The government's Commercial Ready subsidy scheme should never have been dumped, according to Kaz founder Peter Kazacos, but instead revamped to allow the cash to be spent on activities like marketing.
Commercial Ready, a SME grants program that subsidised innovation and commercialisation, was scrapped in this week's federal Budget a move that will save AU$707 million over four years.
David Skellern, CEO of NICTA, said the Federal government's decision to ditch the AU$707 million Commercial Ready scheme a SME grants program that subsidised the costs of innovative projects will be a significant blow to innovation in Australia.
Catch up on all the latest breaking news from the CeBIT Australia show floor in Sydney.
Number two telco Optus has already signed supply agreements with at least one party as it moves closer to giving Internet service providers (ISPs) wholesale access to its extensive new high-speed broadband network.
Five Aussie businesses take us behind the scenes during the early set-up phase of their tech companies.
Ahead of the election, with promises for nationwide broadband networks and digital revolutions in schools, the ICT industry could hope the government was on their side. But now the glamour of a sparkling new government has worn off, how ICT-friendly is the Rudd government really?
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