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Innovation

This Month

Science and Industry Minister Tim Ayres discusses his national AI strategy on Tuesday.

Why Australia’s AI plan is completely wrong

If the nation wants to sell the artificial intelligence opportunity to its people and investors, Canberra is going to have to get more bullish.

November

Pieces by Hannah Martin, Pasquale Bruni, Roberto Coin, Completedworks and Ole Lynggaard Copenhagen.

5 hidden-gem jewellers that should be on your radar

From floral emblems to punk aesthetics and custom designs fit for a royal or celebrity, these brands offer something different.

Christopher Kulendran Thomas is among artists embracing AI with his work “The Finesse”.

‘Real art today is creating data sets’: the artists not scared of AI

Deepfaked Kim Kardashians and a machine that’s learning the dead Occitan language are like paintbrushes in the box for these creatives.

The cuts to staff and research at the CSIRO this week are a stark reminder of the pressures facing Australia’s science and innovation system.

CSIRO cuts show why super rule must change to fund innovation

CSIRO’s announcement that it will scale back some of its activities underscores the need to revitalise private-sector investment to drive innovation.

Why you must ‘innovate or stagnate’ as the market transforms

Tokenised securities are being embraced by market players from Nasdaq to Westpac and will allow share trades to settle within minutes, not days.

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What are Mamdani’s policies? Definitely Maybe is debut album of which band? Who had 2023’s biggest R&D claim?

Who committed Australia to a 2050 net zero target? Take our news quiz

Have you been paying attention this week? Test your knowledge across politics, business and world news.

Pokies innovation and Domino’s menu items were the beneficiaries of a federal government handout.

Why you’re paying for ‘innovation’ in pokies and novelty pizza

Taxpayers are subsidising gambling, alcohol and Domino’s novelty crusts amid a national innovation crisis. Here’s what’s wrong with the R&D tax break.

October

Bill Gates warns that prioritising the fight against rising temperatures above all else means that issues such as human health and equality risk being overshadowed.

Bill Gates is right: We must learn to live with climate change

The billionaire’s pivot puts the focus on human health and adaptation. But giving up the emissions fight will just make the final bill far higher.

Apate.ai co-founders Brad Joffe, Dali Kaafar and Peter Eckermann are aiming to have their AI army working for all Australian banks and telcos in a year.

This company’s AI bots talk to scammers so you don’t have to

It takes a lot to stand out in an increasingly crowded market, but Apate.ai’s co-founders think they have a globally significant company on their hands.

SpaceDraft founder and CEO Lucy Cooke in Perth.

Visual planning tool finds way to top in year when AI reigns

Lessons from the WA wheatbelt and Hollywood movie sets helped inspire 4D visual planning and communication platform SpaceDraft.

The best returns on capital are increasingly being generated elsewhere..

Why our sharemarket is heading for a bleak future

A collapse in R&D spending is crimping Australia’s long-term growth potential and shrinking the pool of globally competitive companies worth owning.

Tim Ayres

Government rules out taxpayer funding for AI giants’ data centres

Industry Minister Tim Ayres says the government will not subsidise construction of the facilities for tech companies like OpenAI, Google and Amazon.

CBA chief information officer Gavin Munroe with CEO Matt Comyn in the CBA Seattle office earlier this year.

CBA moves its entire core banking system into Amazon’s cloud

The migration of Commonwealth Bank’s retail, business and institutional systems is an Australian first and one of the biggest moves to the cloud by any bank globally.

Queensland couple Andrew and Jocie Bate founded SwarmFarm.

QIC, CEFC tip into SwarmFarm Robotics’ $30m raising

SwarmFarm’s manufacturing facility in Toowoomba has built and sold more than 200 robots to farms across Australia.

September

US President Donald Trump holding the executive order authorising the new visa fee.

Productivity agenda needed to attract tech workers Trump rejects

Australia needs to bundle immigration policy with bold tax and IR reform to seize the opportunity to access global talent handed over by the US visa crackdown.

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Donald Trump’s decision to effectively close off the H1B visa program presents a unique opportunity to Australia.

Silicon Valley Down Under: Why Trump’s loss could be our gain

The US President’s de facto closure of the H1B visa represents a massive opportunity for Australia, one that Anthony Albanese really cannot afford to let slip.

Drew Bradford, chief executive of Macropod with Ed Carroll of MHC Digital. Macropod’s AUDM stablecoin has been awarded a financial services licence by ASIC.

Ex-NAB bankers awarded Australia’s first stablecoin licence

ASIC has approved a stablecoin issuer – Macropod, backed by Mark Carnegie’s crypto firm – for the first time.

Banks are building AI “agents” to replicate human business bankers.

Big lenders are building AI agents to do the work of business bankers

Business banking is emerging as a key battleground in the race among the big four to build artificial intelligence tools to drive efficiency gains.

National Australia Bank chief executive Andrew Irvine

‘Future at risk’: NAB CEO issues urgent call to action on AI

Australia’s “economic miracle” is at risk unless its leaders take bolder action to reverse the productivity malaise, warns NAB boss Andrew Irvine.

Airspeeder

Airspeeder approved by air safety regulator for human test flights

A start-up which is attempting to establish an airborne Formula 1 has received the first ever regulatory approval to put human pilots in its cockpit.

Original URL: https://www.afr.com/topic/innovation-5yn