NSW Minister for Customer Service Victor Dominello, has signalled there may be future opportunities for the NSW Government to engage agile startup and scaleup businesses, in the revamped digital transformation strategy.
The new Consumer Data Rights legislation is cumbersome and will prevent Australia competing with the US, Europe, Japan and South-East Asia, in the trillion-dollar financial data economy, says international data specialist Julian Ranger.
The Australian company WordFlow has proved its sophisticated new smart software has the potential to save the world’s internet users trillions of hours – by ending laborious searches for information.
The imminent arrival of 5G, enabling the use
of advanced holographic technology could lead to a 10% reduction in traffic on
Australian roads within 5-years, according to the CEO of Sydney based company Humense.
Internet of Things and AI expert Eitan Bienstock believes
that if Australia doesn’t produce enough food to feed China – China will
eventually just take what it needs.
A new Sydney based Agtech startup business has created a platform to
reduce the waste of ‘ugly,’ or oddly shaped fruit and vegetables discarded by
growers and rejected by supermarkets.
Australia is ‘flying blind’ on the back of a decision by the Federal and state Governments to cease monitoring the startup economy, according to the head of Startup Muster – the only company to comprehensively survey the sector.