A proptech platform, designed to enable fast and efficient land transactions between residential developers and home builders, has created a new site function for managing exclusive stock agreements. On the back of its successful launch late last year, LandNow has responded to the strong market demand in Western Australia for new homes to create the latest software upgrade for land developers.  Simple to use, the Exclusive Release function allows land developers to prioritise

REACH Australia and New Zealand has announced its largest annual cohort with nine trailblazing companies to participate in the accelerator program for 2024. Created by early-stage technology fund Second Century Ventures, and backed by the National Association of Realtors®, REACH is marking its fifth year of operations in ANZ. The 2024 cohort will officially meet and begin working together at the REACH GENESIS Conference in Brisbane from March 14 to 16. REACH Australia Managin

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

Mandatory guardrails to promote the safe design, development and deployment of artificial intelligence systems are being considered following the Australian Government’s consultation on AI. Minister for Industry and Science Ed Husic said the Government had consulted with industry and the public to build the trust and transparency in AI that Australians expected. The consultation process followed the Department of Industry, Science and Resources release of the Safe and Respons

The Australian Government is seeking industry help following the launch of a $17 million Artificial Intelligence Adopt Program. The new program will establish up to five AI Adopt Centres across the country to support Australian businesses integrating AI into their work systems. The Government is seeking applications from Australian businesses, industry partners and research institutions to deliver training and upskilling packages as part of the program. Grants of between $3 m

MRI Property Tree users can now access the latest in sensor technology in the home to improve the safety of tenants and reduce risk for landlords through a new smoke alarm integration with Australian proptech startup, Sensor Global. Sensor Global has developed a revolutionary new automated ecosystem that uses IoT (Internet of Things) technology connecting rental property smoke alarms to the cloud allowing them to be managed and tested remotely, to better ensure tenant safety

PROPTECH BY THE NUMBERS  189 members 5528 LinkedIn followers 1919 mailing list  153 award entries 120 award finalists  33 award winners 9 proptech panels hosted 13 roundtables 4 live networking events 2 government consultation 1 invitation to a government advisory committee 1 position paper 30 podcast interviews with members 8 new advisory committee members Introduction “Failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance

In FY23 we saw steady growth of our membership and more enthusiasm and support for our flagship events – our Awards and Forum. We were also able to have some dedicated support to help our members and do some more advocacy work. Our income was $197K compared to $163K last year. Proptech memberships accounted for  $65K, steady from last year Associates for $14K, a 100% increase from last year As at 30 June 23,  the Awards event had generated $43K of income from tickets, and spo

Disruptive proptech company LandNow is bringing builders and developers together with a live online  marketplace to manage, search and secure land. In a first for the industry, prop-tech startup LandNow launched in November in Perth, with a massive 200 RSVPs from the building and property development industry gathering in one room. Hosted by comedian Arj Barker, and joined by LandNow’s founders and advisory board, the event was deemed a roaring success by those who attended,

Is the plethora of data available in the property sector making us complacent? Jessica Christiansen-Franks, cofounder of Commercial Proptech of the Year at the Proptech Awards 2023, Neighbourlytics, discusses the use and misuse of data in real estate, the rise of arbitrary boundaries and how we need to resolve availability bias to build better proptech. Jessica Christiansen-Franks Wasn't really sure how to frame this. I didn't know if the morning would be full of people talki

Big established suppliers have been snapping up proptechs over the past 18 months. What do they look for in an acquisition, how do you approach them if you want to sell out and what should you expect after the deal is done? Is it the opportunity of a lifetime or should you be careful what you wish for? Jennifer Harrison Okay, the last session of today is how to sell your prop tech to business. My first questions are to Steve, who is here from MRI Software. And I might just c

Building an effective tech stack is all important but without sales your Proptech is dead in the water. So why do so many proptechs see sales as an expense? Domain's John Foong has an extensive history running sales and growth teams for Google and Uber - as well as aid projects in Africa. He shares his winning lessons for growing a successful Proptech. John Sun I run a team of hundred engineers looking after listings and Agent solutions products like Pricefinder and real base

New open source data from CSIRO is going to create a tsunami of opportunity for proptechs in residential and commercial energy...

Housing and rental affordability is one of the most pressing issues of our time. What are the key issues, how are governments intending...

The Proptech Association Australia has released a new map of the national proptech ecosystem that shows the dynamic growth of the sector.  The 2023 Australian Proptech Map identifies 478 different proptech products,  startups and established companies across eight major categories revealing the key areas where solutions are both established and emerging.  The data reveals that the proptech ecosystem has grown 2.5 times since the industry was last mapped in 2019.  “The 2023 Au

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