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Four Australian startups raised a combined $31 million this week, according to SmartCompany’s funding round-up. Sydney’s MP Space raised $23 million in seed funding, led by Blackbird, to build spacecraft power systems in Australia. The money will go to manufacturing and growing its engineering team. Adelaide AI robotics startup Metacognition received $5 million from Airtree,
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The Fair Work Ombudsman received a record 31,596 anonymous tip-offs in 2025-26, up 23% from 25,608 the year before, according to its latest annual report. The regulator recovered $453 million in unpaid wages and entitlements for more than 181,000 workers, a 27% jump. It also lifted proactive investigations by 86% to more than 2,680. Hospitality
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