Adelaide-based start-up, Memory Box Backup, has revealed it is seeking to raise $1.5 million in capital to take its technology onto the world stage, and believes it has the potential to list on the Australian Stock Exchange.

Telstra has unlocked significantly higher speeds on its Next G mobile broadband network. But consumers will have to wait a little longer to take advantage as business and government customers first in line.

Communications Minister Stephen Conroy this afternoon opened fire on Tony Abbott, labelling him a “luddite” for not having appearing to have anything to do with his party’s technology policies, on a day in which the Canberra press gallery also criticised the Opposition Leader on the issue.

Both the Labor and Greens parties this afternoon opened fire on the Coalition’s rival broadband policy revealed this morning, in an ICT sector election debate that at times saw Communications Minister Stephen Conroy and his shadow Tony Smith at each others’ throats.

The Coalition reveals $6 billion rival broadband policy to Labor’s National Broadband Network project. The central planks are a competitive backhaul network, regional and metropolitan wireless networks and an ADSL enrichment program that will target telephone exchanges without ADSL2+ broadband.

High-profile Liberal MP, Malcolm Turnbull, has slammed Labor’s National Broadband Network Policy in impassioned comments to a Sydney audience, describing it as “a gigantic torching of taxpayers’ money” and claiming most of Australia doesn’t want 100Mbps fibre internet.