Politics

Here’s are lot of mostly nice things tech people are saying about a federal budget that delivered on promises

- October 26, 2022 8 MIN READ

Labor’s first federal budget has been widely welcomed by the tech sector, despite one analyst telling Startup Daily it was “a non-event” for tech. We called it a “socks, jocks and chocolates” budget from Labor, just five months after taking power and seven months before Treasure Jim Chalmers returns with his plans for FY24. There… Read more »

NSW Treasurer Matt Kean
Politics

NSW budget tips $703 million into ‘Future Economy Fund’ to back high-growth tech companies

- June 22, 2022 2 MIN READ

 The NSW government is establishing a new $703 million investment fund to back fast-growing local companies in the medtech, digital tech and clean economy spaces. Treasurer Matt Kean announced the Future Economy Fund in Tuesday’s state budget as “a once-in-a-generation chance” aimed at the full life cycle of innovative, high-growth business in priority sectors and… Read more »

Podcast

This week on SUDS, the Startup Daily TV podcast: Tech responds to the budget, what role do unis play in startup building, tax break boost for video games

- April 1, 2022 2 MIN READ

Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. Every Friday, co-hosts Simon Thomsen and Eliot Hastie, offer the weekly washup from Startup Daily TV. It’s… Read more »

Cyber security

The Budget’s $10 billion cybersecurity plan is all about making Australia a key ‘offensive’ cyber player

- March 31, 2022 4 MIN READ

In the 2022 federal budget, Treasurer Josh Frydenberg launched a range of vote-winning initiatives – one of which included a breathtaking A$9.9 billion for cyber security over ten years. Bundled under the acronym REDSPICE (which stands for resilience, effects, defence, space, intelligence, cyber and enablers), the program is expected to help build Australia’s intelligence and… Read more »

cyber hacking
Cyber security

Everything you need to know about the Budget when it comes to cybersecurity from an expert

- March 30, 2022 4 MIN READ

I looked for the cybersecurity line items in the budget so you don’t have to. Initial Thoughts I commented in my corresponding post when last year’s budget was released that: “This (2021) budget continues the historical trend of spending a significant amount on national security, which includes cybersecurity, but having most of the money directed towards the… Read more »

Politics

‘A grim outcome’: startup and tech sector reactions to the 2022 Budget measures

- March 30, 2022 15 MIN READ

There’s been a mixed reaction to the Morrison government’s last budget before the election. While The Tech Council of Australia welcomed the measures for small business offering additional tax deductions for employers who invest in digital skills training for their staff, while William Buck startup advisor and accountant Jack Qi gave the budget a “C-”… Read more »

raining money
Politics

The election bribes budget: cash sweeteners for voters to stick with the Coalition

- March 29, 2022 3 MIN READ

When Josh Frydenberg says his key cost-of-living budget measures are “temporary” and “targeted”, he’s precisely right, though the reasons are more opportunistic than he’d spruik publicly. He says it’s all about giving help when it’s needed while not baking in long-term spending. But actually, and equally, the measures are aimed squarely at the imminent election,… Read more »

Politics

BUDGET: Petrol excise cut by 22 cents, $420 cash splash for lower paid, $2bn for women, more parental leave

- March 29, 2022 3 MIN READ

The Morrison government’s election budget halves petrol excise for six months and gives handouts to taxpayers, pensioners and welfare recipients in a cash splash aimed at clawing back votes. Treasurer Josh Frydenberg, who unveiled the giveaway budget in Parliament House on Tuesday night, has been able to juggle big spending with a reduced deficit thanks… Read more »