The future of the annual 3-day _SOUTHSTART gathering in Adelaide has been assured until 2028 with three more years of funding from the South Australian government. The new three-year $2 million commitment supporting the delivery of _SOUTHSTART, starting next year, will take the innovation festival to a decade under its current custodianship, with Craig Swann… Read more »
Last week’s announcement by the RBA that it will remove surcharges on debit and credit cards and undertake a review of interchange fees is not only welcome news for Australian consumers; it is also a great opportunity for Australian fintechs to mark their territory. Understandably, the impending change has local merchants sweating about further soaring… Read more »
The NSW government is spending $2.8 million in grants to install 549 new kerbside chargers for electric vehicles across 130 suburbs, between Newcastle and Wollongong over the 12 months. EV Kerbside Charging Grants were awarded to five companies: Charge Post, Connected Kerb, EVX, Plus ES and EF Asset Management, which will contribute a combined $2.2… Read more »
While Sydney as a tech ecosystem bemoans the looming ‘relocation’ of their Sydney Startup Hub, we here in Melbourne, even as a ‘4th Most Liveable City in the world’ aren’t even currently a good place to build a tech company, period. We don’t have a ‘home’ for startups. We don’t have a thriving scene. We… Read more »
There’s been much talk recently – especially among politicians – about productivity. And for good reason: Australia’s labour productivity growth sits at a 60-year low. To address this, Prime Minister Anthony Albanese has convened a productivity round table next month. This will coincide with the release of an interim report from the Productivity Commission, which… Read more »
Last month, an MIT study confirmed what many educators feared: students leaning on AI tools like ChatGPT for quick answers could stunt their long-term cognitive development. It’s a genuine concern, but also a familiar one. We heard the same warnings when calculators arrived in maths classrooms, or when the internet replaced library catalogues and lesson plans. Each… Read more »
The South Australian government has given the go ahead to an 11-storey building office tower at the Adelaide innovation precinct Lot Fourteen. The government will finance, deliver and own the project, known as the Innovation Centre, with the build kicking off next year for tenants to move in by late 2028. The Innovation Centre is… Read more »
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 »
Julie Inman Grant, Australia’s eSafety Commissioner, today addressed the National Press Clubto outline how her office will be driving the Social Media Minimum Age Bill when it comes into effect in December this year. The bill, often referred to as a social media ban, prevents under-16s having social media accounts. But Inman Grant wants Australians… 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 »
Technologies to enforce the Australian government’s social media ban for under 16s are “private, robust and effective”. That’s according to the preliminary findings of a federal government-commissioned trial that has nearly finished testing them. The findings, released today, may give the government greater confidence to forge ahead with the ban, despite a suite of expert… Read more »
Amazon Web Services (AWS) says it will invest A$20 billion to expand data centre infrastructure in Australia over the next five years. Prime minister Anthony Albanese, on his way to the G7 Summit in Canada, met with AWS CEO Matt Garman in Seattle over the weekend for the announcement. The infrastructure rollout by 2029 will… Read more »
Earlier this year, New Zealand launched a revamped investor visa scheme, the Active Investor Plus visa, designed to attract high-net-worth individuals by slashing minimum investment thresholds, removing English language requirements, and reducing time-onshore commitments to just 21 days over three years. In return, investors gain a clear and rapid path to permanent residency. The response… Read more »
A no-holds-barred and very public blow-up between the world’s richest man and the president of the United States has had social media agog in recent days, with each making serious accusations against the other. And while tech billionaire Elon Musk appears to have cooled the spat somewhat – deleting some of his more incendiary social… Read more »
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