Tech industry groups welcome Labor win

Tech industry groups welcome Labor win


Labor elections will win helping to put technology at the heart of Australia’s economic growth, with a new $ 1 billion fund for the industry to seize a “one-generation opportunity”, according to the Tech Council of Australia.

Technology Council chief executive Kate Pounder welcomed Labor’s election victory on Sunday, with incoming Prime Minister Anthony Albanese claiming victory on Saturday night shortly before midnight.

On Sunday evening, it seemed likely that Labor would have won at least 76 seats that would have allowed it to form a government, gaining a meager majority, otherwise they would have formed a minority government with the Greens and / or cross-banks.

The technology industry has welcomed the change of government

The Labor election campaign featured the promise of a $ 1 billion Critical Technology Fund and the adoption of the Technology Council’s goal of having 1.2 million Australians in technology jobs by 2030.

“Throughout the campaign, the Labor Party has announced a number of crucial initiatives to help grow Australia’s incredible technology sector,” said Pounder.

“The Technology Council of Australia will work hard to partner with the government to give Australians the opportunity to get a well-paid, secure and flexible job in the technology industry.”

The technology fund will be part of Labor’s $ 15 billion flagship National Reconstruction Fund and will provide grants, loans and capital investments to companies operating in cutting-edge industries such as artificial intelligence and quantum computing.

This will help Australia become a technological powerhouse, Ms Pounder said.

“This fund will allow the technology sector to seize this opportunity each generation to turn Australia into a global technology power: deliver billions of economic activities, provide secure, flexible and well-paid jobs for Australians and make Australia the “It’s the best place to start, and to grow a business,” he said.

“Over the past decade, Australia has shown that it can create world-class technology companies from locations ranging from Sydney to the Sunshine Coast. It shows that Australia has gained a major new industrial strength in our economy: the software development.

“We must now do the same for the next generation of strategic technology industries. That is why we are especially pleased to note that the fund will focus on key areas such as quantum computing, artificial intelligence, robotics. and software development “.

The new government’s goal of creating significant new jobs in the technology sector will also be a clear call for the country, the industry representative group said.

“Seeing this goal on behalf of the government is important because it sends a clear signal to Australians that employers will sign up to create these jobs, and there is a shared commitment to helping Australians work in it, even through opportunities for requalification and training, “said Ms. Said Pounder.

The new Parliament will have a large number of first-time independent MPs and Greens MPs, and a diverse group of cross-MPs in the Senate.

“These MPs represent electorates of significant importance to the technology sector, with a large number of technology workers and technology companies in those seats,” Pounder said.

“We look forward to working with all members of Parliament to defend, develop and implement future policies that support the growth of the Australian technology industry.”

The Australian Information Industry Association (AIIA) on Sunday reiterated its call for the incoming government to appoint a cabinet-level minister responsible for government services and the digital economy.

The organization urged Labor to appoint a minister responsible for Australia’s third largest economic sector and oversee technology policy and regulation, to support skills development and ensure that Australia is a leading digital government by 2025. .

“Our industry could easily employ 1.5 million Australians in the coming years if the government addresses our skills shortage and supports the industry. Our members have told us that they are increasingly looking for more employees in the industry. foreigner due to talent compression, “said AIIA CEO Ron Gauci.

“A dedicated Cabinet of Government Services and Digital Economy is needed at cabinet level to deliver the digital opportunities available in Australia. The growth of Australia’s digital and innovation economy requires a dedicated Minister, as it is now the third Australia’s largest economic sector “.

Do you know more? Contact James Riley by email.



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