HIGH TECHNOLOGY INDUSTRIES – AUSTRALIA

Start-ups reveal their federal budget wish-lists

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Original article by Liz Main
The Australian Financial Review – Page: 19 : 2-Apr-19

Clarification concerning research and development tax incentives is one of the biggest points of interest for technology start-ups with regard to the federal government’s April 2019 Budget. Des Hang, the CEO and co-founder of vehicle subscription service Carbar, says it is too easy for larger companies to be able to claim tax breaks under the R&D incentive scheme. Investment in better education programs is something else that the technology sector wants to see, along with immigration reform.

CORPORATES
CARBAR, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, ATLASSIAN CORPORATION PLC, 99DESIGNS PTY LTD, FINTECH AUSTRALIA PTY LTD

Fitch warns of far-reaching dangers of negative encryption laws

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Original article by Paul Smith, Natasha Gillezeau
The Australian Financial Review – Page: 29 : 14-Dec-18

Australia’s new anti-encryption laws are nominally intended to assist law enforcement agencies in combatting terrorists and criminals by allowing them to crack encrypted messages. Ratings agency Fitch contends that the laws have the potential to harm the local technology sector, as well as global tech firms such as Facebook and Twitter. However, the Australian Signals Directorate’s Director-General Mike Burgess says a lot of myths are being perpetuated about the new laws.

CORPORATES
FITCH RATINGS LIMITED, FACEBOOK INCORPORATED, TWITTER INCORPORATED, AUSTRALIAN SIGNALS DIRECTORATE, GOOGLE INCORPORATED, TELSTRA CORPORATION LIMITED – ASX TLS, HUAWEI TECHNOLOGIES COMPANY LIMITED, SINGTEL OPTUS PTY LTD, CISCO SYSTEMS INCORPORATED, APPLE INCORPORATED