• +61 2 9492 1000
  • launch@launchgroup.com.au

2016

launchgroup.com.au > Blog > 2016
18 May

Blue Knot Foundation reignites push for a National Redress Scheme before the close of the Child Abuse Royal Commission

by launch-admin May 18, 2016 0 News

·       Justice Peter McClellan AM announces that registrations for private sessions will close on 30 September 2016

Australia, 29 April 2016 – With the Royal Commission into Institutional Responses to Child Sexual Abuse announcing that registrations for private sessions will close on 30 September 2016, Blue Knot Foundation (formerly Adults Surviving Child Abuse (ASCA)) has reignited calls for government to commit to a National Redress Scheme ahead of the Federal Election.

Blue Knot Foundation, the leading national organisation working with adult survivors of all forms of childhood trauma, including child sexual abuse, supports the key recommendation of the Royal Commission’s September 2015 Redress Report. It states the optimal way to deliver equal, fair and just treatment to survivors is to establish a single National Redress Scheme.

President of Blue Knot Foundation, Dr Cathy Kezelman AM, said: “As the Royal Commission begins notifying survivors of the limits around registrations for private sessions, it is imperative that the appropriate support services are in place; services to which survivors can speak, be heard, and assisted on the road to recovery.

“Redress is about delivering justice – through compensation, a direct personal response from institutions (when desired), and accessible and equitable counselling and psychological care provided by experienced trauma-informed health professionals.

“A single National Redress Scheme would achieve significant efficiencies in administration, and, for survivors be more user-friendly and deliver consistent and fair access to appropriate treatment. This is an urgent call to the Government to expedite the right scheme right now so there is no wrong door to the right help.

“We need action to reassure those who bravely told their story, whether in public hearings or private sessions, that their courage will be a catalyst for systemic changes to optimise the safety of our children in institutions in the future,” Dr Kezelman said.

Ahead of the previous Federal Election, the Labor Government committed to establishing a national redress scheme, with $33 million announced towards a national redress agency and advisory council.

Dr Kezelman continued: “Survivors have put a lot of trust in the Commission and in its processes and that trust has been rewarded. Survivors also look to our elected leaders for it is the government of the day which reviews the Commission’s reports and decides the recommendations it implements and the timeframe.

“It has been incredibly disappointing that the Coalition has chosen a ‘national approach’ to redress a commitment, falling well short of that of a national redress scheme. Blue Knot Foundation and its fellow survivor-focussed organisations strongly fear that a disparate scheme with national principles will not provide the fair and equitable response survivors need and deserve,” she said.

The reality is that many survivors have waited decades to be heard and for appropriate redress. The gradual winding down of the Commission, flagged by Justice McClellan today, marks a historic moment at which the baton of care and responsibility must now be fully taken up by Government.

Help and support is available from the Blue Knot Helpline on 1300 657 380, 9.00am – 5.00pm Monday – Sunday, or visit the Blue Knot Foundation website: www.blueknot.org.au

– Ends –

Media Contact

Louise Proctor E: louise@launchgroup.com.au | M: + 61 452 574 244| T: +61 2 9492 1003

About Blue Knot Foundation

Blue Knot Foundation (formerly Adults Surviving Child Abuse) is the leading national organisation supporting the estimated five million Australian adults who are survivors of childhood trauma, including abuse, their families and communities. Blue Knot Foundation provides hope, optimism and pathways to recovery for those affected.

At the forefront of pioneering trauma-informed policy, practice, training and research, the organisation has been instrumental in supporting the work of the Royal Commission into Institutional Responses to Child Sexual Abuse and people engaging with it. This includes the training of key workers and practitioners.

In 2012 Blue Knot Foundation released Practice Guidelines for Treatment of Complex Trauma and Trauma Informed Care and Service Delivery, a global first in setting the standards for clinical and organisational practice. In 2015 the organisation released an Economic Report, The Cost of Unresolved Childhood Trauma and Abuse in Adults in Australia, leading the conversation around the economic imperative of providing the right services for adult survivors.

Formed in 1995, Blue Knot Foundation provides a range of services including specialist short-term phone counselling, support, information, and referral pathways extensive resources including fact sheets and videos, educational workshops for survivors and family members, partners and loved ones, and professional development training, supervision, consultancy for personnel and professionals from diverse services and sectors, including community, health, legal and justice sectors.


18 May

Budget confirms funding for digital future

by launch-admin May 18, 2016 0 News

Sydney, May 4, 2016: The Federal Budget has delivered good news for jobs and skills in the digital sector, with the ACS – the professional association for Australia’s ICT sector – welcoming the Government’s commitment to the National Innovation and Science Agenda (NISA), along with improved Fintech regulation, confirmed funding for Cybersecurity and support for SMEs.

 

“The announcement of the NISA in December 2015 was a pivotal moment for Australia’s digital future, and seeing the funding confirmed in last night’s budget delivers certainty and ensures these initiatives will help build a strong platform for Australia’s future” said ACS President Anthony Wong.

 

“We are also pleased to see a sensible approach to fintech regulation mentioned in the budget. The idea of having a regulatory sandbox will help encourage innovation and experimentation from new businesses, and recognises that disruption is driving the fintech space.” Mr Wong continued.

 

“The confirmation of funding for the Government’s recently announced Cybersecurity strategy is welcome, and in particular the strong focus on developing the critical IT skills needed in this sector.  Cybersecurity is both a threat and opportunity in the digital economy and the ACS is pleased to see the high priority the Government is placing on this issue.”

 

Mr Wong also welcomed the modification to tax arrangements for SMEs and startups, many of which operate in the technology sector.

 

“With the growth of innovation and entrepreneurism we are seeing many more small businesses entering the market, the changes announced in the budget will no doubt be welcomed by many. It is important that we create an environment that encourages innovation and this reform is a part of that. The announcement this morning that the Senate has supported reforms to tax arrangements for early stage investors and venture capitalists demonstrates that the Parliament understand the importance of innovative businesses.”

 

“Additionally, delaying higher education reforms while further consultation is undertaken is welcome and should help ensure Australia moves to a sustainable, high quality tertiary sector which helps address the shortage of students studying technology degrees.”

 

Mr Wong also outlined the importance of developing digital skills for Australia’s existing workforce.

 

“There is an enormous opportunity for the Government to harness the potential of the existing workforce to become the digital workforce of the future. Our research (Australia’s Digital Pulse 2016) indicates that today’s employers are increasingly requiring skills in technology, and we urge the Government to collaborate with organisations such as the ACS, employers, industry and the academic sector to realise this opportunity”

 

“The announcements made surrounding the NISA are an excellent start, and with innovation supported by both sides of the Parliament this is a real opportunity to build a strong foundation for the digital economy.”

 

Further information

Thomas Shanahan, Australian Computer Society, 0449 902 130

Thomas.shanahan@acs.org.au

 

About the ACS

The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 


18 May

ACS REPORT REVEALS SKILLS-MIX ESSENTIAL IN ICT EMPLOYMENT IN VICTORIA

by launch-admin May 18, 2016 0 News

New local data shows strong ICT employment growth rate forecast for Victoria; Cyber Security sector ripe for future growth and development

 

Melbourne, 17 May 2016: The ACS – the professional association for Australia’s ICT sector – in partnership with Deloitte Access Economics, today launched new local data highlighting ICT skills development as an essential component of growth for new jobs in the State, particularly in the field of cyber security.

 

ICT employment between now and 2020 is forecast to grow by 2.7% each year in Victoria, continuing the strong ICT growth and demand the State has seen in the previous years. The forecasts are outlined in the ACS’ March report, Australia’s Digital Pulse, which also suggests Australia’s digital economy will grow to $139 billion or 7% of GDP by 2020, and features new data from LinkedIn highlighting a major skills shift is underway in our economy.

 

The ACS Victoria Branch also unveiled its Cyber Security Position Paper at the launch, ahead of the Federal Election on July 2. The Paper calls for additional government and industry investment to position Melbourne as the global hub of significant cyber security expertise – creating jobs, new businesses and value in the local and national economy.

 

Supporting this, the Digital Pulse report for 2016 shows the growing demand for cyber security professionals Australia has not yet realised. LinkedIn statistics included in the report used real-time data about labour market pressures and developments to highlight that cyber security is a big IT need for Australia’s workforce.

 

ACS Victoria Branch Chair, Craig Horne, said: “Given the importance of cyber security to businesses and organisations, it is vital that companies engaging cyber security professionals and companies can have confidence that their skills, services and products will be effective and relevant to the fast evolving cyber security threat.

 

“The wider ICT industry underpins innovation and competitiveness across Victoria’s economy and accounts for approximately 31 per cent of Australia’s ICT workforce[1]. It’s important that ICT workers in our State have a skills mix that includes both technical and “soft” skills in order to fuel our economy. The strong demand for ICT professionals who have more generalist skills opens up huge opportunities for the wider workforce in the region,” he said.

 

ACS’ Australia’s Digital Pulse findings for Victoria show:

·       Projected demand for ICT professionals is 2.7% annually, which is well above the national average of 2%. This indicates a strong position of Victoria and its capabilities in the digital economy.

·       The largest growth area is projected to be ICT technical and professional (3.5% annually), followed by ICT sales (2.9% annually) and ICT management and operations (2.5% annually).

·       By State, Victoria reported the highest number of ICT workers in a number of industries including manufacturing, transport, postal and warehousing, and education and training.

ACS’ Australia’s Digital Pulse national findings show:

·       ICT workforce to grow 2% annually from 628,000 in 2015 to 695,000 in 2020

·       Six out of the top 10 skills now sought after for ICT specialists are non-technical skills such as project management, sales and customer service skills.

·       2.5 million Australians in non-ICT roles have reported digital literacy skills are an increasingly important part in their job

·       The report highlights strong growth in Australia’s digital economy to $139 billion by 2020, an increase of 75% since 2014

 

Australia’s Digital Pulse is a comprehensive analysis of the ICT sector and the digital economy. For more information visit: http://bit.ly/digitalpulse2016

 

The ACS and Deloitte Access Economics are hosting an evening event on 17 May 2016, at Pavilion, RACV Club, 501 Bourke Street, Melbourne. Media are invited to attend.

 

-ENDS-

 

Further information

Louise Proctor, Launch Group, 0452 574 244 louise@launchgroup.com.au

Thomas Shanahan, ACS, 0449 902 130 Thomas.shanahan@acs.org.au

 

About the ACS

The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 


18 May

StartupAUS hails startup investment incentives a ‘rare feat’ for government and a ‘triumph’ for startups

by launch-admin May 18, 2016 0 News

Australia, 03 May 2016: StartupAUS, Australia’s peak advocacy group for startups, today warmly welcomed the Senate passing the government’s world-leading early-stage startup investment tax incentive measures.

 

CEO of StartupAUS Alex McCauley, said:

Last night was a quiet night for startups, but there has been some fantastic work going on behind the scenes over the last few months to finalise tax incentives for startup investments. Today the legislation enacting those incentives passed the Senate, with bipartisan support, and became law.

 

This is a huge win for Aussie startups – it will rapidly increase the amount of capital available to them, and the sources of capital they can call on. It’s also a huge win for anyone interested in investing in startups – they now have the world’s most generous incentive to explore the investment opportunities available in this exciting space.

 

“There has been a Herculean effort by government at all levels to get this legislation right, and to get it across the line as soon as possible. There was a real risk that if it wasn’t ready in time, this measure would be lost in the chaos of an early election. Thanks to lots of hard work, and the support of the opposition, that hasn’t happened – startups will see the effect of this from 1 July.

 

“The fact that the government has kept working hard on this through the turmoil of an early budget and an early election is gratifying. This reaffirms the centrality of startups to the Turnbull government’s national economic agenda.

 

“This scheme is a game-changer for startups. In the UK, where they have a similar scheme, research by Deloitte suggests the number of angel investors increased by 58% within a very short time after the scheme was introduced. If we see those kinds of numbers, Australian entrepreneurs will enjoy substantial improvements to their ability to access early-stage capital and investor talent.

 

“We commend the Government for getting this important piece of legislation moving well in advance of the budget. We should celebrate it as a triumph for the sector, and look to build on this success and momentum in the upcoming election campaign. Both parties have great ideas in this space. We’re looking forward to working closely with them to help refine them into policies to help make Australia a wold-leader in startups and innovation.

 

 

StartupAUS has been actively promoting adoption of early-stage tax incentives for startup investors for some time. The StartupAUS Board met Christopher Pyne in October 2015, listing an incentive scheme such as this as their number one priority for the sector. StartupAUS has also worked closely with Treasury and the government since the policy was announced in December to help get the scheme right.

 

Current StartupAUS board members are: Peter Bradd (Chair), Alan Noble, Bill Bartee, Glenn Smith, Andrew Larson, Wayne Gerard, and Teresa Engelhard.

-ENDS-

Media:

 

Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS

 

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills.http://www.startupaus.org

 

StartupAUS will expand its efforts to bring financial partners on-board to help corporates have a bigger voice in the emerging innovation conversation and assist StartupAUS in increasing its resources and activities ahead of this year’s election, as both sides of politics vie for innovation traction. The organisation’s current organisation-level corporate partners include Salesforce and Google Australia. It is doing project-based work with KPMG, Commonwealth Bank, Twitter, and the QLD Government. It also has a growing list of philanthropic benefactors including successful tech entrepreneur, Steve Baxter, Co-Chairman of CHAMP’s Board of Directors and Investment Committee, Bill Ferris, and Director and Co-Founder of Allen & Buckeridge, Roger Allen.

 

For more information visit: www.startupaus.org


18 May

StartupAUS’ tax recommendations introduced to Parliament; huge win for Australian startups

by launch-admin May 18, 2016 0 News

Australia, March 17 2016: StartupAUS, Australia’s peak advocacy group for startups, welcomed the Federal Government’s early-stage investor tax incentives introduced to Parliament this week, saying the measures were arguably the most generous startup investor scheme in the world.

 

StartupAUS has long been an advocate for the measures, which include up front tax incentives and CGT exemptions for early-stage investors. The incentives are aimed at encouraging further investment in early-stage startup ventures and are expected to have an immediate, positive impact.

 

CEO of StartupAUS, Alex McCauley, said: “This is a huge win for startups in Australia. We’ve been working towards this for a long time, based on the needs of startups around the country to access early stage capital – and now we have one of the most generous tax incentives in the world. The new tax incentives will allow innovative, high-growth Australian companies to grow and scale locally and the flow­-on effects of this will be substantial.

 

“This incentive does it all – up front income tax offsets will encourage investment, and CGT exemption will keep investors motivated to help entrepreneurs succeed. The UK has had a similar scheme for some years, and it has been a huge success. This has been our number one priority for some time – it could be a real game changer for Australia’s startup sector.

 

“The increased funding flowing from these incentives will attract more entrepreneurial talent, both local and international. Faster growing companies will lead to speedy, large­ scale job creation and economic growth. We will also likely see an increase and diversification in seed investment, ultimately leading to a more experienced, sophisticated pool of Australian angel investors, which will in turn lead to a proliferation of experienced mentors for startups,” Mr McCauley said.

 

StartupAUS has been a key driver in the development of early-stage investor tax incentives. A scheme such as this was listed as an action item in StartupAUS’s April 2015 Crossroads report.

 

StartupAUS board of directors presented their recommendations to The Hon. Christopher Pyne MP, Minister for Industry, Innovation and Science, in a special board meeting in Adelaide on Friday 9 October. At the top of the list was a tax incentive for early stage startup investors. Since then the organisation has been working closely to help government implement the measures.

 

-ENDS-

 

Media: Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS: StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org


18 May

StartupAUS to deliver new insights into entrepreneurial ecosystem

by launch-admin May 18, 2016 0 News

Australia, 18 May 2016: StartupAUS, a not for profit organisation with a mission to transform Australia through technology entrepreneurship, today announced that it had been commissioned by the Federal Department of Industry, Innovation and Science to conduct a series of research projects to explore areas of key interest in the sector. 

 

As part of the project, StartupAUS is in the process of producing a report on cultural drivers for entrepreneurship in Australia. This report is expected to be released in mid-October 2016. StartupAUS intends to work with corporate and research partners to deliver this report.

 

Alex McCauley, Chief Executive Officer of StartupAUS, said it was a very positive sign that policy makers around the country were seeking to commission this sort of credible, independent research from the industry to inform their approach in this important area. 

 

“StartupAUS is in productive discussions with a range of partners including corporates and academic institutions with an interest in technology entrepreneurship. These research partnerships allow us to build credible, independent research which more closely examines key areas of Australia’s innovation ecosystem. This will ultimately help build on Australia’s strengths and maximise economic opportunities for the startup sector,” Mr McCauley said. 

 

StartupAUS is already working with partners to produce leading research of this kind. A report into agricultural technology and its significance for the Australian economy is currently being produced in partnership with KPMG, the Queensland Government, and the Commonwealth Bank. Later in the year, StartupAUS will release its third annual Crossroads Report – the most detailed review of the Australian startup ecosystem ever undertaken – which includes a comprehensive analysis of the environment that affects startups both in Australia and overseas, as well as key recommendations to help our nation get to where we need to be. 

 

“The Crossroads Report is a particularly exciting project this year – we’re putting together a cohort of the most innovative companies in Australia to help us produce a document of national importance and international quality. It’s fantastic to see so much interest in supporting this vital research – we’re now partnering with corporates, universities, startups, and governments at all levels,’ Mr McCauley said.

 

StartupAUS will also shortly release a report on the future of work in Australia, titled ‘Economy in Transition: Startups, innovation, and a workforce for the future’ with partners including Expert360, CodeCamp, and LinkedIn.

 

Minister for Industry, Innovation and Science Christopher Pyne and Assistant Minister for Innovation Wyatt Roy said that the research would help to ensure that future policy decisions effectively supported entrepreneurship.

 

ENDS

 

StartupAUS media contact: 

Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

Minister Pyne’s media contacts: 

 

Rory Grant: 0439 764 809, pynemedia@industry.gov.au

Eleisa Hancock: 0427 981 990, pynemedia@industry.gov.au

Department media: media@industry.gov.au

 

About StartupAUS

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. 

StartupAUS will expand its efforts to bring financial partners on-board to help corporates have a bigger voice in the emerging innovation conversation and assist StartupAUS in increasing its resources and activities ahead of this year’s election, as both sides of politics vie for innovative traction. The organisation’s current corporate partners include Salesforce and Google Australia. It also has a growing list of philanthropic benefactors including successful tech entrepreneur, Steve Baxter, Co-Chairman of CHAMP’s Board of Directors and Investment Committee, Bill Ferris, and Director and Co-Founder of Allen & Buckeridge, Roger Allen.

For more information visit: www.startupaus.org


3 May

Media Release: StartupAUS, says Budget a ‘missed opportunity’ to advance startup agenda

by launch-admin May 3, 2016 0 News

MEDIA RELEASE

 

StartupAUS says 2016 Federal Budget a ‘missed opportunity’ to advance startup agenda

 

Australia, 03 May 2016: StartupAUS, Australia’s peak advocacy group for startups, today welcomed support for Fintech and expansion of the New Enterprise Investment Scheme (NEIS) in the Federal Government’s 2016 budget, but said overall this budget was a disappointment for startups with few advances on previous measures.

 

CEO of StartupAUS Alex McCauley, said: This is an election year budget, and the first real opportunity for Malcolm Turnbull to outline his vision for the country’s economic future. This budget was a chance for the Government to make good on its rhetoric about continuing to build momentum on innovation and Australia’s economic transition. But, from that perspective, it is a disappointment.

 

“We welcome the limited support for Fintech in this budget, as well as the extension of the NEIS. Support for young people exploring entrepreneurship is important. But these are small, niche measures in an area that still requires bold, substantial action.

 

“The Treasurer tonight said that ‘harnessing the power of innovation and entrepreneurship, to create our own ideas boom, lies at the heart of our plan to support jobs and create growth’. But there is little in this budget to advance the government’s support for innovation and entrepreneurship. Almost all the measures relevant to startups that the Treasurer alluded to in his budget speech had already been announced, six months ago, as part of the National Innovation and Science Agenda. None of those measures have come into effect yet, although some have made encouraging progress recently.

 

“The government is making much of its support for Australia’s transition to a ‘new economy’. But ‘new economy’ spending in this budget has taken the form of billions of dollars spent on old economy industries, like ship-building and traditional rail. R&D spending doesn’t feature prominently. This is a disappointing and outdated approach. Australia needs to substantially boost its R&D spending if it wants to measure up to its international competitors – we are well outside the top 10 countries globally both in terms of absolute R&D expenditure, and as a percentage of GPD.

 

“The reality is that there is more new money in this budget to help mining companies prospect for resources ($100m) than to help create a supportive environment for our best entrepreneurs to build a high-growth technology company in Australia.

 

“It’s hard to see Australia as genuinely committed to transitioning to a ‘modern economy’ if its key spending priorities are shipbuilding, rail, and un-targeted business tax cuts. That won’t be lost on those watching our progress closely, both here and overseas.

 

“Since the announcement of the National Innovation and Science Agenda (NISA) six months ago, the government has been telling startups that the NISA was just the beginning. It has been describing the NISA as a platform from which it will be able to deliver bold, decisive action in this space. This budget was a missed opportunity to make good on that promise.

 

“Startups didn’t expect any game-changing announcements in this budget. Implementing the NISA agenda items is still the top priority. But it’s critical that we don’t lose sight of the importance of genuine high-growth technology companies as a critical driver of Australia’s emerging economy.

 

“We see the upcoming election campaign as a key opportunity for both the government and opposition to outline their vision for startups and innovation in this country. We can’t rest on our laurels here – our competitors are acting decisively. We can’t afford to be left behind. We look forward to working with both parties in the lead to the election to make sure Australia has a credible plan to capture some of the extraordinary value that technology is delivering to leading economies around the world.

 

-ENDS-

Media:

 

Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS

 

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills.

 

StartupAUS will expand its efforts to bring financial partners on-board to help corporates have a bigger voice in the emerging innovation conversation and assist StartupAUS in increasing its resources and activities ahead of this year’s election, as both sides of politics vie for innovative traction. The organisation’s current corporate partners include Salesforce and Google Australia. It also has a growing list of philanthropic benefactors including successful tech entrepreneur, Steve Baxter, Co-Chairman of CHAMP’s Board of Directors and Investment Committee, Bill Ferris, and Director and Co-Founder of Allen & Buckeridge, Roger Allen.

 

For more information visit: www.startupaus.org

 




3 May

StartupAUS hails startup investment incentives a ‘rare feat’ for government and a ‘triumph’ for startups

by launch-admin May 3, 2016 0 News

Australia, 03 May 2016: StartupAUS, Australia’s peak advocacy group for startups, today warmly welcomed the Senate passing the government’s world-leading early-stage startup investment tax incentive measures.

CEO of StartupAUS Alex McCauley, said:

Last night was a quiet night for startups, but there has been some fantastic work going on behind the scenes over the last few months to finalise tax incentives for startup investments. Today the legislation enacting those incentives passed the Senate, with bipartisan support, and became law.

This is a huge win for Aussie startups – it will rapidly increase the amount of capital available to them, and the sources of capital they can call on. It’s also a huge win for anyone interested in investing in startups – they now have the world’s most generous incentive to explore the investment opportunities available in this exciting space.

“There has been a Herculean effort by government at all levels to get this legislation right, and to get it across the line as soon as possible. There was a real risk that if it wasn’t ready in time, this measure would be lost in the chaos of an early election. Thanks to lots of hard work, and the support of the opposition, that hasn’t happened – startups will see the effect of this from 1 July.

“The fact that the government has kept working hard on this through the turmoil of an early budget and an early election is gratifying. This reaffirms the centrality of startups to the Turnbull government’s national economic agenda.

“This scheme is a game-changer for startups. In the UK, where they have a similar scheme, research by Deloitte suggests the number of angel investors increased by 58% within a very short time after the scheme was introduced. If we see those kinds of numbers, Australian entrepreneurs will enjoy substantial improvements to their ability to access early-stage capital and investor talent.

“We commend the Government for getting this important piece of legislation moving well in advance of the budget. We should celebrate it as a triumph for the sector, and look to build on this success and momentum in the upcoming election campaign. Both parties have great ideas in this space. We’re looking forward to working closely with them to help refine them into policies to help make Australia a wold-leader in startups and innovation.

StartupAUS has been actively promoting adoption of early-stage tax incentives for startup investors for some time. The StartupAUS Board met Christopher Pyne in October 2015, listing an incentive scheme such as this as their number one priority for the sector. StartupAUS has also worked closely with Treasury and the government since the policy was announced in December to help get the scheme right.

Current StartupAUS board members are: Peter Bradd (Chair), Alan Noble, Bill Bartee, Glenn Smith, Andrew Larson, Wayne Gerard, and Teresa Engelhard.

-ENDS-

Media:

Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

About StartupAUS

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills.http://www.startupaus.org

StartupAUS will expand its efforts to bring financial partners on-board to help corporates have a bigger voice in the emerging innovation conversation and assist StartupAUS in increasing its resources and activities ahead of this year’s election, as both sides of politics vie for innovation traction. The organisation’s current organisation-level corporate partners include Salesforce and Google Australia. It is doing project-based work with KPMG, Commonwealth Bank, Twitter, and the QLD Government. It also has a growing list of philanthropic benefactors including successful tech entrepreneur, Steve Baxter, Co-Chairman of CHAMP’s Board of Directors and Investment Committee, Bill Ferris, and Director and Co-Founder of Allen & Buckeridge, Roger Allen.

For more information visit: www.startupaus.org

26 Apr

Cyber Security strategy is a good start for education says peak professional body

by launch-admin Apr 26, 2016 0 News

Sydney, 21 April 2016: The ACS – The professional association for Australia’s ICT sector – has welcomed the release of Australia’s Cyber Security Strategy, launched by Prime Minister Malcolm Turnbull this morning.

 

The Strategy is built around five pillars – a national cyber partnership, strong cyber defences, global responsibility and influence, growth and innovation, and a cyber smart nation – which will help improve the overall cyber security capability of the digital economy.

 

ACS CEO Andrew Johnson attended the launch at the Australian Technology Park in Sydney, and welcomed the focus on education.

 

“Cyber security is perhaps the biggest roadblock for Australia before we can fully embrace the opportunities of the digital age,” Johnson said. “We need the policies and infrastructure in place to engender confidence in online platforms. Without this confidence, we place economic growth and productivity at severe risk. Cyber security must be a top priority for all stakeholders in the digital sector – government, business, academia and professional bodies. Only a collaborative approach will deliver the solutions we need.

 

“It is no secret that we suffer from a lack of skilled cyber security professionals in Australia, and ACS is keen to play a role in addressing this shortage. Our strong and growing relationships with employers and the academic sector, as the accrediting body for ICT degrees, see us in a pivotal position to be a part of the solution. Extending cyber security education to all levels of the workforce will also help us realise the skills potential right through to the senior executive level.”

 

Last month the ACS and Deloitte Access Economics released its annual report, Australia’s Digital Pulse 2016, which found that whilst the digital economy will grow from 5 per cent to 7 per cent of GDP by 2020, there is a major skills shift underway in our economy.

 

“Our research points to the need for a broad range of skills in the modern workforce, and cyber security skills form an important part of that. We are pleased to see that workforce training is included as part of the action plan for building a cyber smart nation,” Mr Johnson said.

 

Further information

 

Thomas Shanahan, ACS, 0449 902 130 Thomas.shanahan@acs.org.au

Louise Proctor, Launch Group, 0452 574 244 louise@launchgroup.com.au

 

 

About the ACS

The ACS (Australian Computer Society) is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.


26 Apr

ACS welcomes Foundation for Young Australians’ report; depicts major skills shift underway in our economy

by launch-admin Apr 26, 2016 0 News

Sydney, 20 April 2016: The ACS – the professional association for Australia’s ICT sector – has welcomed the release of a report by the Foundation for Young Australians (FYA) titled, The New Basics: 4.2 million job ads reveal the skills young people need for the new work order, which shows a mix of enterprising skills and digital literacy skills are the most critical skills young Australians will need for the jobs of the future.

 

ACS President, Anthony Wong, said the findings of the Report reinforce that a major skills shift is underway in our economy.

 

“Australia’s digital economy is expected to grow significantly over the coming years, fuelled by new waves of technological innovation that will disrupt many of our traditional sectors.

 

The FYA Report analysed 4.2 million job advertisements between 2012 and 2015 and found digital skills, critical thinking, creativity and presentation skills are the top skills demanded by employers. This directly correlates to our own data that found that ICT employers are increasingly demanding workers possess broader and more general skills.”

 

Australia’s Digital Pulse 2016 a report released in March by the ACS and Deloitte Access Economics – found that for ICT specialists, 6 out of the top 10 skills now sought after are non-technical such as project management, sales, and customer service, and for 2.5 million Australians in non ICT roles digital literacy skills are an increasingly important part of their job. 

 

Mr Wong continued: “Australia’s Digital Pulse included never before seen data from LinkedIn. It showed that of the most popular 25 skills in Australia the most sought-after are technology-related, as more mainstream organisations integrate technology into their core business. This is encouraging as it means many employees in the wider workforce already have the necessary skills to perform a variety of IT-related jobs.”

 

The ACS Report also revealed the contribution of digital technologies to the Australian economy is forecast to grow to $139 billion in 2020, up from $79 billion in 2014, with demand for IT workers set to dramatically increase. However, IT graduates currently represent only 1% of new IT workers needed each year.

 

“The ACS backs the FYA’s call to action – Australia must take immediate action to ensure our youth are equipped to drive Australia’s economy forward. This includes reforms to the current education system, from primary school right through to tertiary education, further to this we must encourage better leaders and mentors our children, particularly for our girls, and we support and encourage collaborative research between business and universities.

 

We applaud the work of the FYA and look forward to working collaboratively in the future,” Mr Wong said.

ENDS

 

Media contact

Louise Proctor louise@launchgroup.com.au M: 0452 574 244 | T: 02 9492 1003

 

About the ACS

The ACS (Australian Computer Society) is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

Warning: getimagesize(http://web26.sky.studiocoast.com.au/wp-content/themes/maniva-home-yellow/images/back_top.png): failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in D:\Sites\launchgroup\launchgroup.com.au\home\wp-content\themes\maniva-home-yellow\template_inc\inc-footer.php on line 16