Tag: Investment

Batteries now worth $17bn to the economy by 2030: FBICRC

Posted on   |  by Brandon How
The Future Battery Industries Cooperative Research Centre has more than doubled its 2030 forecast for the value of a diversified battery industry to the Australian economy to $16.9 billion,...

Push for sovereign capability may enable rent-seeking: PC

Posted on   |  by Brandon How
The Productivity Commission has cast doubt on the effectiveness of greater ‘sovereign capability’ in boosting productivity and has advocated for increased liberalisation of trade to boost innovation diffusion. A...

Atlassian’s workforce cut by five per cent

Posted on   |  by Brandon How
Atlassian will cut 500 jobs from its workforce, joining other tech giants like Microsoft, Google and IBM, although the founders claim the decision is not a ‘financially driven reduction’....

Australian businesses urged to do more on R&D

Posted on   |  by Joseph Brookes
As the research sector presses the government on its commitment to lift total research and development expenditure, businesses are being asked to come to the table with their own...

NSW Labor’s $1bn promise for a state-owned CEFC

Posted on   |  by Brandon How
NSW Labor will create a $1 billion state-owned Energy Security Corporation modelled on the federal Clean Energy Finance Corporation if it is elected next month. Announced on Sunday, the...

Victoria invests $8m in Quantum Brilliance

Posted on   |  by Brandon How
Breakthrough Victoria has invested $8 million in local startup Quantum Brilliance, marking the state government-backed venture capital fund’s second investment in the quantum sector. Led by existing investors, the...

ACS records biggest surplus in a decade

Posted on   |  by Brandon How
The Australian Computer Society recorded its biggest surplus in a decade last financial year, netting gains of more than $7 million as revenue from its professional recognition scheme hit...

Startup backers largely positive on Labor’s Budget

Posted on   |  by Brandon How
The Albanese government’s first Budget was positively received by a cross section of stakeholders in the startup community despite a lack of detail on the $15 billion National Reconstruction...