Australian AI suppliers push for sovereign procurement targets
By Sean Maguire ( October 7, 2026, 05:04 GMT | Insight) -- Australian artificial intelligence executives urged the government to set sovereign procurement targets and increase investment in local companies, warning that Australia risks capturing mainly lower-value benefits from AI such as data-center construction. They told a parliamentary inquiry that government reliance on foreign models, restricted access to contracts and uneven tax treatment disadvantage Australian suppliers. Vault Systems said public AI investment trails other countries, leaving the private sector to fill the funding gap.Australian artificial intelligence executives are calling on the government to adopt sovereign procurement targets and invest more in local companies to secure lasting benefits from the technology....
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