Original article by Lydia Lynch
The Australian – Page: 1 & 4 : 12-Nov-24

The new Queensland government has indicated that it may withdraw from its Labor predecessor’s deal to invest $470m in a quantum computing project. Treasurer David Janetzki has stated that he will closely scrutinise the full details of Labor’s deal to match the federal government’s investment in US-based PsiQuantum’s project to build a ‘fault-tolerant’ quantum computer in Brisbane. Janetzki had raised concerns in Opposition regarding the viability of the project and the secrecy that surrounded the tender process.

CORPORATES
QUEENSLAND. TREASURYPSIQUANTUM CORPORATIONAUSTRALIAN LABOR PARTY