Budget 2021: What are tech leaders looking out for?
Rebecca Schot-Guppy is the chief executive officer at FinTech Australia.
Between the $1.2 billion digital economy plan, encouragement of foreign investment and changes to employee share schemes, tonight’s budget is shaping up to include a swathe of policies that will affect the Aussie startup ecosystem.
But there are still a few things that aren’t crystal clear just yet. So, here are four areas leaders in the startup sector are keeping an eye on.
Addressing the skills shortage
There has been a lot of talk around the tech skills shortage, and the difficultly startups face in securing the talent they need to grow their businesses.
Federal budget unpacks details of the government’s $124 million AI spend
Treasurer Josh Frydenberg. Source: AAP/Lukas Coch.
The federal budget has offered insight into the government’s $124 million investment into Australia’s artificial intelligence (AI) capabilities, first announced as part of the digital economy strategy last week.
Previously, it had been announced that part of the funding would be pegged to create a National AI Centre, headed up by CSIRO.
Now, we know this initiative will receive $53.8 million over four years, from 2021-22. The national centre, and four AI and Digital Capability Centres, are intended to encourage small and medium-sized businesses to adopt and use AI technologies.
iTWire Tuesday, 11 May 2021 22:33 MEGA UPDATED: Australian IT industry responds to 2021 Federal Budget Featured
MEGA UPDATED: More than FIFTY top IT companies in Australia have provided IT industry commentary on Australia’s 2021 Federal Budget, focusing on the digital economy, cyber security, business and more.
The ACS, nimbus, Max Kelsen, BlackLine, ActiveCampaign, Cohesity, Talend, Attivo Networks, Barracuda, ExtraHop, 8x8, Forbury, MaxContact, Nintex, Peak Insight, Tecala, Ping Identity, Snowflake, Zscaler, Pega, CardieX, Envestnet | Yodlee, Nexion Networks, Cyara, Tenable, Uniphore, Optus Business, Darktrace, Blackmagic Design, Tellis Data, Mimecast, Alteryx, KnowBe4, Elastic, Rackspace Technologies, Secure Code Warrior, F5, Cloudflare, Pluralsight, Smart WFH, BlackBerry, Swoop, EFEX, Rubrik, Nutanix, D2L, Intelicare, Verizon, McAfee, Congnizant, METS Ignited, Avaya, archTIS, Contino, Qlik, Commvault, The Adecco Group, Modis Australia: and the AIIA
Australia’s ageing population will see health services continue to be stretched in coming years unless greater efficiencies are embraced led by modern.
iTWire Wednesday, 28 April 2021 10:43 AIIA Skillls Hub courses now top 3,000 Featured
The Australian Information Industry Association (AIIA) has grown the number of education courses it offers through its Skils Hub to over 3,000 in partnership with education institutions.
The AIIA says courses on Skills Hub are made available by Microsoft, IBM and AWS and with long held skills shortages in Australia’s ICT sector, the Skills Hub is one measure to help improve the supply of skilled Australian workers.
“With long held skills shortages in Australia’s ICT sector, the Skills Hub is one measure to help improve the supply of skilled Australian workers as well as mapping employee skills to career pathways and relevant training courses,” the AIIA says.