Reserve Bank of Australia governor Philip Lowe thinks bitcoin is mostly attractive to criminals and speculators but has acknowledged there could one day be an electronic Aussie dollar based on similar technology.
Curtin University’s West Tech Fest attracted tech innovators, investors and entrepreneurs from across the country to Perth last week, including Adelaide-based visitor management system Sine, which won the West Tech Startup Challenge.
The Australian maker of a sonar-based shark detection system, which was recently adopted for trial in southern California, has dropped its toothy name as it chases bigger fish.
The ASX is set to adopt blockchain-based technology for its clearing and settlement process, after announcing today that it would replace the current Clearing House Electronic Subregister System.
Perth-based security services provider Threat Protect has expanded its customer base on the east coast with the $2.4 million purchase of two NSW security monitoring businesses.
Global regulatory technology play Kyckr has appointed Tesco Bank CEO Benny Higgins to replace HBF CEO John Van Der Wielen as chairman next year as the group revamps its board.
SPECIAL REPORT: Navitas boss Rod Jones talked to Business News about the next chapter for the $1.8 billion education provider he founded, and his hopes for the technology ventures he’s backing.
Three Western Australian projects with a focus on clean energy technology, including an artificial reef in Exmouth, will share in $4.8 million funding announced by National Energy Resources Australia today.
IT services provider Empired has flagged modest results for the first half of the financial year due to a drop in public sector revenue in New Zealand.
RAC has announced that it will partner with French autonomous vehicle manufacturer Navya and the state government to trial driverless vehicles on Perth streets next year.
Edith Cowan University is the first beneficiary of the state government’s much-touted innovation strategy, with $800,000 earmarked for a cyber security hub at Joondalup.
Medicinal cannabis company Creso Pharma will raise $17.5 million through a strongly supported share placement, while also announcing a partnership with Swiss chocolate firm Aeschbach Chocolatier to develop marijuana flavoured chocolates.
Telstra shares have sunk after NBN Co said it would temporarily suspend the National Broadband Network rollout to work on improving the quality of the service.
Australian businesses are underprepared for serious data breaches due to a lack of investment and awareness of cyber security, Ernst and Young’s latest global information security survey has found.
Tech and science leaders say achieving a greater diversity of thought in their fields requires entry and senior roles be made more accessible to women.
Perth company Quantify Technology Holdings has received firm commitments for a $5 million capital raising that will support increased development of the company’s technology.
The husband and a son of renowned burns surgeon Fiona Wood, Tony and Tom Kierath, are seeking to crowdfund $100,000 by mid-December to bring their swallowable weight-loss device, IG Balloon, to market.
Recently listed tech company Servtech Global Holdings has announced a capital raising of up to $1 million, through a convertible loan facility, and a board revamp as the company seeks to overcome sluggish revenue growth.
The Real Estate Institute of Western Australia has signed a five-year partnership agreement with online advertising portal HumblAbode, strengthening its reach in the local market.
Fastbrick Robotics has raised $35 million through a share placement as the Perth-based technology company continues to develop its commercial prototype Hadrian X bricklaying robots.
Curtin University, Murdoch University, Power Ledger and LandCorp are behind an $8 million project that will use blockchain technology to manage water and energy systems in the City of Fremantle.
Local tech startup Boundlss has ambitious plans to take its artificial intelligence health app to insurers across the globe, and is seeking to raise $4 million by February to help it achieve its goal.
Western Australian game developers received a major shot in the arm last month, with two locally made games awarded at Melbourne International Games Week.
A $2.2 million expansion of the Murchison Widefield Array radio telescope has been completed, doubling the number of antenna stations at the facility, as design work on the planned Square Kilometre Array continues.
Fastbrick Robotics has announced it will build a second of its commercial prototype Hadrian X bricklaying robots in an effort to improve testing procedures.
US-focused Alexium International Group has announced the appointment of two Australian non-executive directors, Claire Poll and Susan Thomas, while chairman Gavin Rezos will be retiring as of May 2018.
Six projects designed to make Perth a smarter city were launched yesterday, and they comprise a very eclectic collection, from a driverless electric bus in South Perth to management of wetlands in Joondalup.
Technology that recently arrived in Perth from New Zealand could improve rehabilitation outcomes for multiple sclerosis and stroke patients, offering the potential to speed-up recovery while reducing the need to travel for treatment.
