Displaying items by tag: StartupAUS

Two-fifths of the respondents to a survey about the encryption law passed by the Coalition Government last year say they have lost sales or other commercial opportunities as a result of the law being in place.

A report on start-ups has ranked Sydney 23rd among the best start-up ecosystems globally, a fall of six places from the city's 2017 ranking.

A renewed focus on research and development was the only bright spot in the Budget reply speech made by Opposition Leader Bill Shorten on Thursday, the head of Australia's national start-up advocacy group says.

The head of Australia's national start-up advocacy group has described Tuesday's Federal Budget as a "missed opportunity" to provide strategic vision on the role that technology will play in Australia's economy.

The Australian Labor Party has pledged to hold an inquiry that looks into the economic impacts of the Federal Government's encryption law after the Parliamentary Joint Committee on Intelligence and Security completes its ongoing review and submits a report on 3 April.

A number of Australian technology companies, led by the charity StartupAUS, have called on the Federal Government to make four changes in the encryption law that was passed last year.

Australia’s peak national start-up group, StartupAUS, has lauded the federal government’s proposed introduction of a new visa scheme designed to help start-ups and business attract highly skilled global talent.

Australia’s start-ups have had a record year in the 2017 financial year, with the industry raising a record $1.32 billion in venture capital and predicted to have the potential to contribute as much as $170 million to the economy by 2020.

The NSW Government-funded Sydney Startup Hub will see the relocation of the top Stone & Chalk fintech hub by November 2017, with other startup bodies welcoming the news.

The Turnbull Government has updated the occupations lists — including for chief information officers and chief executive — for a range of temporary and permanent skilled visas, but StartupAUS says there is still significant work to be done in bringing the skills list into line with the current needs of young tech companies in Australia.

StartupAUS, Australia's peak advocacy group for start-ups, says start-ups have “dropped off the radar” in the budget and the government has a lot to do to deliver on commitments to make Australia one of the best countries in the world for innovators.

The new federal Industry Minister Arthur Sinodinos has responsibility for innovation and science after being appointed to the portfolio by Prime Minister Malcolm Turnbull in a reshuffle of his ministry.

An improvement in conditions for entrepreneurship in Australia could add up to $170 billion to the economy, but “significant barriers” still remain to Australia having a truly world class start-up ecosystem, according to startup advocacy group StartupAUS.

An alliance of start-up organisations is pressuring the federal government to introduce enhancement to the R&D Tax Incentive scheme to facilitate greater investment in innovative, high-growth businesses.

The Australian Government has called for consultation on the review of Research and Development (R&D) incentives. Submissions close 28 October.

Millions of jobs could be at risk over the next 10 years if Australia fails to create a “workforce for the future”, according to a newly released discussion paper suggesting that few jobs will be protected from the encroachment of automation in the workforce. However, start-ups and tech companies are expected to generate forward-looking jobs based on emerging technologies.

The federal government has promised a miserly $15 million to give a shot in the arm to the startup sector as part of its election pitch, but not-for-profit startup body StartupAUS is clearly unimpressed. StartupAUS CEO Alex McCauley has called on both the major political parties to allocate more funding to the sector.

StartupAUS has been commissioned by the Federal Department of Industry, Innovation and Science to conduct a series of research projects to explore areas of key interest in technology entrepreneurship.

Warmly welcoming the Australian Federal Senate’s passing of the government’s ‘world-leading early-state startup investment tax incentive measures’ as a ‘rare feat,’ StartupAUS is very pleased.

The Budget has drawn a mixed and not overly enthusiastic reaction from Australia’s tech startups. While many welcome small business tax cuts and ongoing support for the fintech sector, others are disappointed that some of the initiatives announced by Treasurer Scott Morrison don’t go far enough.