Tin Alley ventures
Politics

Breakthrough Victoria posts $3 million loss

- November 4, 2024 3 MIN READ

The Victorian government’s controversial $2 billion venture capital fund, Breakthrough Victoria, posted a $3 million loss in its third year of operation. The funding body, which saw several directors depart in 2024, with CEO Grant Dooley also heading to the exit after just three years, copped a $360 million haircut in the Victorian budget earlier… Read more »

Alastair Macgibbon
Cyber security

Tech giants are ‘wilfully blind towards criminality on their sites’ says Australia’s former cybersecurity boss

- November 1, 2024 3 MIN READ

Social media companies are being “contemptuous” to the Australian people and have done “nothing” to help protect their users from scams and crimes, according to former government cyber security tsar Alastair MacGibbon. MacGibbon, who after a 15-year career with the Australian Federal Police served as special adviser to the Prime Minister on Cyber Security and… Read more »

Politics

New teen accounts on Instagram are a welcome step, but real ‘peace of mind’ requires more

- September 19, 2024 4 MIN READ

As Australia and other countries debate the merits of banning kids under 14 from social media, Meta has announced a significant “reimagining” of teenagers’ experience of Instagram. These new “Teen Accounts” will be set to private by default, have the maximum content and messaging restrictions possible, pause notifications at night, and add new ways for… Read more »

baby with iphone
Politics

The Australian government is cracking down on kids using social media

- September 10, 2024 3 MIN READ

The Albanese government will introduce legislation this term to enforce a minimum age for children to access social media. Prime Minister Anthony Albanese will make the formal announcement on Tuesday. This follows a discussion at last Friday’s national cabinet meeting, at which all states and territories, as well as the Commonwealth, committed to tackling what… Read more »

Tom Cruise
Politics

The Australian government is threatening quantum founders with 10 years in jail if they export it – even stuff that doesn’t exist – without permission

- August 30, 2024 3 MIN READ

The Australian quantum sector will now face harsh criminal penalties if it shares information or technology, even accidentally, with individuals from overseas after quantum technology was brought under the export control scheme. The Department of Defence unveiled the first changes to the Defence and Strategic Goods List in three years, with quantum computers officially added.… Read more »

Abigail Bradshaw,
Cyber security

Australia’s new chief cyber spook has $10 billion to tackle a massive problem

- August 28, 2024 3 MIN READ

The selection of Abigail Bradshaw as the new head of Australia’s cyber spy agency, the Australian Signals Directorate (ASD), sends a strong message. It confirms the government’s increasing intelligence focus on domestic cybersecurity, both to disrupt foreign influence operations and to promote better protection of our national cyber systems. The ASD is so far succeeding… Read more »

Georgina Harrisson and Paul Bassat
Politics

Square Peg’s Paul Bassat launches Amplify, a citizen-based political policy lobby group

- August 27, 2024 2 MIN READ

Bunnings CEO Michael Schneider, former Tech Council CEO Kate Pounder and ex-NSW Premier Dominic Perrottet turned BHP advisor are among a new board members of a new political think tank led by Square Peg’s Paul Bassat.  Amplify is a non-partisan organisation, independent of political parties, and says it’s seeking to find the “uncommon ground” on… Read more »

5b solar panels
Climate Tech

The giant Cannon-Brookes-backed SunCable solar farm in Central Australia just got approved

- August 21, 2024 2 MIN READ

The wildly ambitious SunCable renewable energy project, which plans to build Australia biggest solar farm in the Northern Territory, has been approved by the federal government. Officially known as the SunCable Australia-Asia PowerLink (AAPowerLink), the 12,000 hectare solar farm  – that’s 3000x the MCG precinct – will be built on a pastoral station between Elliot… Read more »

Lucinda Longcroft
Global tech

‘Who, moi?’ Australian Google exec denies the tech giant dominates search at a Senate hearing

- August 20, 2024 3 MIN READ

Google has claimed it does not dominate search engine services in Australia after a judge earlier this month found the tech giant operated an illegal search monopoly in the United States. Representatives from Google responded to questions from Australian senators during a meeting of the Select Committee on Adopting Artificial Intelligence on Friday, which also… Read more »

Ed Husic and Andrew Dzurak
Politics

Labor’s updated science priorities add AI, quantum and robotics to the tech stack

- August 13, 2024 3 MIN READ

The federal government has unveiled a new science statement and accompanying priorities that include a focus on harnessing artificial intelligence for good and preparing for its impact. Minister for Industry Ed Husic released new versions of Australia’s National Science and Research Priorities, which will guide the nation’s public and private research focus and investment over… Read more »

Bill Shorten
Cyber security

A new digital ID system planned by the federal government will keep personal info in your phone’s myGov wallet

- August 13, 2024 2 MIN READ

The minister for government services, Bill Shorten, will unveil a new initiative that would allow people to have more control over the personal information they share. The scheme, called the Trust Exchange (TEx), would allow people to verify their identities and credentials based on official information already held by the federal government. The plan is… Read more »