Google Australia’s managing director, Mel Silva, has told a Senate hearing into plans to force the global tech giant, as well as Facebook, to pay media companies for news, that it will turn off Google searches in Australia if the government passes the laws. Treasurer Josh Frydenberg tabled what’s known as the news media bargaining… Read more »
FinTech Australia managing director Rebecca Schot-Guppy appeared before the Senate Select Committee on Financial Technology and Regulatory Technology last week. The committee is investigating the potential and opportunities in FinTech and RegTech for Australian business and consumers and initiatives to promote startups in the sectors. The committee is due to hand down its final report in… Read more »
A survey of Australian game developers found the industry generated $118.5 million in the 2016-17 financial year, up from $114.9 million the previous year, with 75 percent of studios surveyed projecting future growth.
Australia’s game development industry has massive potential for growth as an export industry, according to an independent survey by IGEA and GDAA.
Today the Senate has passed a new tax incentives for early stage investors and a scheme to improve access to capital for VCs. These two initiatives are designed to make investment for Australian startups more attractive and were measures first announced in December last year as part of the Government’s National Innovation and Science Agenda (NISA).
The Australian Senate last night passed anti-piracy website blocking legislation, with streaming and torrenting sites like The Pirate Bay its main targets.