Australia’s technology news headlines in November 2024
KPMG Fintech Australia Landscape 2024
- evokeAG agri-food innovation event, set for Brisbane in February 2025, is set to showcase more than 50 startups & scaleups from 10 countries / full item
- ANZ, Commonwealth Bank, Nat’l Australia Bank, Suncorp Bank, and Westpac have joined BioCatch network for fraud and scams intelligence-sharing / full item
- Australia: Deloitte expands Space Info Sharing & Analysis Centers with new Watch Center Hub in Australia to deliver real-time threat intelligence and cybersecurity / full item
- Australia: Norway’s KSAT partners WA’s Starsite to host, maintain and operate a new lunar mission-focused site in WA, featuring a 20M antenna / full item
- Australia: Airtree Ventures VC firm targets a 5th fund, Core Fund V, with $650M, securing 3 US investors as it approaches first closure / full item
- Australia’s All G biotech firm becomes the first globally to land regulator approval for sale of animal-free lactoferrin protein in China / full item
- Australia: Kapture unveils solution collecting emissions from exhaust fumes and embedding carbon in concrete, creating high-quality replacement for cement ingredients / full item
Building the Australia-Asia Tech Corridor
- Australia: Gov’t drops proposed legislation to fine social media platforms for spread of misinformation, but maintains pursuit of separate bill to keep children off social platforms / full item
- Australia: Hort Innovation R&D NFP firm and Artesian VC partner for $60M fund to back early-stage startups focusing on fruit, vegetable and nut farming solutions / full item
- Australia & NZ: ‘AI and Music’, a study on the impact of technology on Australia and New Zealand music creators / full item
- Australia: Adelaide’s OmnigenIQ adapts its bioreactor tech for use in space, enabling production of vital biologicals during missions rather tha requiring transport from Earth / full item
- Australia: Future of Blockchain Innovation Hub at RMIT may be uncertain as it has reportedly entered discussions about whether it should be shut down / full item
Indo-Pacific Insight on LinkedIn & Bluesky
Also available:
Asia’s Tech News, Weekly // Critical technologies, globally
- Australia: NSW Automation Guide has been launched by the NSW Gov’t, looking at the potential of automation for organisations and productivity, and service accessibility / full item
- Australia: ‘Dare to Venture – Startups and the innovation ecosystem in Western Australia’ is available to download, from BankWest and Curtin University / full item
- Australia: Scalare Partners early-stage tech accelerator and fund commences trading on the ASX, looking to expand Tech Ready Women initiative, and establish US office / full item
- Australia: Gov’t has introduced a bill in parliament that aims to ban social media for children under 16, with fines up to Au$49.5M for social platforms for systemic breaches / full item
Lowy Institute: Asia Power Index 2024 report findings
- Australia: Advanced Strategic Capabilities Accelerator awards over $60M in R&D contracts to 21 projects spanning quantum, defence tech, universities and the CSIRO / full item
- Australia: Privacy Commissioner rules against Bunnings Group over use of facial recognition tech deployed in 63 stores between 2018 and 2021 / full item
- Australia’s Vow cultivated meat startup gains regulatory approval in Hong Kong to debut cell-culture foie gras at the Mandarin Oriental, building on the success of cultivated quail / full item
- Australia: Nourish Ingredients partners China’s Cabio Biotech to produce and distribute precision-fermented ‘designer fat’ alternatives in China / full item
“Online shopping spend accounted for around a fifth of all retail spending in Australia in 2021… E-commerce revenue in Oceania is projected to… [grow] to US$67.10 billion by 2029.” / full item
- ‘AI & Music Market Development of AI in the Music Sector and Impact on Music Creators in Australia & NZ’ “…by 2028, 23% of music creators’ revenues will be at risk due to Gen AI…” / full item
- Australia: INNOVOCEAN event from Ocean Impact Org’n is set for November 20th in Sydney’s Australian National Maritime Museum, showcasing startups, tech and innovations / full item
- Over the last decade Singapore has received the most investment from Australia overall, representing 52% of Australia’s outgoing tech investment. / full item
- ‘Empowering Australia’s Digital Futures – Data Centres, essential digital infrastructure underpinning everyday life’ / full item
- Australia: A video intro to one of the Gold Coasts agri-focused startups, using micro-algae to convert plant waste into proteins and products for agriculture / full item
Video: The Startupbootcamp FoodTech Tasmania 2023 Demo Day, showcasing 10 early stage food-focused startups / on YouTube
- Australia: Canada’s BTQ Technologies quantum computing firm partners Macquarie University on advanced quantum algorithms and secure communications research / full item
- Australia: eLumina battery-tech startup launches $20M Gold Coast battery & EV charger pilot factory, partnering TAFE for industry-focused jobs and training / full item
- Download: ‘Building the Australia-Asia Tech Corridor – Australian Investment in Asia’s Startups’, a discussion paper from Tech Council of Australia and AsiaLink Business / full item
Gartner: 2025 Top 10 Strategic Technology Trends
- ‘Australia’s opportunity in the new AI economy’, a report from Mandala Partners and Microsoft / full item
- KPMG Nature Positive Challenge 2024 applications are open to sustainability- and environment-focused startups in Australia, Fiji and Papua New Guinea / full item
- Australia’s Gilmour Space gains launch permit from Australian Space Agency for first flight of Eris small launch vehicle from Queensland’s Bowen Orbital Spaceport / full item
- Australia’s Canva partners Philippines’ Enstack e-commerce platform, providing businesses with free-to-use design tools, in part focusing on Enstack mobile app-based store builder / full item
- Tether, issuer of USDT stablecoin, is now the 18th largest holder of US Treasury bonds at $102.5BN, surpassing economies of Germany, Australia and the UAE in Q3 2024 / full item
- Approximately 50% of the critical minerals on Australia’s Critical Minerals List are co-products or by-products of major commodities… Australia has large economically demonstrated resources. / full item
- ‘1st Australian Space Education Forum’ is set for November 25 in Perth, WA, delivered in partnership with the Australian Space Agency / full item
- Australia & NZ: A quick intro to the 7 startups graduation from the Founder Institute pre-seed accelerator, with solutions in battery recycling, AI-driven health-tech and more / full item
- Australia: Green Gravity commences studies to develop 2GWh gravitational energy storage project at disused copper mine in Northwest Queensland / full item
- Western Australia State Government Innovation Booster Grant awarded to WaveX, renewable energy business generating electricity from wave movement / full item
- Australia: A quick intro to 12 tech startups backed by Antler VC, with solutions in retail-tech, customer experience, the creator economy and more / full item
- New Zealand: Airwallex, Australian-founded financial platform, is launching ‘Airwallex for Startups’ program in NZ / full item
Indo-Pacific Insight: Critical tech, space, risk, geopolitics, supply chains…
Asia’s Tech News, Weekly thru November
- November 30th: LinkedIn and Substack
- November 23rd: LinkedIn and Substack
- November 16th: LinkedIn and Substack
- November 9th: LinkedIn and Substack
- November 2nd: LinkedIn and Substack
Indo-Pacific Studies Centre: Emerging Leaders Forum 2025
Critical technologies: November
- Germany’s Ubitium secures $3.7M seed funding for universal RISC-V processor that eliminates the need for specialized chips, enabling advanced AI at no additional cost…
- What’s in the new Building Chips in America Act and what does it mean for the semiconductor industry? From the World Economic Forum…
- ‘From carbon mapping to shooting dust into space from the Moon, how will space tech help us solve the climate crisis…?’
Read the full report:
Critical technologies, November 2024 >