Section
Startups
Chalmers lifts VC fund caps after 20-year freeze
Treasurer Jim Chalmers will lift the asset caps on Australia's venture capital tax-incentive programs for the first time in more than 20 years, raising the VCLP ceiling to $480 million and unlocking concessional treatment for growth-stage startups.
Chalmers revives loss carry-back for startups in 2026 budget
The 2026 federal budget revives the loss carry-back tax offset and introduces a new refundability measure for early-stage startups, a dual package Treasury says will reach 85,000 businesses.
L'Oréal opens Big Bang 2026 for Australian startups
L'Oréal has opened applications for its 2026 Big Bang Beauty Tech Innovation Program. Australian startups can compete for commercial pilot opportunities across 35 markets in South Asia Pacific, Middle East and North Africa.
Mary Technology adds drafting and financial analysis to FMS platform
Sydney legal-tech start-up Mary Technology has added bank-statement analysis, custom chronologies and template-based drafting to its Fact Management System. The two-year-old company says more than 3,000 lawyers across 100-plus Australian firms now use the platform.
ZenaTech expands into Australia with drone-as-a-service acquisition of land surveyor
ZenaTech, the Nasdaq-listed drone-as-a-service operator, has signed a binding agreement to acquire a 35-year-old Brisbane-headquartered land surveying and spatial services firm, the company said, in what is its first major Australian deal and its 22nd DaaS acquisition globally…
Australian startups warn CGT overhaul could blunt R&D tax incentive boost
Australian startup founders and tax advisers say proposed cuts to the 50 per cent capital gains tax discount risk undercutting an expected lift to the R&D Tax Incentive cap, days before Treasurer Jim Chalmers hands down the 12 May 2026 federal budget.
ASIC fines Canva $792,000 over late accounts as filings show $US242m loss
ASIC has fined Canva Group A$792,000 over the late lodgement of its 2024 accounts, with each of four entities paying A$198,000. The long-delayed filings show the Sydney design software company posted a US$242 million net loss on revenue of US$2.1 billion.
Sweden's Legora buys Melbourne legaltech Graceview, plans Australian build-out
Stockholm-based legal AI company Legora has acquired Melbourne regulatory-monitoring startup Graceview, its third bolt-on in three months and its first foothold in Australia. Terms were not disclosed.
Sydney cooling startup Enaxiom raises $A2.5m seed led by Epic Angels
Sydney climate-tech startup Enaxiom has closed an oversubscribed US$1.8 million seed led by Epic Angels to commercialise its HydroCool data-centre cooling system. Antler and BlackNova joined the round.
