Australia’s peak industry representative body for innovation technology, the Australian Information Industry Association (AIIA), has welcomed the Federal Government’s Budget as an important milestone to "achieve a globally competitive and leading digital economy".



The commentary from various elements of the tech industry on Budget night has been positive, which is great news for the digital economy, digital funding, reversing planned R&D changes, 5G and more.

A lot of people really disliked the Federal Government's plan to cut an estimated $1.8 billion from the R&D Tax Incentive program, and the need to positively respond to the crisis and build the economy and jobs has seen the decision reversed.

The Australian Taxation Office has signed five managed network services contracts with Optus Business, a division of Singtel Optus, Australia's second biggest telco, with each to run for three years initially, with the option of being extended thrice for two years at a time. The total value of the contracts is $233.32 million.

Optus has introduced a price guarantee on sales of its 5G phones, guaranteeing to match retail prices offered by competitors.

Global accounting automation software provider, BlackLine, has completed the acquisition of Rimilia, an AI- powered cloud-based platform that enables accounts receivable (AR) automation and digital transformation.

Australian-listed healthcare data services provider PKS has appointed former Digital Health Agency chief Tim Kelsey as its new CEO as it embarks on its next phase of growth.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor, iTWire

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