News & Analysis

Tesla’s global chair, Robyn Denholm, worries Australia’s grown complacent and afraid of risk

- December 5, 2019 3 MIN READ

  Robyn Denholm, the Australian businesswoman who’s now global chair of Elon Musk’s tech company Tesla, wants everyone in her homeland to embrace risk and is worried the nearly three decades of uninterrupted economic growth has made people complacent. Denholm (pictured above), who grew up in the western Sydney suburb of Milperra and rose to… Read more »

News & Analysis

CROSSROADS 2019: Australia’s startup sector is booming – and that’s great news for jobs

- December 5, 2019 6 MIN READ

The annual report into Australia’s startup ecosytem predicts 3 new unicorn tech companies in 2020 The sector created 4,500 jobs last year from $2 billion in investment While later stage investment is booming, concern about a decline in both the number and levels of investment in early stage startups is growing Founding  locally creates high… Read more »

ACS President Yohan Ramasundara
News & Analysis

ACS is putting $5 million into its own early-stage investment fund – and is seeking co-backers

- December 4, 2019 2 MIN READ

  Tech organisation ACS (previously known as the Australian Computer Society) is committing $5 million towards a new early stage tech investment fund and is now on the hunt for other investors to join the scheme. ACS President Yohan Ramasundara (pictured above) announced the fund in his closing address at the Reimagination Thought Leaders’ Summit… Read more »

Opinion

5 ways to attract top tech talent when you’re a startup without big salaries

- December 4, 2019 3 MIN READ

One of the biggest challenges for any startup is finding the right talent. In big cities, they must compete with large, well known or global organisations that are appealing to job seekers due to their competitive salaries and bonuses. This can be intimidating and present challenges in the recruitment process. However, there are distinguishable career… Read more »

News & Analysis

The ACS has produced a road map for privacy in data sharing

- December 4, 2019 2 MIN READ

Tech association ACS has produced a report on the way forward in a world of data sharing, outlining a basis for balancing the need for governments and business to share information while maintaining citizens’ privacy. The  Privacy Preserving Data Sharing Frameworks report, released at ACS’s Reimagination Thought Leaders Conference in Melbourne today, concluded Australia should… Read more »

News & Analysis

Investment firm Impact has launched a new loan scheme for startups that rewrites the rules on ROI

- December 4, 2019 2 MIN READ

Return on investment means different things to different people, especially when in terms of outcomes, and Impact Investment Group (IIG) is rewriting the rules in terms of the success of its investments. IIG is best known to the startup sector for its VC investment arm, the Giant Leap Fund, launched in 2016. It’s an impact VC… Read more »

News & Analysis

Freelancer’s Matt Barrie thinks the government’s planned cash ban is all about preparing for negative interest rates

- December 4, 2019 2 MIN READ

Freelancer boss Matt Barrie sees sinister motives behind the Morrison government’s plan to ban cash payments greater than $10,000, believing it’s part of a plan to end the cash economy altogether. In a detailed submission to the Senate Standing Committee on Economics inquiry into the proposal to ban large cash payments, Barrie says the move… Read more »

Shebah
News & Analysis

Birchal is launching a market to trade unlisted shares from crowdfunding campaigns

- December 3, 2019 2 MIN READ

Women-only ridesharing app Shebah set a record for Australian crowdfunding when it raised $3 million earlier this year.  Equity crowdfunding platform Birchal has announced plans to host a secondary market to trade unlisted crowdsource-funded (CSF) shares from next year. Birchal has pioneered equity crowdfunding in Australia, having raised more than $16 million in 26 successful… Read more »

News & Analysis

5 things you should know about tech today

- December 3, 2019 3 MIN READ

  Welcome to Tuesday. It’s now 3 weeks to Christmas. Here’s what’s happening in tech.   1.  Paul Bassat’s Square Peg backs offshore fintech Melbourne VC firm Square Peg Capital has made its first big international bet in a Singapore fintech, less than a year after raising a record AU$340 million fund with global ambitions.… Read more »