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The areas of technology that benefits from the 2021 Federal Budget’s huge spendThe latest Federal Budget has been announced and it includes huge spending on technology and related industries to enhance cybersecurity, Artificial Intelligence, digital skills and emerging technologies. Digital upskilling will also be incentivised with more than $70m dedicated to the Digital Skills Cadetship Trial, Next Generation Emerging Technology Graduates Program and the expansion of the Cyber Security Skills Partnership Innovation Fund. Grant Petty, CEO of Australian film-tech company BlackMagic Design applauded the Budget’s spend on technology. “We have been advocating for significant investment in health, skills, cybersecurity, digital payments and AI. Tonight’s announcement committing an investment of $124.1 million for AI shows the Federal Government’s continued commitment to ensuring Australia becomes a leading digital economy.”