AGL, govt invest in battery storage for solar power
11 February, 2016 by Dylan Bushell-EmblingAGL and the government have separately invested in Sunverge Energy's battery energy storage technology, while Australia's Redflow is preparing to launch its own battery storage product.
Data retention grants now open to industry
11 January, 2016A government grants program worth nearly $130 million is now available to telecommunications providers to meet new data retention obligations.
Tyro Payments raises $100m to pursue next growth stage
30 November, 2015 by Dylan Bushell-EmblingTyro Payments, the Australian EFTPOS provider seeking to disrupt the banks with its payment platform, has secured $100m in new investment funding.
First Aussie venture capitalist joins Innovation Australia
19 November, 2015 by Dylan Bushell-EmblingBill Ferris, regarded as the father of Australia's venture capitalist industry, has been appointed as the new chair of Innovation Australia.
Australia Post invests $20m in e-commerce
03 November, 2015Australia Post has announced it will invest around $20 million in emerging e-commerce businesses.
Australian IT spending to near $80bn in 2016
27 October, 2015 by Dylan Bushell-EmblingGartner expects Australian IT spending to grow 2.8% next year, with average IT budgets increasing by 2.9%, as a result of spending on digital business and the connected world.
ISPs unhappy at data retention funding split
26 October, 2015ISPs are concerned that government funding to compensate for the costs of implementing the Data Retention Act will be split over three years since they are already incurring costs to comply.
Sydney's White Bay to become innovation hub
23 October, 2015 by Dylan Bushell-EmblingNSW Premier Mike Baird aims to transform the decommissioned White Bay Power Station into a tech hub for innovators, start-ups, incubators and accelerators.
Atlassian said to plan $3bn IPO
28 September, 2015 by Dylan Bushell-EmblingMajor Australian IT vendor Atlassian is reportedly planning a US IPO that could value the company at over $3 billion, while integrated telcos Vocus and M2 have shaken hands on a $3bn merger.
IT departments wasting thousands on redundant tech
16 September, 2015 by Dylan Bushell-EmblingNearly half of IT decision-makers in Australia and New Zealand report that their organisation is wasting at least $10,000 per year on redundant technology, with 10% wasting over $100,000.
Westpac details tech-focused investment roadmap
07 September, 2015 by Dylan Bushell-EmblingWestpac will increase its annual investment spending by around $200m, with a special focus on technology spending, to stay abreast of the major changes taking place in the financial services industry.
Aussie businesses warming to digital B2B payments
26 August, 2015 by Dylan Bushell-EmblingAustralian businesses are coming to recognise the benefits of card and other digital payments for B2B transactions, but adoption remains limited and paper processes are still ubiquitous.
Australian government IT spend hit $5.8bn in 2014
19 May, 2015 by Dylan Bushell-EmblingAustralian government spending on ICT is set to grow from $5.8bn last year to $6.2bn in 2018, with growth driven by software, cloud and security investments.
Strong Budget for ICT after years of funding neglect
13 May, 2015 by Dylan Bushell-EmblingThe federal government's 2015 Budget includes some substantial ICT investments, including $254.7m on the Digital Transformation Agenda, $153.8m on the data retention scheme and $485.1m on the MyHealth system.
Budget a step in the right direction: IT leaders
13 May, 2015 by Dylan Bushell-EmblingExperts from Australia's technology industry believe the 2015 federal Budget will help stimulate the sector but are calling for more initiatives to improve the economy and address the growing ICT skills gap.
