Tech innovators, investors and entrepreneurs descended on Perth during the past fortnight for a series of startup events that sparked wide-ranging discussions about how to strengthen the local ecosystem and compete on the world stage.
Reserve Bank of Australia governor Philip Lowe thinks bitcoin is mostly attractive to criminals and speculators but has acknowledged there could one day be an electronic Aussie dollar based on similar technology.
Curtin University’s West Tech Fest attracted tech innovators, investors and entrepreneurs from across the country to Perth last week, including Adelaide-based visitor management system Sine, which won the West Tech Startup Challenge.
Three Western Australian projects with a focus on clean energy technology, including an artificial reef in Exmouth, will share in $4.8 million funding announced by National Energy Resources Australia today.
Medicinal cannabis company Creso Pharma will raise $17.5 million through a strongly supported share placement, while also announcing a partnership with Swiss chocolate firm Aeschbach Chocolatier to develop marijuana flavoured chocolates.
The husband and a son of renowned burns surgeon Fiona Wood, Tony and Tom Kierath, are seeking to crowdfund $100,000 by mid-December to bring their swallowable weight-loss device, IG Balloon, to market.