A survey of Australian game developers found the industry generated $118.5 million in the 2016-17 financial year, up from $114.9 million the previous year, with 75 percent of studios surveyed projecting future growth.
The Consumer Data Right will be rolled out sector by sector, starting in the banking, energy, and telecommunications sectors.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
The Federal Government has announced it will be conducting a review into local space industry capabilities to develop a long-term plan for the sector.
A Federal Government committee has warned that there must be more investment in quality STEM education if Australia is to turn back the “decay curve” of STEM-capable students and grow its “nascent but promising” innovation ecosystem.
AirTree Ventures has announced that Anil Sabharwal, current Vice President of Product at Google in the US, will be joining the VC firm as a venture partner.
Guardian Data Software has announced a partnership with BuddingTech that will see the organisation utilise their analytical engine and achieve new research.
To examine sentiment around the innovation agenda and the government’s role and actions a year on, ank Stream Labs has launched a survey to gauge the sector’s feelings.
University of Melbourne innovation expert, Dr Charles Day has been appointed as the CEO of Innovation and Science Australia [ISA], the government’s primary innovation body.
NSW’s Hunter region is well on its way to become one of Australia’s largest digital innovation hubs thanks to the launch of a new initiative, the Hunter Innovation Project. The project has received a total of $17.8 million in funding to help transform the hunter region into a digital innovation precinct.
The Federal Government has today opened applications for its $23 million Incubator Support program, following on from recent changes made to its structure and funding. The support program will help startups access invaluable resources, and will now provide larger grants to existing accelerators and incubators.
Just a few days after Australia fell two places down the Global Innovation Index to 19th, new Minister for Innovation Greg Hunt has discussed the creation of a new federal fund to help spur innovation in businesses worth between $20 million and $200 million.
The idea of digitising government is gaining steam, with the Federal government announcing the launch of an online Digital Marketplace to cut red tape and help businesses access the government’s $5 billion annual spend on ICT projects.