5 things you need to know in Australian tech today

Apple’s Tim Cook. (Source: Getty)

Welcome to Tuesday. Here are the top tech stories.

1. The NBN over pay television cables just went 10 times faster. The national network revealed lab testing of new DOCSIS 3.1 technology resulted in broadband reaching a blinding 1Gbps (1000Mbps) over existing pay-TV cables. The development is significant as it equals the performance of fibre-to-the-premises, which was dumped by the coalition as the default NBN configuration due to its high cost. Read more here.

2. FinTech Australia has cleaned out its board. Six new directors have been appointed, which chair Simon Cant celebrated as a boost for gender diversity and state representation. Check out the new members that are replacing the three outgoing directors heading into the second year for the industry body.

3. Catch Of The Day is no longer that. The company, now simply called Catch.com.au, has dumped its daily deals roots to become an Amazon-like retail marketplace in order to challenge Amazon’s imminent arrival into Australia. Read more on what motivated founder Gabby Leibovich to make the change.

4. Why are we spending taxpayers’ money to bring global accelerators to Australia that aren’t supporting local tech? This is the question founder of startup Schedugram, Hugh Stephens, is asking after US accelerator Techstars was lured to Adelaide with “millions of dollars” from the state government, only to announce last week that only 20% of its first intake are Australian startups. Read more at InnovationAus.

5. Apple’s annual developer conference has kicked off with numerous product announcements. We saw overnight the first-ever iMac Pro, a new midsize iPad Pro, a home speaker enabled with Siri, augmented reality software, a stay of execution for the Macbook Air, and spec improvements for its other notebooks. Did you get all that?

Have a great day! Please email me your story tips or find me on Twitter.

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