A poll of Australia’s biggest technology start-up investors has found funding levels in the first half of this year have largely matched the same period in 2021, despite fears of a tech wreck, but the good times are unlikely to last.

With numerous warnings about the US tech wreck reaching Australian shores, and reports of redundancies at local tech companies starting to emerge, The Australian Financial Review polled 12 of the country’s most prolific venture capital funds to get a snapshot of how the first six months of the year had played out, and their expectations for the second half.