IT Management > Funding

Treasurers ramp up FinTech investments

17 November, 2016 by Dylan Bushell-Embling

More than four in 10 Australian corporate treasurers have invested or are exploring opportunities to invest in FinTech, research suggests.

Most IT budgets going towards transformation

02 November, 2016 by Dylan Bushell-Embling

The majority of Australian IT budgets are now being spent on transformation and innovation rather than merely keeping the lights on, Telsyte research indicates.

Tyro to provide up to $250,000 to innovative Aussie SMEs

14 September, 2016 by Dylan Bushell-Embling

Tyro Payments will award up to ten $25,000 grants as part of a plan to crowdsource ideas for SMEs to improve efficiency in their business banking processes.

Data retention grants get cool response from ISP sector

06 September, 2016 by Dylan Bushell-Embling

The government has finally established a $128.4m grants program to co-fund the implementation of the data retention scheme, but the industry has complained of delays and underfunding.

Aussie IT market to grow 2.8% in 2016: Gartner

08 July, 2016 by Dylan Bushell-Embling

Gartner forecasts that the Australian IT market will grow 2.8% in 2016 to $83.3 billion, with software the fastest-growing category.

Aussie CIOs grappling with ageing IT infrastructure

04 July, 2016 by Dylan Bushell-Embling

The majority of Australian CIOs report being at least moderately impacted by ageing or disparate technology, and just over half report being challenged by budget restraint.

Turning Sydney into Aussie Silicon Valley

23 May, 2016 by Dylan Bushell-Embling

A new group with the backing of Australia's largest tech companies aims to improve coordination among the stakeholders working to turn Sydney into the Australian equivalent of Silicon Valley.

US investing in quantum tech at Sydney Uni

09 May, 2016

The University of Sydney has been awarded a multimillion-dollar research grant in quantum technology from a US intelligence agency.

Kogan to revive the Dick Smith brand

15 March, 2016 by Dylan Bushell-Embling

Australian online retailer Kogan has arranged to acquire Dick Smith's online business from its receivers and revive the brand as an online-only consumer electronics retailer.

Twitter lost monthly active users in Q4

11 February, 2016 by Dylan Bushell-Embling

Shares in Twitter briefly fell 13% after the company published its latest results showing that its monthly active userbase actually declined during the fourth calendar quarter.

AGL, govt invest in battery storage for solar power

11 February, 2016 by Dylan Bushell-Embling

AGL 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, 2016

A 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-Embling

Tyro 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-Embling

Bill 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, 2015

 Australia Post has announced it will invest around $20 million in emerging e-commerce businesses.

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