Summary of Budget 2023-24

On May 11, 2023 Policy and Regulation

The 2023-24 Federal budget was handed down by the Federal Treasurer, the Hon Jim Chalmers MP, on Tuesday night, and there are a number of funding allocations that are of interest to our industry with increased funding in relation to privacy, e-safety, cybersecurity, combatting scams and integration of AI and quantum tech into business operations as well as some funds to support startups.set out in Budget Paper 2. 

We have summarised some of the major funding changes related to media, marketing and technology areas for IAB Australia member organisations. 


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