Shows

Tech Council calls for bold tech investment to boost Australia’s productivity

Published

10 months ago

November 12, 2024

The Tech Council of Australia (TCA) has issued a call for an ambitious national tech investment target to address Australia’s lagging productivity growth.

The TCA’s latest report, *From Research to Reality: Scaling Tech Investment in Australia*, released today at their National Summit, argues that increasing tech investment could unlock substantial productivity gains and improve economic resilience.

According to the report, raising Australia’s tech investment to 4.6% of GDP could yield an additional $38 billion in GDP by 2035.

Reaching a 6.9% investment level could generate a remarkable $167 billion in productivity growth. This investment includes research and development (R&D) and broader technology adoption, essential to countering Australia’s declining productivity.

TCA CEO Damian Kassabgi explained the urgency of setting a tech investment target for 2035, calling on both government and industry to commit to a shared goal.

“Australians enjoy some of the highest living standards in the world. To ensure we can keep growing, we need to see an uplift in productivity growth,” he said.

“Australia’s productivity growth has been declining for some time, which is one of our most pressing economic challenges. Achieving the level of growth we need to turn this around and see our economy thrive requires greater tech development and adoption.”

“Tech investment enables companies to commercialise their research and create new business models, making our economy more productive and resilient. There are also practical benefits to increased tech adoption, which can accelerate the growth of both small and large businesses.”

Need to tech industry

“The results of this report show how vital tech investment is to our economy and the need for the tech industry, the wider business community and government to work together to create an environment that supports tech innovation and adoption,” said Laura Malcolm, Managing Director for Datacom Australia, a key sponsor of the report.

“The work we’re doing with our customers in the areas of AI, cloud and digital engineering clearly highlights how the smart use of technology can transform operations and performance, so it is critical that tech investment in Australia keeps pace with our global competitors. We’re also very supportive of the report’s recommendations around education focused on technology adoption and managing technology risk.”

With tech investment currently at 3.9% of GDP and projected to fall further, the TCA recommends five key policy changes, including refining tech policies and boosting R&D investment from global firms.

The TCA will work with stakeholders to finalise a concrete target, reinforcing its mission to grow Australia’s tech sector and drive economic progress.

Shows

Boxing promoter aims to inspire young Australians

Ricky Colosimo aims to transform Australian boxing through mentorship and integrity with Wanderer Promotions

Published

2 days ago

September 11, 2025

Nathan Langridge

Ricky Colosimo aims to transform Australian boxing through mentorship and integrity with Wanderer Promotions.

In Short:
– Ricky Colosimo founded Wanderer Promotions to mentor young boxers and promote the sport’s positive impacts.
– His initiative aims to transform Australian boxing by showcasing fighters’ stories and enhancing public perception.

Ricky Colosimo, former amateur and professional boxer, aims to leverage boxing to support young Australians. He has founded Wanderer Promotions to mentor aspiring boxers, emphasising the sport’s positive effects, such as discipline and character-building.

His experience in the sport was shaped by early challenges, including a serious injury that halted his fighting career. This incident fostered his commitment to empowering youth through boxing.Colosimo promotes integrity and aims to prevent issues like rigged fights, advocating for well-matched bouts to ensure fair competition.

Shows

AI’s impact on how parents choose schools

AI revolutionises parents’ school search, offering personalised responses instead of traditional search engine results

Published

2 weeks ago

September 1, 2025

Nathan Langridge

AI revolutionises parents’ school search, offering personalised responses instead of traditional search engine results.

In Short:
– Parents are using AI tools like ChatGPT to find schools that meet specific criteria.
– Schools must enhance online presence and content for better visibility in AI search results.

AI is transforming how parents find suitable schools. In this episode of Beyond Education, Ticker’s Ahron Young and Enquiry Tracker‘s Greg Campitelli are joined by Enrolment Catalyst’s Rick Newberry to discuss how parents are increasingly using AI tools like ChatGPT for targeted inquiries, seeking schools that meet specific criteria such as arts or academics. These AI systems provide comprehensive answers rather than simple lists of links, thereby reshaping the admissions landscape.

School leaders must recognise the potential of AI in enhancing digital visibility. Unlike traditional SEO, AI aggregates information from multiple sources to offer parents tailored content. It is critical for schools to ensure their online presence is robust, as outdated or vague information can hinder their discoverability in AI-generated responses.

Content Strategy

Schools should conduct audits of their websites, focusing on clear and engaging content. Implementing structured FAQs and maintaining up-to-date reviews can enhance visibility in AI search results. Blogging about school features, values, and community engagement is also essential to foster a compelling narrative in the increasingly competitive educational landscape.

Shows

Homebuyers and investors find new value in build now, pay later

New financial product allows deferred construction payments until project completion, aimed at homebuyers and investors

Published

2 weeks ago

August 31, 2025

Nathan Langridge

New financial product allows deferred construction payments until project completion, aimed at homebuyers and investors.

In Short:
– Tim Graham discusses a new deferred payment product for home construction with industry experts on The Property Playbook.
– The product offers financial flexibility for homebuyers and investors, addressing common challenges they face.

In today’s episode of The Property Playbook, Tim Graham explores a new financial product alongside Josh Cunningham from Hermitage Building Group and Josh Morse from HomePay. This product allows clients to defer construction payments until the home is completed.

The HomePay product offers a deferred payment structure that differs from standard construction loans. It aims to provide financial flexibility for both homebuyers and investors.

The podcast discusses the significance of this payment deferral model, with Cunningham explaining how it benefits clients and influences their experiences.

Product Advantages

The conversation also touches on the advantages this product offers, addressing common issues faced by buyers and investors. Cunningham mentions that Kingsbridge Homes is one of the few builders approved for this initiative, enhancing client experience.