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WEBAug 2, 2015 · InnovationAus is an independent publication that reports on government policy as it affects technology-based innovation across Australia. From mining and agriculture to financial services, MedTech, cyber security and advanced manufacturing, the journalism focuses on the opportunities that align with Australia’s strategic priorities and connects government, researchers, investors ...
Review puts spotlight on First Nations data sovereignty
WEBFeb 7, 2024 · The federal government should set up a Bureau of Indigenous Data within two years and legislate it by 2028 to improve the quality of data collected about First Nations Australians, according to the Productivity Commission. In its review of the Closing the Gap agreement released on Wednesday, the think take urged the government to commit to the new body to support better policy decisions and ...
Synthetic Biology a $30bn bright spot for Australia
WEBFeb 27, 2024 · The economic windfall of synthetic biology in Australia has been upgraded to $30 billion by the national science agency and its venture fund after investment flooded into research and commercialisation efforts in the last three years.. But international collaboration remains a challenge for Australia in what is a rapidly growing global market. The CSIRO on Tuesday updated its 2021 National ...
How governments can foster trust in the age of AI
WEBApr 3, 2024 · The government’s interim response to the safe and responsible AI in Australia consultation earlier this year envisions a risk-based approach to regulating AI that would strike a constructive balance between encouraging its adoption to spur economic growth and ensuring its safety for everyone. This is welcome news for Australia. As Minister for Industry and Science Ed Husic has said, the ...
Medicare payments system upgrade on the rocks
WEBFeb 5, 2024 · A long-running upgrade of the legacy payments systems underpinning Medicare has spent the last year on life support, with the latest phase of the critical overhaul stamped a project of concern for nine consecutive months. Internal reporting shows that phase three of the Health Delivery Modernisation program, which has been underway since mid-2022, began reporting a ‘red’ status in December ...
ASCA spends $1.2m on 11 aerial drone prototypes
WEBJan 30, 2024 · The Advanced Strategic Capabilities Accelerator has signed $1.21 million worth of contracts for the delivery of prototype drones as the next stage of the innovation agency’s first innovation incubation challenge. On Tuesday, Defence Industry minister Pat Conroy announced that 11 companies – all headquartered in Australia bar one - to deliver prototype uncrewed aerial systems (UAS) for ...
AI is scaling both opportunity and risk at the ATO
WEBJul 30, 2024 · AI technologies are helping the tax office raise hundreds of millions of dollars in revenue but are also arming its adversaries with similar tools to launch cyber attacks and turbocharge scams, setting up a high stakes scenario for the agency, according to its data lead. Australian Taxation Office deputy commissioner Marek Rucinski on Tuesday shrugged off doubts about AI hype or an investment ...
Manufacturing SMEs: Chasing certainty in GenAI and cyber
WEBAug 21, 2024 · The million-dollar question about the cybersecurity and generative AI (genAI) return on investment for manufacturing SMEs' may finally flicker with an answer on the APAC horizon. “If we spend an extra million dollars on cybersecurity, are we a million dollars safer?” is the question Louise McGrath, head of industry development and policy at Australian Industry (Ai) Group, often hears as ...
Canva buys local GenAI startup Leonardo.AI - InnovationAus.com
WEBJul 30, 2024 · Leonardo.AI, the Australian developer of a rapidly growing generative AI art platform, will be acquired by graphic design giant Canva for an undisclosed sum. Although only launched in December 2022, the company raised $47 million in a funding round led by Sydney-based Blackbird Ventures at the end of 2023. The platform boasts more than 19 million users and launched its first foundational model ...
PsiQuantum offers path back from lost Intel deal: Husic
WEBAug 22, 2024 · Australia missed out on bringing Intel to Australia in the 1990s, but it now has an opportunity to secure access to a frontier technology through PsiQuantum, according to Industry minister Ed Husic. Mr Husic invoked the long-lost deal with the American chip giant while defending the government controversial $470 million quantum investment during debate on the Future Made in Australia Bill in ...