News Pulse for November 2, 2015

November News Pulse

PM opens data to crowdsourced start-up ideas

Prime Minister Malcolm TurnbullThe Hon. Malcolm Turnbull MP, Federal Member for Wentworth Prime Minister from 15.9.15 will throw open the government’s big data files for entrepreneurs to crowdsource the best start-up ideas across key government services including healthcare, transport and tax administration. Ahead of the government’s innovation statement next month, Mr Turnbull will partner with a group of corporate start-up consultants called Pollenizer, which is backed by well-known tech names including Atlassian co-founders Scott Farquhar and Mike Cannon-Brookes, who offer incubation programs to corporations including Telstra, Singtel, Macquarie Bank, AGL and Coca-Cola Amatil.

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Turnbull teams up with Pollenizer on DataStart

Open data is set to take centre stage as the Turnbull government continues to push ahead with its stated innovation agenda with its partnership with local incubator Pollenizer. The partnership between the government and Pollenizer will see the creation of DataStart- a public/private initiative that will look to leverage available data from the federal government to develop new solutions. The DataStart program will initially see 20 start-ups get a chance to present their ideas to a panel of judges in a showcase event in Canberra on January 18 2016. The successful start-up will then enter a nine-month incubation program.

Government says reports GST rise on the cards are ‘speculative’

Options to raise the rate of the GST have been described as “speculative” by senior Government ministers, but not dismissed, keeping with the Coalition’s line of “everything is on the table” when it comes to broad changes to the tax system.

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Government would raise $130b if GST was broadened, raised to 15pc, PBO modelling shows

The Federal Government would raise $130 billion in 2017-18 if it increased the GST to 15 per cent and dramatically broadened the tax base, according to new figures from the Parliamentary Budget Office (PBO). Nationals MP David Gillespie asked the PBO to model a New Zealand-style GST after it was suggested to him by his constituents in northern NSW as a way to help end funding disputes between the Federal Government and states and territories.

Kelly O’Dwyer says government needs to get out of the way of small business

Small Business Minister Kelly O’Dwyer says the government wants to reduce red tape and regulation for small business. “Small business don’t expect handouts but they do expect government to get out of the way,” she said. “They expect government to make it easier for them to set up small business.” Kelly O’Dwyer, Small Business Minister The minister, who took on the portfolio just over a month ago, said the government wants to reduce red tape “which is the bane of every small businessman and woman” and improve tax policy to ease the burden on small business.

Report shows local shops are the heart of the community

Federal Small Business Minister Kelly O’Dwyer has called on shoppers to support their local small retailers. Ms O’Dwyer, also appointed assistant Treasurer in the new Federal Cabinet, was speaking on the eve of the annual Shop Small campaign during November. The Economy of Shopping Small Report, to be released by American Express today, found that nearly two-thirds of consumers believed their local small shops gave the community its identity and charm.

Start-ups: we’re talking the talk, let’s walk the walk

It’s hard to over-emphasise how important this moment in time is for Australia. Technological change is occurring at a rate that leaves many businesses struggling to keep pace. Disruptive challenges are coming from companies that are using technology to scale up on a global level and are willing to re-imagine industry boundaries as well as entire industries themselves. Of late, both major political parties seem to understand the importance of taking immediate action to secure Australia’s economic growth and stay globally competitive. It’s hard to believe that only a few months ago we were asking our leaders to give start-ups a seat at the table – now we have two federal leaders dedicated to innovation and building the start-up ecosystem and a promise of bipartisanship.

Freelancer scores start-up conference coup

ASX-listed outsourcing company Freelancer has scored a coup after the Victorian government took on its successful SydStart start-up conference. The deal to move what has become Australia’s largest start-up conference to Melbourne comes as state governments are realising the potential of encouraging local start-ups. Freelancer chief executive Matt Barrie, who bought the SydStart conference from its founder Pete Cooper last year, announced the $1 million deal with Victoria’s Minister for Small Business and Innovation, Philip Dalidakis, at the end of the conference on Friday. The conference, which will be rebranded StartCon, will also help position Melbourne’s role as a base for new start-ups.

Inside Bill Shorten’s strategy to take on Malcolm Turnbull

Asked to describe how the political landscape has changed since Malcolm TurnbullThe Hon. Malcolm Turnbull MP, Federal Member for Wentworth Prime Minister from 15.9.15 took over the prime ministership, one senior federal Labor MP draws inspiration from a Looney Tunes cartoon. Labor is like Wile E Coyote to the Coalition’s Road Runner. With Tony AbbottThe Hon. Tony Abbott MP Federal Member for Warringah Prime Minister from 18.9.13 to 15.9.15 in charge, it seemed like Labor might just catch its quarry but the switch to Turnbull changed everything: the Coalition stopped just short of the cliff and Labor sailed straight over it. “You know how there’s that pause in the air before they fall?” the MP says. “It’s like that. It’s like suspended animation.” In other words, Labor hasn’t plummeted to its doom just yet. But the ground has given way and things aren’t looking good: it’s treading air as the yawning maw of electoral defeat grows ever wider below.

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