Australia’s tech news in April of 2023 touched on developments including AWS’ data center expansion in the country, space technology and satellite systems developments, the diminishing use of cash in Australia, the Quad’s broadening cyber-focused information sharing, and many more.
Hit the Australian tech news headlines below to read the articles behind each tech headline in full, online, and free of charge.
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AUKUS & critical minerals: Hedging Beijing’s pervasive statecraft
- Australia: Bill introduced to parliament proposing a licensing regime for cryptocurrency exchanges, bringing them in line with other financial service providers in the country
- Australia: MADU, helping online publishers monetise visual content by turning photos into revenue-generating items by recognising products and and creating affiliate links
- Australia: Shell to build massive battery system with storage to power 80,000 homes in Victoria for 1 hour during peak demand times, with launch slated for late 2024
- Australia: Amazon Web Services to invest $13BN in expanding cloud computing data centers in Sydney and Melbourne, with projected creation of 11000 jobs
- Australia: Spiral Blue hits world-first milestone with space-based edge computing, allowing for faster processing of large amounts of data
TeleGeography: Submarine Cable Map
- Australia: WA tech startups looking to expand into the UK market – apply to attend London Tech Week 2023 from 12-14 June as part of an organised trade mission
- Australia: An overview of Woolworths-backed Seedlab Australia, the country’s first FMCG-only business incubator
- Australia: LuminaX unveils 2023 HealthTech Accelerator cohort, with startups working on technologies including 3D printing, artificial intelligence, child development and more
“For Australia and its partners, the skill shortage is particularly evident in advanced technology sectors, including areas of priority for AUKUS Pillar 2…”
- Australia: Big4 consulting firms PwC and KPMG jump on the ChatGPT bandwagon; PwC via startup partnership, and KPMG via proprietary version of the software
- Australia: SmartSat Cooperative Research Centre announces over $1M support for new space-tech developments, with testing as payloads on Waratah Seed satellite craft
- Australia: Venture Business Summit event is set for April 17th in Sydney Startup Hub, running with the theme of ‘Scaling growth sustainably’
- Australian Securities & Investments Commission cancels Binance license for derivatives business in targeted review, seeing issues in classification of retail and wholesale clients
World Economic Forum: Global Risks Report 2023
- Australia: Gov’t begins series of cybersecurity exercises with the banking and finance sector to build response capacity and knowledge in the event of cyberattacks
- Australia: Latitude Financial received ransom demand after cyber-attack but will not pay, taking advice from gov’t and cyber experts, stating it ‘would only encourage further extortion attempts’
- 3 Australian female founders selected for Cartier Women’s Initiative, working in social impact solutions in decarbonization, health-tech and education technology
- Australia: “…cash represented just 6% of Australia’s point of sale market share in 2022. This is the lowest rate of cash usage in the Asia-Pacific region…”
- Australia: Fivecast secures $30M Series A with cybersec platform, using artificial intelligence and ML to more efficiently analyse online info
- Australia to move up critical minerals value chain with new metals processing facility planned for WA, building on existing supply of near half of world lithium supply
“More than $3.1 billion was lost to scams in 2022 — an 80% increase from 2021 — according to a report from the Australian Competition and Consumer Commission…”
- Australian Defence Force found to be using DJI drones, a company sanctioned by the US, leading to calls for government-wide policy on use of tech from suppliers deemed to be high-risk
- Australia: Cortical Labs gains $10M with biological artificial intelligence, combining lab-grown human brain cells and computer chips
- Australia: Finalists have been selected for the FinTech Australia 2023 Finnie awards – here’s an overview
Australia: “Everything that we fear about what TikTok may become already is occurring on WeChat…narratives are managed, information is managed, dissenting views are demoted or eliminated…”
- Australia: A brief intro to 3 startups that presented at Swinburne University’s 2023 Pre-Accelerator Pitch Night, working in transport-tech, finance and sustainability solutions
- ICYMI: Quad countries – US, Australia, India and Japan – to build system enabling each government’s cyber body to share information on cyber-attacks targeting critical infrastructure
What is secure? An analysis of messaging apps
- Australia: Digital Health Festival 2023 set for June 6-7 in Melbourne, featuring Startup Village section
- Australia: ‘How to build on the blockchain’ online event is set for May 2nd, looking at tools, frameworks and resources
- Australia’s CyRise Accelerator, formed by Deakin University and NTT global IT firm, announces May closure
- Australia: Ocean City Labs tech startup hub opens its doors on the Sunshine Coast, providing programs, resources and co-working spaces
- Australia: ‘Startup Year’ program gains gov’t education legislation committee approval towards offering loans to final-year undergrads, post-grads and recent graduates for university accelerator participation
CheckPoint Live Cyber Threat Map
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