Australian tech sector welcomes Labor Victory

Australian tech sector welcomes Labor Victory

Australian tech and startup industry leaders have welcomed Labor’s federal election victory and celebrated their plan to invest $1 billion in critical technologies.

With nearly 71% of the vote on Sunday night, Labor looked likely to form a slim majority government after falling in its own primary to defeat the incumbent Morrison government.

Australian tech sector welcomes Labor Victory

Labor’s return to government will likely lead to changes in the Australian technology sector, with policy commitments affecting critical technologies, the NBN, training, and skills.

A devastating turnaround against the coalition saw it lose several seats in Western Australia to Labour while collapsing support in Melbourne left former Liberal strongholds in the hands of ‘green’ independents.

Australia’s tech sector welcomed the change of government after the Labor Party’s historic election victory on Saturday night when the new Labor government pledged more training and funding for advanced technologies.

In his victory speech, Labor leader Anthony Albanese, sworn in as prime minister Monday morning, said he wanted to “unite Australians”.

Albanian oversaw the swearing-in of its prime ministers on Monday morning and promoted senior Labor party members to prominent positions.

During the election campaign, Abanese pledged to reach 1.2 million tech workers in Australia by 2030, a target that would be partly met by 450,000 free TAFE places and the creation of 20,000 internships. Other academics.

The pre-election commitments include giving 90 percent of fixed-line installations the ability to connect to a gigabit NBN by 2025, ending widespread reliance on public service consultants and contractors.

Comments from the Australian technology sector.

The Australian Information Industry Association (AIIA) said it looks forward to working with the new Labor government to develop and implement policies to address the digital skills shortage in the country.

Tech Council of Australia CEO (TCA) Kate Pounder said TCA partnered with Anthony Albanese before his appointment as he pledged to support the goal of employing 1.2 million people in tech jobs by 2030.

Telstra said it had a strong working relationship with the ALP and looked forward to working with them in government to implement necessary policy reforms in the telecommunications sector.

Compete, Australia’s leading body for competing for telecommunications brands, congratulates Anthony Albanese and the Australian Labor Party on their historic victory in the federal election.

In particular, Compete wants to recognize Michelle Rowland’s re-election and looks forward to working with her as the likely Secretary of State for Communications. Compete appreciates the longstanding commitment to the telecommunications sector, Ms. Rowland, who has shown up as a Shadow Minister of Communications, ably supported by her expert team of advisors.

Compete Chair Michelle Lim pointed to the opportunities open to the new government:

“The incoming Labor government has an incredible opportunity to create a more inclusive sector that includes a diverse mix of newcomers, strong independent dynamic challengers, and established incumbents. Compete, and our members look forward to working with the new government in the coming period.”

“We thank the outgoing government, welcome the new government, and look forward to working with the industry on the many exciting changes ahead. Compete will continue to work with all government agencies and regulators on social and economic policies to shape important future reforms by a Labor government,” said Michelle Lim.

Chris Dahl, Pin Payments Director of Sales and Growth, said it was encouraging to see the Labor Party emphasize increasing jobs and building skills through the 465,000 free TAFE places for Australian students studying in skills shortage industries.

“Small businesses can benefit significantly from this as it will make employee upskilling easier, and talent will also gain access to skills programs through TAFE to upskill. The additional 20,000 university places in 2022 and 2023 will also help fill the gap for skills shortage industries, greatly improving the small business community,” said Dahl.

The technology sector is likely to remain high on the list of critical issues for the government, including cybersecurity issues.


The TBN team is an established group of technology industry professionals with backgrounds in IT systems, business communications, and journalism.