Food delivery service Deliveroo supports the generation of $452 million in revenue in the Australian economy, of which $313 million is extra revenue within the restaurant sector, according to a newly published report.

The first businesses to undergo digital transformation under a new Australian Government initiative have been announced, with businesses to receive up to $20,000 in digital support as part of the Digital Champions initiative.

Australian firms’ “need for speed” will drive tech spending in 2019, according to one global analyst firm which projects Australia’s tech market growth to accelerate from 1% in 2018 to 2% in 2019 and 3% in 2020.