A number of indicators for IT spending backs forecasts that while 2020 may see a decrease in overall tech spending, there is scope for short-term investments by businesses as part of their response to the coronavirus pandemic.
The chief of the Australian Informational Industry Association (AIIA) Ron Gauci expects IT to become the second biggest ASX sector when a new S&P All Technology Index - S&P AllTech - launches in February next year.
The Australian Renewable Energy Agency (ARENA) has announced a funding round of up to $70 million to help fast track the development of renewable hydrogen in Australia.
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