Six months after trumpeting $19.8 million for an “Australian Centre for Quantum Growth” the Albanese government and science and innovation minister Ed Husic have slapped $18.5 million on the table hoping someone will take up the reins to make it happen. The $18.5 million in funding is to establish the Australian Centre for Quantum Growth… Read more »
Six months after forming government in NSW following the defeat of the Coalition after 12 years in power, Labor has been dealing with a familiar ritual when it comes to a change of ruler who looks in the money cupboard to discover it’s empty. Now, with the state budget due to be handed down by… Read more »
Australian innovation has the capacity to protect us – our environment, our digital world, our borders and our health. All of these are focuses of this year’s federal budget. But the science, technology, engineering and mathematics (STEM) sector has been sounding the alarm for years that our research system is in crisis. Reviews in progress… Read more »
Labor’s second budget in 7 months focused on cost-of-living pressures, with modest concessions for the business sector in an equally tough economic environment. The $392 million Industry Growth Program (a revamped version of the former government’s Entrepreneurs’ Program and Accelerating Commercialisation grant program, with increased funding), was the headline act. The program will support SMEs… Read more »
The Tech Council of Australia (TCA) has welcomed federal budget announcements backing skilled migration, cybersecurity and a new commercialisation fund. TCA CEO Kate Pounder said the measures by Treasurer Jim Chalmers aligned with the priorities in the Council’s pre-budget submission. “The Budget takes important steps to address the big challenges facing our country, including skills… Read more »
Treasurer Jim Chalmers has delivered his second budget with a heavy focus on cost-of-living relief for Australians who are struggling due to persistently high inflation and rising interest rates. While Chalmers says the economy should continue to create jobs and unemployment is expected to remain historically low, inflation remains the top economic concern. Chalmers says… Read more »
The 2023 federal budget has earmarked $392 million Industry Growth Program in advice and grants for startups and small businesses, to help them commercialise their ideas. The announcement by federal treasurer Jim Chalmers in the 2023 budget on Tuesday night is part of more than $500 million in funding that science and industry minister Ed Husic… Read more »
Data strategy veteran Lisa Byrne from Notitia expects to see increased investment in cyber security investment in the federal budget next Tuesday, saying the move is a ‘”no brainer” for the government. Byrne argues it’s critical for small business to be incentivised to implement cyber security systems and upskill their workforce to deal with the… Read more »
Federal treasurer Josh Frydenberg hands down his fourth and final budget before the federal election on Tuesday evening and the startup sector is hopeful that as it prepares to head to the polls, the Morrison government will address a range of issues facing tech. So what’s on the wish list? We spoke to a range… Read more »
Scottish writer Sir Walter Scott wrote: “The hour’s come and the man” and 180 years later, the phrase that launched a million memes could equally apply to the tech industry. Except in last night’s federal budget, in tech’s finest hour, it could barely be seen in treasurer Josh Frydenberg’s announcements. I’ll be blunt: when the… Read more »
Australia’s unemployment rate is predicted to hit 9.25% in the December quarter this year as the shockwaves from the Covid-19 pandemic continue to hit the national economy, Treasurer Josh Frydenberg said in updating the government’s budget figure In the Economic and Fiscal Update released today, the Treasurer said 700,000 jobs had been saved as a… Read more »
Gone are the days when economic policy was adjusted once each year by the government in the budget and fine-tuned once each month at meetings of the Reserve Bank board. The coroanvirus means we haven’t had a budget in more than a year. What the Reserve Bank has done to interest rates means its monthly… Read more »
We doubled down for five months, and I thought I’d share how we got our app live under our $5,000 budget and the lessons we learned along the way.
There are just three broad sets of figures in your budget to get your head around: your profit & loss report, balance sheet, and trial balance.
Australia’s small businesses may see some relief this financial year with Treasurer Scott Morrison announcing the extension of the $20,000 instant asset write-off in the 2018-19 Federal Budget.
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
‘Have I gone too far?’ How founders can beat their startup demons 
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