The National Reconstruction Fund remains without an investment strategy almost two years after it was established, according to the first audit of the entity in charge of the $15 billion industry fund. The audit, which labels fund management and governance arrangements only “partly effective”, also uncovers due diligence gaps in
The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the US expansion of artificial intelligence, according to four sources familiar with the planning. Top economic rivals US and China are locked in a technological arms race and with it secure an economic
A New South Wales parliamentary inquiry will examine competition in online property settlements in the wake of a series of technical issues at incumbent eConveyancing platform PEXA. The inquiry, to be conducted by the Select Committee on Competition Reforms in Electronic Conveyancing, was approved by NSW Parliament this week following
The appointment of AirTrunk chief executive Robin Khuda and Telstra CEO Vicki Brady to the board of the Business Council of Australia flags a strengthening pivot at the BCA toward the technology sector. Announced on Friday, the appointments add significant tech industry weight to a board that had already signaled
Telco stalwart and founder of Telstra Ventures (now Titanium Ventures) Deena Shiff has been appointed independent chair of the Communications Alliance, commencing 1 July. Ms Shiff, who replaces outgoing chair Michael Lee, said her tenure at the telecommunications body “comes at a pivotal time for the organisation, and for the
From grey zone coercion to regional surveillance competition, the Indo-Pacific is now in live contest. Yet our national innovation posture is not structured to mitigate emerging risks or leverage strategic possibilities. Innovation is now a national imperative, underpinning Australia’s security and safety as much as economic prosperity. Without a stronger
Apple on Thursday changed rules and fees in its App Store in the European Union after the bloc’s antitrust regulators ordered it to remove commercial barriers to sending customers outside the store. Apple said developers will pay a 20 per cent processing fee for purchases made via the App Store,
Economic modelling that shows Australia could unlock $6 billion from quantum technology by 2045 is a “massive underestimate”, according to one of the country’s foremost experts in the field. Andrew Dzurak, the co-founder and chief executive of Sydney-based quantum startup Diraq, said the projections, released by the CSIRO in late
Net Zero Economy Authority chief David Shankey has appointed Professor Roy Green to lead the review of its Energy Industry Jobs Plan (EIJP) to meet the 12-month deadline under the Net Zero Economy Authority Act 2024. In his new role, Professor Green will be tasked to assess the effectiveness of the
The world is a funny old place. A judge in San Francisco has ruled that Anthropic’s use of a bunch of books without permission to train its AI system was legal under US copyright law. This is a big win. The company was deemed to have made ‘fair use’ of
Australia’s largest urban renewal project, Fishermans Bend, will take five years longer than first anticipated, with many medium and long-term projects deferred or delayed, the state’s auditor-general has found. The audit into the Fishermans Bend Framework, published on Thursday, reveals the five agencies overseeing the precinct are “not on track”,
Australia’s position as a global leader in property digitisation was no accident. It was the result of long-term government-industry collaboration, aligned regulation and a clear national mandate, according to PEXA Group chief technology officer Eglantine Etiemble. Speaking on InnovationAus.com’s The Commercial Disco podcast, Ms Etiemble reflected on ...
The National Reconstruction Fund remains without an investment strategy almost two years after it was established, according to the first audit of the entity in charge of the $15 billion industry fund. The audit, which labels fund management and governance arrangements only “partly effective”, also uncovers due diligence gaps in
The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the US expansion of artificial intelligence, according to four sources familiar with the planning. Top economic rivals US and China are locked in a technological arms race and with it secure an economic
A New South Wales parliamentary inquiry will examine competition in online property settlements in the wake of a series of technical issues at incumbent eConveyancing platform PEXA. The inquiry, to be conducted by the Select Committee on Competition Reforms in Electronic Conveyancing, was approved by NSW Parliament this week following
The appointment of AirTrunk chief executive Robin Khuda and Telstra CEO Vicki Brady to the board of the Business Council of Australia flags a strengthening pivot at the BCA toward the technology sector. Announced on Friday, the appointments add significant tech industry weight to a board that had already signaled
Telco stalwart and founder of Telstra Ventures (now Titanium Ventures) Deena Shiff has been appointed independent chair of the Communications Alliance, commencing 1 July. Ms Shiff, who replaces outgoing chair Michael Lee, said her tenure at the telecommunications body “comes at a pivotal time for the organisation, and for the
From grey zone coercion to regional surveillance competition, the Indo-Pacific is now in live contest. Yet our national innovation posture is not structured to mitigate emerging risks or leverage strategic possibilities. Innovation is now a national imperative, underpinning Australia’s security and safety as much as economic prosperity. Without a stronger
Apple on Thursday changed rules and fees in its App Store in the European Union after the bloc’s antitrust regulators ordered it to remove commercial barriers to sending customers outside the store. Apple said developers will pay a 20 per cent processing fee for purchases made via the App Store,
Economic modelling that shows Australia could unlock $6 billion from quantum technology by 2045 is a “massive underestimate”, according to one of the country’s foremost experts in the field. Andrew Dzurak, the co-founder and chief executive of Sydney-based quantum startup Diraq, said the projections, released by the CSIRO in late
Net Zero Economy Authority chief David Shankey has appointed Professor Roy Green to lead the review of its Energy Industry Jobs Plan (EIJP) to meet the 12-month deadline under the Net Zero Economy Authority Act 2024. In his new role, Professor Green will be tasked to assess the effectiveness of the
The world is a funny old place. A judge in San Francisco has ruled that Anthropic’s use of a bunch of books without permission to train its AI system was legal under US copyright law. This is a big win. The company was deemed to have made ‘fair use’ of
Australia’s largest urban renewal project, Fishermans Bend, will take five years longer than first anticipated, with many medium and long-term projects deferred or delayed, the state’s auditor-general has found. The audit into the Fishermans Bend Framework, published on Thursday, reveals the five agencies overseeing the precinct are “not on track”,
Australia’s position as a global leader in property digitisation was no accident. It was the result of long-term government-industry collaboration, aligned regulation and a clear national mandate, according to PEXA Group chief technology officer Eglantine Etiemble. Speaking on InnovationAus.com’s The Commercial Disco podcast, Ms Etiemble reflected on ...
