The past two years have been extremely busy for proptech investment in Australia.  At the Proptech Association Australia, we have identified 18 separate transactions. We were only able to source the values of nine of those 18 transactions but that alone represents at least $274m in investment since late 2019.  Much of this activity is established players purchasing scaling proptechs to expand or deepen their product set to enhance innovation and get closer to customers.  We a

Australian technology recruitment company Real Time has released an industry talent report based on hundreds of conversations with in-demand software product managers.  Inside the Minds of Australia’s Greatest Software Product Talent , published in February 2024, examined what motivated product managers, along with the issues they described as current struggles.  Real Time Director Ellis Taylor said it was important to find out what attracted product managers to a new role, a

Asia-Pacific companies are quickly ramping up investments in generative AI and entering a higher stage of maturity, according to new research from the Infosys Knowledge Institute (IKI). The research arm of Infosys, a global leader in next-generation digital services and consulting, reported that while APAC spending currently lagged that of North America, the adoption, effectiveness and growth were among the highest globally. Forecasts revealed a 140% increase in total APAC Ge

By Kylie Davis As Australians struggle with the challenges of affordable housing, the cliches of greedy landlords, sleazy real estate agents and dodgy builders are dredged up repeatedly. And now there’s a new one – discriminatory proptech.  They are unhelpful narratives that seek to assign blame onto the many, based on the behaviour of a very few, thereby avoiding dealing with the structural issues in housing, construction and investment in this country that are unique to us

By Kylie Davis One of the biggest technology trends coming down the pipe is the rise of Web 3.0 which is going to significantly change how we use, engage with and trust all technology – not just proptech.  If like me, you were blissfully unaware that the web had model numbers*, it helps to review the past and current iterations of the web to understand this idea better.  Web 1.0 was the first generation – when the internet started. I remember this well. My husband, who was th

By Paula Shearer Artificial intelligence and its impact on humanity has been a scorching discussion topic for decades – ever since the term was coined at a Dartmouth College conference in the United States in 1956. But, until recently, most AI has remained in science fiction novels, university studies and tech labs. Now it’s publicly available – within reach, and free to use, for anyone who has access to a computer keyboard or smartphone. But, is the real estate industry read

A new national report has revealed that a lack of adequate office technology is impacting office occupancy in Australia, with 86% of Australians reporting an office tech gap. At a time when commercial occupancy rates across the country remain stubbornly low, the report delves into how Australian office worker expectations are changing in a digital-first, hybrid work environment and how this impacts their office attendance. Next Flex: Technology for the next generation Austral

Proptech Association Australia’s inaugural Proptech Forum, Disrupting the Disrupters, explored the technology that is happening adjacent to the sector and the market forces happening around it. The day was wrapped up by New South Wales Property Services Commissioner John Minns who said the Forum had raised a number of items that he was particularly excited about. “As a passionate property person for quite a number of years, and committed to the innovation and transformation o

By John Minns To understand what people hate about real estate today take the example of Jess and Tom. The couple are excited. A new business opportunity, an interstate move, and the opportunity to build an exciting new life awaits.  Their problem? Making it happen. Selling their house, finding a new one, transitioning their kids schooling, arranging relocation, and all the other stressful logistics like managing global pandemics that together take the edge off their exciteme

By Kylie Davis The most common question I get asked these days is “how do I choose the right proptech?’.  The traditional way of approaching this question has been to understand all the new tech available, compare them to the problems you think need fixing in your business and to make a decision from there.  But with so many proptechs out there now, real estate agents and property owners are spoiled for choice and the options can feel overwhelming. Its a bit like being a kid

By Kylie Davis “Isn’t there some proptech out there that is just stupid and shouldn’t even exist?” This question was posed to me recently on a panel, with the expectation that I would agree and provide the real estate agents in the room (It was a blessed moment between lockdowns!) with permission to dismiss some proptech ideas.  And while I’m not going to deny that there are moments when some proptech pitches leave me wondering “okaaaaayyyyy…”, it is a great question because

Hologram projector screen with cloud system technology By Scott Willson Want access to accurate, up-to-the-minute information about your commercial property portfolio? Then it’s time to scrap the spreadsheets for good. Is your organisation still using 20th-century tools and methods to oversee your holdings, generate property valuations and run your property management operations? If you answered in the affirmative, you’re far from alone. The property sector has a well-deserve

By Kylie Davis The Australian proptech universe is currently estimated at around 650 businesses.  This recently prompted the question as to whether this meant that there was too many and “when would it all end?!”.  The question is interesting because it highlights the overwhelm many in the real estate and property industry feel when it comes to trying to keep up with the technology and innovation that is constantly being released. What it also highlights however is that the w

By Kylie Davis The inaugural Proptech Awards have been a huge success. While the real estate and property industries are famous for the frequency of their presentation of awards, this was the first time the innovation of industry suppliers was put into the spotlight and it shows the extraordinary ideas, passion and commitment that technology businesses are contributing to the real estate, property and construction sector.  At Proptech Association Australia, we wanted to creat