KPMG

Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150 per cent increase on the corresponding period in 2019 (US$149.05 mil). However, a fall in M&A and PE activity caused total investment in Australian fintech to fall from US$1.3 billion

The Queensland Government is investing in a new facility to supercharge the state’s artificial intelligence capability and it will immediately focus on the use of AI during coronavirus. The Artificial Intelligence (AI) Hub is a new initiative under the Queensland Government’s landmark $755 million Advance Queensland initiative. A total investment of $5

KPMG Australia has acquired environmental sustainability advisory company Action Sustainability Asia Pacific. Terms of the deal were not disclosed. The consultancy helps evaluate sustainability in businesses, buildings and supply chains using leading international and national standards and an innovative software package.  Action Sustainability Asia Pacific also offers a range of

There is a concerning lack of readiness for technological change among Australian organisations, with most business leaders unprepared for the Fourth Industrial Revolution (4IR), the convergence of the physical, digital and biological worlds, according to a new report by KPMG Digital Delta. The 4th Industrial Revolution Benchmark Report, produced in

Australian startups are cashing bigger cheques from venture capital investors, but the money is increasingly going to a smaller group of later stage companies.  Overall Australia’s venture capital funding in 2019 rose to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG’s latest Venture Pulse report. Over recent

KPMG Australia has announced the appointment of Jenny Roche as a new Partner, joining the Customer, Brand & Marketing Advisory (CBMA) team. Her appointment follows the recent hires of directors, Amrita Bhattacharyya and Jinglu McLay, who joined KPMG CBMA late last year in Melbourne; and Samantha Clark who started this

CommBank X15 Ventures

Commbank has launched a new start-up incubator called X15 Ventures, which it says will produce 25 new ventures by 2024, signalling a new approach to the startup-enterprise relationship. The bank announced the initiative today which it described as an “Australian technology venture-building entity designed to deliver new digital solutions.” Download: Which-50’s

Digital transformation remains the number one concern for Australia’s business leaders as they look ahead to 2020, but new worries have emerged surrounding the global political and economic landscape, and climate change. A survey of nearly 200 C-suite executives by KPMG Australia paints a picture of CEOs who are worried

Australian food producers are trialling a new blockchain platform from KPMG to help keep track of their products across the globe.   KPMG in Australia, China and Japan today launched KPMG Origins, a blockchain-based ‘track and trace’ platform to support industries including agriculture, resources, manufacturing and financial services. The platform brings

Customer experience is gaining more attention across all industry sectors, but business in Australia are struggling to graduate from good to great CX.  According to the KPMG Customer Experience Excellence 2019 report, while many Australian organisations are putting effort into customer experience initiatives in Australia, these efforts often fail to