Tag: Tech Council Australia

Government bows to pressure on digital ID hosting

Posted on   |  by Justin Hendry
The federal government has bowed to pressure from the technology and banking lobbies and scrubbed rules that would prevent data from the nation’s digital identity scheme being hosted outside...

Govts urged to follow PsiQuantum bet with more local investment

Posted on   |  by Justin Hendry
Australia’s $940 million bet on PsiQuantum should be swiftly followed by more direct investments in local quantum businesses and research organisations, according to the country’s newest technology industry association....

Tech industry groups urge caution on merger reforms

Posted on   |  by Brandon How
Tech industry groups are troubled by the Albanese government’s merger reforms, warning they could lower the investment attractiveness of the local tech sector. But the view presented by the...

VCs stage late fightback against sophisticated investor changes

Posted on   |  by Justin Hendry
Early-stage venture capital firms have come out in force against proposed changes to the “sophisticated” investor thresholds, with more than 20 late submissions to a federal government review accepted...

Pushback over data localisation for digital ID scheme

Posted on   |  by Justin Hendry
Digital ID is shaping up as the next data localisation battleground, with the Tech Council of Australia arguing proposed rules requiring onshore hosting for the scheme will do nothing...

A leadership gap opens up in tech and innovation

Posted on   |  by James Riley
You don’t need to be Nostradamus to see that 2024 is shaping as a difficult and defining year for industrial policy. There are challenges everywhere you look. Actually, that’s...

Sophisticated investor overhaul: Angels sound the alarm

Posted on   |  by Justin Hendry
Angel investors and venture capital firms are warning that proposed changes that will make it harder to qualify as a “sophisticated” investor will reduce funding for early-stage startups at...

Tech Council balks at EU-style AI Act

Posted on   |  by Justin Hendry
Australia risks an exodus of artificial intelligence capability and investment if new technology-specific regulations are introduced and the country’s existing copyright regime is tightened, the Tech Council of Australia...

Tech Council: We’re gonna need a bigger room

Posted on   |  by James Riley
The Australian tech sector came to Canberra on Wednesday evening, with 34 software and hardware companies from across a broad spectrum of the economy setting up demonstration booths in...