Headlines

• Clash between fintech industry and big banks over open banking.
• New report predicts the rise of AI jobs in Australia.
• Details of "Future Made in Australia" legislation explored.
• Notable startup capital raises, including Caresquare and Redactive AI.

Summary

In this episode of the Startup Retro podcast, the hosts delve into the biggest headlines of the week. The discussion centres around the clash between the fintech industry and big banks over open banking, as well as a new report predicting the rise of AI jobs in Australia. Will and Gem also pick their favourite startup capital raises and share intriguing insights from their reading throughout the week.

Time Stamps

• 00:24: The clash between the fintech industry and big banks over open banking implementation in Australia reveals differing perspectives on the effectiveness and adoption of the system.
• 06:50: A new report predicts a significant increase in AI-related jobs by 2030, emphasising the need for individuals to develop AI competency to thrive in the future workforce.
• 09:48: The "Future Made in Australia" legislation introduces key pillars to promote community benefits and sector assessments for strategic investments.
• 14:00: Startup raises, like Caresquare's seed investment and Redactive AI's substantial funding round, highlight the diversity and innovation in the Australian startup scene.
• 24:53: Engaging with resources like Robotsguide.com sheds light on the wide range of robotics applications and innovations shaping the technology landscape.

Links

To get all the links to the stories we mentioned in this episode, you can read this week’s Overnight Success newsletter: https://newsletter.overnightsuccess.vc/p/6-july-2024

Headlines

Open Banking:

• Australian Banking Association Consumer Data Right Strategic Review July 2024
• Basiq Open Banking Report July 2024

Tech Council AI Jobs

• Media Release
• Report

Startup Raises

• Redactive AI
• Caresquare 
• Millibeam: 
• ReciMe 
• Profit Peak

KaaS - Knowledge as a Service

Our favourite startup-relevant read, listen or watch of the week

• Gemma’s Pick: Robots Guide
• Will’s Pick: What you should know about SAFE notes

Send feedback to the hosts

• Gemma LinkedIn: https://www.linkedin.com/in/gemmaclancy/
• Will LinkedIn: https://www.linkedin.com/in/williamrichards/

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