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The Morrison government has today announced $130 million will be spent on the “hugely popular” Regional Connectivity Program (RCP) ahead of next week’s federal budget.
The funding – which aims to improve connectivity and technology in Australia’s regional centres – is part of the nearly $1.2 billion the government is set to spend on its Digital Economy Strategy.
Australia left behind despite national investment into digital economy06/05/2021|8min
Despite the government s announcement of a $1.2 billion investment as part of its Digital Economy Strategy, Australia is still behind neighbouring countries who already invest more into AI than we do, according to Labor MP Ed Husic. In respect to artificial intelligence a lot of countries have invested and announced major investments in this space because . there s either a $15 trillion or $22 trillion economic uptick from this, he told Sky News. The bulk of this is going to accrue to two nations - USA and China - and so we ve been left behind.
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Australia leading digital revolution in aviation
The Australian Government is laying the foundations for new jobs in the new frontier of aviation services with the release of the National Emerging Aviation Technologies (NEAT) Policy Statement.
As part of the Government’s new Digital Economy Strategy, the statement sets out how the Government will support individuals and businesses to harness the opportunities offered by digital aviation technologies such as drones, advanced air mobility (AAM) and electric vertical take-off and landing (eVTOL) vehicles.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Government was committed to maintaining Australia’s status as a world leader in the development and adoption of emerging aviation technologies, as part of its ongoing support to ensure the sector recovers and thrives.
The Australian government unveiled its Digital Economy Strategy, which includes a brand new tax break for game studios.
The Digital Games Tax Offset is a 30% tax relief to support Australia taking a greater share of the AU$250 billion global game development market, the announcement said.
The aim is to support business growth and change to the way Australian businesses can claim depreciation of intangible assets like intellectual property and in-house software, the announcement continued.
It s the first ever federal tax incentive for the Australian game development scene, the Interactive Games & Entertainment Association noted in a release welcoming the announcement. This is a very welcomed day for Australian-made video games, said IGEA CEO Ron Curry. The Government s new investment commitment today will do many things. It will spur the creation of brand new Australian game development studios, give existing Australian studios the support they need to take on ambitious
A modern digital economy to secure Australia s future
Thursday, 06 May 2021 Share this
The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget.
The strategy outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030.
Prime Minister Scott Morrison said one of our biggest challenges and opportunities turns on how we respond to the digital transformation occurring in every sector and every facet of our lives.
“Every business in Australia is now a digital business. The tradesman or woman who seeks work through AirTasker. The landscaper who finds most of their new business through search engine placement and social media. The farmer who keeps track of their herd with electronic tags or drones. The local Thai restaurant that sells through UberEats, MenuLog, Deliveroo, or any one o