Financial Vibe Shift

Things to note

Broadcom finally completed its acquisition of VMware on 22 November. Now we get to find out if the predictions I made when talking to The Register will come true. PivotNine clients already received a briefing paper on this last week.

Australia has a new cybersecurity strategy. It contains a baffling list of 6 “cyber shields” and an action plan that seems to be mostly about raising awareness. There will be a slush fund of grants, though, so get those snouts ready for en-troughening. Public money slurry is the best slurry.

Get in quick, though, because there’s only AUD $587 million funding over 7 years which is only AUD $84 million a year. Just the OAIC’s estimated budget for 2023-24 is $50 million, by way of comparison.