Former Prime Minister Malcolm Turnbull says Australia’s startup sector has an “exponential benefit” and “spillover effect” for the economy that other industries can’t match, and governments need to do more to support startups. Speaking to the Startup Daily show on ausbiz, the tech entrepreneur turned politician and now tech investor and Kasada board member said industry… Read more »
After announcing plans for the launch of an Australian space agency last September, the Australian Government is set to announce $50 million in funding to establish the organisation in Tuesday’s Budget.
A reshuffle of Prime Minister Malcolm Turnbull’s cabinet has seen Employment Minister, Senator Michaelia Cash named Minister for Jobs and Innovation.
The Australian Government is gearing up to introduce draft legislation that will force tech companies such as Facebook and Google to decrypt messages sent by their users for Australian law enforcement agencies.
Budget 2017 highlights focus on building regional capabilities and wait for 2030 Strategic Plan on innovation
Though innovation may not have been a big part of Morrison’s speech, there are hints buried in the budget papers that maybe something is in the pipeline.
Government strikes deal to introduce 2.5 percent tax cut to businesses turning over up to $50 million
The government on Friday struck a deal to see the Senate pass a number of the tax cuts for businesses proposed in its 2016 Budget.
Founders from TechSydney have called on Prime Minister Malcolm Turnbull to condemn President Donald Trump’s immigration restrictions.
Malcolm Turnbull has named Arthur Sinodinos the new Minister for Innovation in a reshuffle following the resignation of Health Minister Sussan Ley.
Malcolm Turnbull praised Wagga Wagga for setting a target of creating 100 startups by 2020 and Simone Eyles for her work in boosting the local startup sector.
As it gears up to open its Melbourne office, Chinese ecommerce giant Alibaba has announced the signing of an agreement with the Australian Trade and Investment Commission, Austrade, that will look to strengthen trade opportunities across Australia and China.
Former Environment Minister Greg Hunt has been appointed the new Minister for Industry, Innovation, and Science, taking over from Christopher Pyne, who has moved on to the Defence portfolio.
Turnbull announced that if re-elected he will invest a further $15 million in funding into NISA’s Incubator Support Program to drive support within the startup ecosystem.
As far as the startup landscape goes, the fintech sector has emerged as the real winner of Treasurer Scott Morrison’s 2016 Budget. A key focus has been made on supporting innovative ideas to ensure Australia is a leading destination for fintech companies and global disruptors.
Prime Minister Malcolm Turnbull has today launched the Government’s new Cyber Security Strategy, a set of 33 initiatives backed by $230 million in funding to help anticipate and respond to cyber security threats.
Today the Turnbull government has announced new legislation that will deliver tax benefits to angel investors. This new tax incentive for entrepreneurs and startups follows on from the government’s innovation and science agenda that last year proposed to change the tax laws for startups.