Private investment in South Australian tech companies has fallen off a cliff in the current financial year, according to a state budget that was largely quiet on tech-related initiatives.
South Australian Treasurer Stephen Mulligan handed down the state budget on Thursday, featuring a flagship $610 million skills investment that will include a focus on training for future skills needs in ICT.
But the budget papers reveal that the state government has missed a number of targets when it comes to tech and startup initiatives.
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