Tag: Budget 2018

Govt backs open banking framework

Posted on   |  by James Riley
FinTechs left disappointed by a lack of further open banking announcements in Tuesday’s budget only had to wait until the next day for the big reveal. The federal government...

Budget ‘silent’ on tech agenda

Posted on   |  by James Riley
This week’s federal budget confirmed that government had rejected its own innovation agenda, while changes to the R&D scheme may force early-stage tech companies to move overseas, according to...

Robo-debt tech gets a boost

Posted on   |  by James Riley
The federal government’s controversial robo-debt data matching scheme has been further funded despite revelations the program has so far only just recovered more money than it has cost. The...

R&D Tax changes finally arrive

Posted on   |  by James Riley
Treasurer Scott Morrison has given the R&D Tax Incentive a $2.4 billion haircut and promised to crackdown on what government says has been a misuse of the scheme, strengthening...

Tepid reaction to tech spending

Posted on   |  by James Riley
As the Treasurer Scott Morrison delivered the final flourishes on his election budget speech last night, the pragmatic negativity among delegates at InnovationAus.com’s third Budget Insider event was setting...

Budget 2018: A tech round-up

Posted on   |  by James Riley
The federal government has dished out funding for supercomputers, drones, FinTech and online safety awareness campaigns as part of its federal budget. Delivered by Treasurer Scott Morrison in Canberra...

Just $26m for new space agency

Posted on   |  by Denham Sadler
The federal government will provide just $26 million over four years to establish Australia’s first national space agency, despite high-profile industry leaders saying it would need at least double...

ScoMo greenlights national missions

Posted on   |  by James Riley
The federal government is to go ahead with two $500 million, ‘groundbreaking’ national missions that were recommended by Innovation and Science Australia in its 2030 strategy. As revealed in...

Cicada’s tempting tech template

Posted on   |  by James Riley
Policy-makers trying to light a fuse under deep tech commercialisation in this country could do worse than take a stroll through Cicada Innovations in Sydney and talk to its...