Tag: Industry department

No ‘measurable impact’: Female Founders grants grounded

Posted on   |  by Joseph Brookes
The federal government’s only program for female startup founders will not continue after internal analysis determined more than $35 million in direct grants and mentoring for almost one thousand...

Auditor to probe $3.53m cost of legal advice on PsiQuantum

Posted on   |  by Justin Hendry
The national audit office will probe the rapid increase in the cost of the federal government’s main due diligence contract for its controversial investment in Californian quantum startup PsiQuantum. Auditor-General...

‘Possibly a sham’: Quantum EoI baited local market

Posted on   |  by Justin Hendry
The federal government has been accused of running a misleading quantum computing EoI that baited information from local players while commercial discussions with PsiQuantum were already well advanced. Current...

Space agency board emptied amid governance review

Posted on   |  by Justin Hendry
The board advising the Australian Space Agency has been emptied while the Industry department conducts a sweeping review of the agency’s three-pronged governance structure. The review, which could result...

National quantum advisory body not consulted on $1bn deal

Posted on   |  by Justin Hendry
The hand-picked committee of eminent science and business leaders enlisted to provide advice to the Albanese government on the national quantum strategy were not consulted on the decision to...

Compo costs racking up for botched innovation tender

Posted on   |  by Joseph Brookes
The Industry department has settled a dozen compensation claims related to the disastrous tender for its flagship innovation program and is bracing for more payouts amid allegations of corruption...