapse of Silicon Valley Bank, amid ongoing concerns about the stability of the… Read more »
Shark Tank Australia, which is returning to the screen in 2023 on 10, has revealed five new investors for the new series. Crossing the Pacific from the US edition is prolific veteran investor Robert Herjavec, who’s ploughed more than $23 million into more than 50 companies across 14 seasons on the show. The Ferrari-racing IT veteran… Read more »
Women empowerment organisation Dress for Success Sydney (DFSS) has reached halfway in its fundraising goal of $250,000 to assist women throughout Australia in overcoming barriers to employment. The not-for-profit is urging Australians to contribute the equivalent of one hour’s pay to support them in reaching their target. DFSS is an affiliate of Dress for Success… Read more »
Hospitality ordering and payments platform Mr Yum has cut another 40 jobs, just seven months after shedding 40 more jobs – 17% of its then global workforce. CEO and cofounder Kim Teo posted the email she sent to staff today on LinkedIn saying they’d made “the strategic decision to get to profitability with our current… Read more »
From cryptocurrencies to ChatGPT, digital and tech were headline news in 2022. That’s unlikely to change in the year ahead, although inevitably we will see the hype fade on some innovations to be replaced by the latest shiny new thing. The one constant that transcends the news cycle is the relentless pace of technological change,… Read more »
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