Hypersonix Launch Systems, a Brisbane-based aerospace startup developing a hydrogen-fuelled scramjet engine capable of reaching speeds of Mach 7, has secured a $10 million equity investment from the National Reconstruction Fund. The investment — the fund’s first in the defence sector — is part of a $46 million Series A
A year ago, the Commonwealth government established a policy requiring most federal agencies to publish “AI transparency statements” on their websites by February 2025. These statements were meant to explain how agencies use artificial intelligence (AI), in what domains and with what safeguards. The stated goal was to build public
The New South Wales government has appointed Daniel Roelink to lead its newly established Office for Artificial Intelligence, after the state announced last month that it would establish a dedicated agency to oversee the safe and ethical use of AI across government. The Head of the Office for AI will
The Albanese government is weighing copyright reforms that would force tech giants like OpenAI and Google to compensate Australian creators whose work is used to train AI models. Clearer rights for creators wanting to prevent their work from being used without permission are also being considered, as well as a
Breakthrough Victoria will invest $75 million into five venture capital funds in a bid to support early-stage companies and accelerate the commercialisation of research across key sectors, including climate technology, life sciences and artificial intelligence. The funding will be split between Virescent Ventures Fund II (climate technology), SYNthesis ...
The competition watchdog is suing Microsoft for allegedly hiding cheaper subscription options to push millions of Australian customers into paying more for plans with its Copilot AI tool. The software giant has been taken to the Federal Court by the Australian Competition and Consumer Commission, which alleges it made misleading
A landmark UN cybercrime treaty, aimed at tackling offences that cost the global economy trillions of dollars annually, was signed in Vietnam’s capital Hanoi by around 60 countries over the weekend. The convention, which will take effect after it is ratified by 40 nations, is expected to streamline international cooperation
The Albanese government has not completed promised reforms to automated decision-making by federal agencies that the Robodebt royal commission said were urgently needed more than two years ago. Despite the Commission’s recommendations being accepted within months and funding allocated later in 2023, a public consultation wasn’t run until late 2024
Australia’s privacy laws should be updated urgently to protect neural data, the Australian Human Rights Commission has warned in a landmark report calling for new safeguards on the nascent technology. The commission has also recommended for a ban on using neuromarketing to manipulate political views or
Twelve companies will take part in a federal government trial testing how digital identity and open banking platforms can reduce excessive personal information sharing in rental property applications. Local proptechs and fintechs, digital identity providers and a big four bank are among the companies involved in the pilot — one
The South Australian government has appointed experienced mandarin Peter Meere as the inaugural director of the state’s newly established Office for Artificial Intelligence. Mr Meere joined the office earlier this month from the state’s Department for Education, where he was most recently leading the
The term “innovation ecosystem” has become a cornerstone of modern economic and urban policy. It is invoked by governments, universities, and industry leaders to justify everything from new infrastructure projects to research funding. Despite this ubiquity, the concept often remains frustratingly vague. Its meaning tends to shift depending on who
Hypersonix Launch Systems, a Brisbane-based aerospace startup developing a hydrogen-fuelled scramjet engine capable of reaching speeds of Mach 7, has secured a $10 million equity investment from the National Reconstruction Fund. The investment — the fund’s first in the defence sector — is part of a $46 million Series A
A year ago, the Commonwealth government established a policy requiring most federal agencies to publish “AI transparency statements” on their websites by February 2025. These statements were meant to explain how agencies use artificial intelligence (AI), in what domains and with what safeguards. The stated goal was to build public
The New South Wales government has appointed Daniel Roelink to lead its newly established Office for Artificial Intelligence, after the state announced last month that it would establish a dedicated agency to oversee the safe and ethical use of AI across government. The Head of the Office for AI will
The Albanese government is weighing copyright reforms that would force tech giants like OpenAI and Google to compensate Australian creators whose work is used to train AI models. Clearer rights for creators wanting to prevent their work from being used without permission are also being considered, as well as a
Breakthrough Victoria will invest $75 million into five venture capital funds in a bid to support early-stage companies and accelerate the commercialisation of research across key sectors, including climate technology, life sciences and artificial intelligence. The funding will be split between Virescent Ventures Fund II (climate technology), SYNthesis ...
The competition watchdog is suing Microsoft for allegedly hiding cheaper subscription options to push millions of Australian customers into paying more for plans with its Copilot AI tool. The software giant has been taken to the Federal Court by the Australian Competition and Consumer Commission, which alleges it made misleading
A landmark UN cybercrime treaty, aimed at tackling offences that cost the global economy trillions of dollars annually, was signed in Vietnam’s capital Hanoi by around 60 countries over the weekend. The convention, which will take effect after it is ratified by 40 nations, is expected to streamline international cooperation
The Albanese government has not completed promised reforms to automated decision-making by federal agencies that the Robodebt royal commission said were urgently needed more than two years ago. Despite the Commission’s recommendations being accepted within months and funding allocated later in 2023, a public consultation wasn’t run until late 2024
Australia’s privacy laws should be updated urgently to protect neural data, the Australian Human Rights Commission has warned in a landmark report calling for new safeguards on the nascent technology. The commission has also recommended for a ban on using neuromarketing to manipulate political views or
Twelve companies will take part in a federal government trial testing how digital identity and open banking platforms can reduce excessive personal information sharing in rental property applications. Local proptechs and fintechs, digital identity providers and a big four bank are among the companies involved in the pilot — one
The South Australian government has appointed experienced mandarin Peter Meere as the inaugural director of the state’s newly established Office for Artificial Intelligence. Mr Meere joined the office earlier this month from the state’s Department for Education, where he was most recently leading the
The term “innovation ecosystem” has become a cornerstone of modern economic and urban policy. It is invoked by governments, universities, and industry leaders to justify everything from new infrastructure projects to research funding. Despite this ubiquity, the concept often remains frustratingly vague. Its meaning tends to shift depending on who
