Image: Jurassic World, Universal Pictures/Amblin Entertainment The Morrison government’s response to the ACCC’s concerns about the market power of Google and Facebook include $27m to the competition watchdog to boost monitoring and enforcement against the tech giants A voluntary code of practice, overseen by the ACCC, to address bargaining power imbalances between the tech companies… Read more »
The Morrison government and Big Four banks will commit $100 million each to the fund It will invest in around 30-50 high growth SMEs annually in return for a 10-40% equity stake The Business Growth Fund will have an independent management team selecting investments The government is talking to others to build the fund to… Read more »
The Australian Government is currently seeking feedback on its $18 million Female Founders Initiative, due to roll out in 2020. Industry, Science and Technology Minister Karen Andrews said the program is designed to support female business founders and consultation on it is underway until September 30. “We want to give businesses led by women the best… Read more »
After enduring eight different ministers in nine years, the startup sector was relieved when the re-elected Morrison government reappointed Karen Andrews, who’d been in charge on the portfolio for less than a year, as Minister for Industry, Science and Technology. But all sides agree there’s a lot of work do be done and no time… Read more »
The Australian government is offering researchers and businesses up to take their products global under round four of its Global Connections Fund (GCF) Bridging Grants. Minister for Industry, Science and Technology Karen Andrews said the grants are designed to strengthen international partnerships between small businesses and researchers. “Connecting small and medium enterprises with the research… Read more »
KAREN ANDREWS: Here’s why 95 CRC projects funded by the Australian government are the future of industry and innovation
Nearly three decades after its establishment, the CRC Program continues to go from strength to strength. It is a testament to the power of collaboration … of bringing industry and research together to achieve a common goal. I’m proud of the excellent track record of our CRCs in delivering tangible outcomes and developing commercial solutions… Read more »
The reappointment of Queensland MP Karen Andrews as Minister for Industry, Science and Technology has been welcomed by a startup community relieved that they don’t have to start from scratch with a new minister once again. While most attention focused on the prime ministerial revolving door, the industry and innovation portfolios were led by eight… Read more »
With the federal election on our doorstep, and both major parties appealing to voter concerns around household budgets – childcare, utility bill handouts, and income tax cuts in particular – many startups and SMEs are feeling left out of the conversation. This has prompted a lot of thought in the startup community, and has put… Read more »
R&D investment in Australia has now been in decline for a decade and sits below the OECD average Labor wants to increase the figure from the current 1.9% of GDP to 3% by 2030 Businesses collaborating with universities or CSIRO scientists will receive a 10% premium R&D tax incentive The proposal is expected to cost… Read more »
Polls are now closed. It was a massive learning experience. Here are some final thoughts – no mincing of words
At the time of writing this post, a little over 60 percent of the votes have been counted and current Lord Mayor Clover Moore has officially won a fourth term to lead the City of Sydney council.
Australian Prime Minister’s Office partners with Pollenizer to launch DataStart incubator initiative
In the six weeks since Malcolm Turnbull became Prime Minister, boosting the Australian startup ecosystem has seemingly risen to the top of the government’s agenda. Only a couple of weeks after Innovation Minister Chris Pyne sat down with StartupAUS and Wyatt Roy ran PolicyHack, the government has announced a partnership with startup incubator Pollenizer to deliver DataStart, an open data initiative to support data-driven innovation.
A lot has been said in the last 24 hours about Roy being the youngest federal member to have ever been given a frontbench role in parliament. Is it an achievement? Of course it is. However, that holds little to no significance to the startup industry.
This morning, Australia has woken up to a new Prime Minister, Malcolm Turnbull. This is a result many startups wanted. After all Tony Abbott did a fine job of making sure he was perceived as a luddite.
Last nights episode of Q and A was focused on the topic of mental health.
All was going quite smoothly until a question was asked to Bob Katter about mental health and the LGBTQI community.