News

Treasury checks in on AI’s consumer law impact

Treasury on Tuesday opened consultation on whether Australia’s tech neutral consumer laws are fit for the purpose of regulating artificial intelligence products and services, like software, phones and streaming...

Home electrification ruled out of FMiA as pilot launches

The results of a multi-suburb household electrification pilot in the Illawarra, backed by $5.4 million in government funding on Tuesday, will inform a potential nation-wide effort as the Albanese...

‘Breakthrough’ hybrid rocket set to launch from SA

Canadian rocket maker Reaction Dynamics will test its hybrid rocket propulsion technology in South Australia next year after signing a contract with launchpad operator Southern Launch. Reaction Dynamics will...

Banking on brain capital is a smart investment

Our brains are our most precious asset, the literal font of innovation. Viewing our collective brains as an invaluable resource should be a national priority. They are the crucial...

PsiQuantum deal lashed as ‘total drongo’ move at SXSW

Australia’s $1 billion investment in a US quantum computing firm was a “total drongo” move and would have been better spent supporting local startups, according to David Cameron’s former...

SA startup lands govt grant to clean up space junk

South Australian startup Paladin Space will continue developing a reusable space debris remover in Adelaide after landing a $100,000 grant from the state government. The company will work with the...

Five health startups share in $3.25m MRFF round

Five Australian health science startups will share in $3.25 million in additional funding from the Medical Research Future Fund (MRFF) as part of stage two of a program being...

DTA delivers digital reality check after $1b in tech wrecks

Federal public servants have been urged not to underestimate the cost of digital projects or exaggerate expected benefits in new guidance that follows around $1 billion in failed tech...

MyLot makes AI planning a reality for councils

The release of ChatGPT in November 2022 opened up a world of new opportunities across nearly every sector of the economy.  The emergence of the generative artificial intelligence chatbot...

SunDrive signs MoU with Chinese PV maker for Sunshot bid

Australian solar cell innovator SunDrive has teamed with one of China’s biggest solar photovoltaic panel makers for a federal funding bid to scale up local manufacturing. The Sydney-based company...

Whistle while we wait: AI and the shock of the new

If some of the world’s most zealous tech leaders are to be believed, 2027 is going to be a pivotal moment in human history. It’s the year the world...

PsiQuantum debate gets ugly in Canberra

Australia’s $1 billion bet on a US quantum computing startup will deliver double digit returns to taxpayers, Industry minister Ed Husic has claimed while defending the deal from Opposition...