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Award-winning Canberra tech firm Castlepoint Systems has embarked on a $2 million capital raising to hire more staff so it can cope with demand for its pioneering artificial intelligence (AI) data management and protection solution. The capital raising follows a series of awards last month in quick succession for the two-year-old company, taking out the Cyber Security category at the...
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The Canberra Business Chamber has welcomed a dedicated business minister in Andrew Barr's new cabinet, and will continue pushing for tax relief and a relaxation of coronavirus restrictions. CEO Graham Catt said having someone in Cabinet who understands Canberra's diverse business sector and is able to consider how government decisions might affect those businesses was vital. Labor's Tara Cheyne has...
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Region Media has successfully accessed a grant via the Federal Government's Public Interest News Gathering program, which is designed to assist media businesses serving regional and remote parts of Australia. The grants come at a time when the future of many regional news mastheads remains uncertain. A total of 107 publishers and broadcasters will share the $50 million in Federal...
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A home-grown IT start-up that is pioneering the management of records using artificial intelligence is poised to spread its wings overseas after rapid growth in Australia. CEO Rachel Greaves and partner and Chief Technology Officer Gavin McKay launched Castlepoint Systems about 18 months ago. Since then the company has grown from just them to a 16-strong outfit with 20 clients...
Expert Advice
Lawyers have been urged to be cautious when using a new temporary law that allows the remote or virtual witnessing of legal documents such as wills and power of attorney in the current pandemic environment. The new law makes it more convenient to progress legal matters when clients are averse to face-to-face meetings due to fears of contracting COVID-19 but...
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The ACT Government's $137 million coronavirus stimulus package announced today includes rebates on residential rates to help ease cashflow pressures for Canberra households, and a freeze on a number of government fees and charges. ACT Chief Minister Andrew Barr said the economic survival package was the first phase in the Government's plan to protect as many jobs as possible and...
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An ACT coronavirus economic stimulus package this week will be augmented by more measures in the June budget, followed by a mini-budget after the October election, no matter who wins government. Chief Minister Andrew Barr is in the process of framing the stimulus package which will be aimed at providing relief for affected businesses, keeping people in jobs and bringing...
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A long-term plan to develop skills and training and more infrastructure spending in business districts outside of the CBD and town centres top the list of concerns revealed in a Canberra Business Chamber survey of their members. Businesses also back the Chamber's call for a dedicated ACT Government Minister for Business and a single business advice agency to make it...
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A Canberra tech firm has won a $1 million Commonwealth grant to apply its artificial intelligence product to help protect Australia from biosecurity threats at the point of entry on the nation's docks. Deakin-based Trellis Data is one of six businesses granted $1 million each under the Business Research and Innovation Initiative (BRII) to develop their solutions. Trellis's AI product...
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Going into an election year, the latest economic forecast for the ACT would have Chief Minister Andrew Barr smiling at what could be seen as an endorsement of his government's policy direction. The Deloitte Access Economics Business Outlook for December calls the ACT the "little territory that could", defying the national downturn and recording its largest-ever share of the national...
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A new service to help small and medium-sized food producers in the region become exporters has been launched in Canberra. Not-for-profit Agribusiness Regional Development Association (ARDA) says the Capital Region Export Hub (CREH) aims to boost the export value of businesses in the Capital Region and Southern NSW by $1 billion by 2025. It says the end-to-end service will help...
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Canberra Business Chamber has elected three new directors to its board after its recent round of board elections and appointments. The new faces come from the broadcasting, community service and arts retail sectors, reflecting a wide spectrum of business activity. They are Canberra FM general manager Craig Wagstaff, Lifeline Canberra CEO Carrie Leeson and owner and co-founder of Scott Leggo...
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University of NSW Canberra has taken the next step in expanding its presence in the national capital with the opening on Northbourne Avenue of a new collaborative workspace dedicated to the defence, technology and security industries. Called, appropriately enough, Launch on Northbourne, it will bring together industry, government and academia with three floors of secure workspaces, private offices, meeting and...
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ACT tech firm Seeing Machines has gone all the way and taken out the Technology and Innovation category in the Australian Export Awards, announced on Tuesday night at Parliament House. In October, Seeing Machines was named ACT Exporter of the Year. The company's artificial intelligence (AI) based safety technology pioneered in Canberra is being incorporated into Advanced Driver Assistance Systems...
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ACT plumbing firm Water Tight Canberra has scooped the 2019 Telstra Business Award for Australia’s top Small and Succeeding business. Announced on Thursday night, the awards, now in their 27th year, celebrate and showcase Australia’s best in business. Of the 21,000 companies that entered this year, only four were selected as national winners. The Telstra Awards said Water Tight won...
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Concerns about waste and recycling proposals in Fyshwick may have been a catalyst but the new Fyshwick Business Association has been a long time coming for the evolving light industrial and retail district in Canberra's south. The increasingly eclectic suburb has seen proposals for a waste and recycling facility and metal recycling, and the approval of a rail freight depot,...