Treasurer's Report | WAITTA
2025 marked a significant milestone for WAITTA: our first full year operating on a calendar year accounting cycle, supported by an updated chart of accounts.
The shift wasn't just administrative. It's delivered something genuinely valuable — clearer visibility across every program, stronger budgeting discipline, and a more accurate picture of what it costs to run WA's premier technology and STEM programs. That foundation matters as we continue to grow.
Peter Malaxos
2025 Treasurer
The consolidated Profit and Loss for 2025 shows a net loss of A$14,570.79 across the organisation. It's important to read that number in context.
The 2025 P&L includes expenses already paid for CY2026 programs — costs committed ahead of time to support delivery in the year ahead. At the same time, a portion of income earned through 2025 programs remains outstanding and will be collected in 2026. When viewed on a true program-by-program basis, the financial position is more balanced than the headline figure suggests.
Total income across all programs reached A$202,506.21, against a cost of sales of A$149,519.94, delivering a gross profit of A$52,986.27.
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As at 31 December 2025, WAITTA holds A$63,868.55 in total assets, with total shareholders' equity of A$66,883.95, supported by A$81,454.74 in retained earnings. Current liabilities sit at -A$3,015.40.
The organisation remains in a stable financial position heading into 2026.
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This year, WAITTA engaged an external Financial Services Business Partner to conduct an end-of-year audit. The process confirmed improved accuracy and visibility across all program accounts — an important step in building the governance and financial rigour that a growing not-for-profit requires.
We thank our volunteer Board and financial team for their commitment to keeping WAITTA on solid ground, and look forward to building on this foundation in the year ahead.
Meet one of WAITTA's newest Board Directors, Dr Julie Boston, in this quickfire Q&A! Find out why Julie put her hand up to be a WAITTA Board Director, and her aspirations for WA's technology innovation talent and ecosystem.
Hot off the press: Nominations for the 35th INCITE Awards now close 15 April 2026!
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Co-Chairs Jess Etheridge and Cameron Zivkovic reflect on the 2025 INCITE Awards, celebrating Western Australia's innovation and technology talent with record attendance, national recognition, and community impact.
President Premila Jina reflects on the 2025 year for WAITTA, from a new name and renewed purpose, to growing STEM impact and celebrating success.
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WAITTA Patron Professo Lyn Beazley AO reflects on Western Australia's innovation achievements across 2025, and the organisation's renewed identity as the Western Australian Innovation, Technology & Talent Alliance.
WAITTA has released its 2025 Annual Report sharing insights into its three core programs as well as ongoing strategic work to uplift Western Australia's technology sector.
Six teams. Big ideas. One stage. At the West Tech Fest Young Entrepreneurs Showcase, six Game Changer Awards finalists stepped up and showed WA what the next generation of tech innovators looks like.
Presented by INCITE Awards Chief Judge Celia Jordaan, this free online briefing will help prospective nominees understand how to prepare a strong entry.
WAITTA and CERI have announced a new partnership for the 35th INCITE Awards, offering this year's Research & Development Award winner a major prize package worth $8,000!
Follow our step-by-step guide to nominating in the INCITE Awards, from what information to prepare through to presenting to the judges to awards night.
The Western Australian Innovation, Technology & Talent Alliance (WAITTA) has appointed five new Board Directors, marking a significant milestone as the organisation celebrates 35 years of championing WA technology innovation.
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This year's 35th annual INCITE Awards have been bolstered with the Cook Government providing $25,000 in sponsorship.
Celebrate the WA tech innovators in your life! Shoulder tap a mate for the 35th INCITE Awards, and help recognise the hard work and dedication of your colleagues, friends, and industry peers.
Nominations have opened for INCITE's Honorary Awards as part of the 35th program, recognising individuals and organisations who have made sustained and significant contributions to Western Australia’s technology innovation ecosystem. Find out how to nominate and key dates.
The 35th INCITE Awards have introduced a refreshed category framework designed to better reflect how technology is being developed, applied and scaled across Western Australia today. Learn more about the changes, and why now.
Nominations are open for the 35th INCITE Awards. Celebrating Western Australian technology innovation, the revamped categories offer stronger pathways to the national iAwards and APICTA. Enter now.
Buy your tickets for the milestone 35th INCITE Awards, Western Australia's pathway to the national iAwards and celebrating innovation, technology and talent excellence in our region.
Thinking about nominating for the INCITE Awards but unsure how to translate research into a strong submission? Our nomination masterclass - featuring two-time winner Curtin University's Healthy Connections - shares practical insights from their experiences.
Following 2019’s devastating Black Summer bushfires - triggered by small, undetected electrical issues on rural powerlines - Professor Ahmed Abu-Siada of Perth turned to technology to find a way to predict and prevent disaster.
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Watch highlights from the 10th annual Game Changer Awards - nurturing the next generation of Western Australian STEM leaders.
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From Minister for Science & Innovation Stephen Dawson, to former WA Chief Scientist Lyn Beazley AO and more, hear from the Game Changer Awards community about why STEM skills matter in Western Australia.
2026 Rhodes Scholar and MC of the 10th Game Changer Awards, Jamie Erak, shares how his different approach to pursuing a STEM career can inspire students who may not see themselves reflected in traditional pathways.
Former Game Changer Awards winner Cassidy Morgono shares how the program helped put her on the right career pathway.
WAITTA celebrates a landmark year with new executive leadership announced for 2026 with Premila Jina being appointed President and Jess Etheridge appointed Vice President.
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Western Australia's Norwood Systems has won gold at the 2025 Asia-Pacific ICT Alliance Awards for its AI-enabled Open Span Call Protect™ solution.
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Meet Michella Hill, developer of NEONATE-in-VR - a Western Australian and Australian award-winning solution helping paramedics save lives beyond the hospital.
Meet the team behind award-winning app Kawu Palya, and how innovation WA technology is empowering health decisions in the Pilbara.
Western Australia’s technology talent has once again proven its strength on the national stage, with several INCITE Awards winners and merit recipients recognised at the 2025 national iAwards.
With WAITTA announcing a new name, President Con Polkinghorne reflects on what the change means for the 34-year-old Alliance.
Not-for-profit WAITTA begins a new era in its 34-year history: Adopting a new name, the Western Australian Innovation, Technology & Talent Alliance.
Western Australia’s technology community is gearing up for the 15th putt4dough charity fundraiser this November, with all player group teams now sold out and the evening's guest speaker revealed.
WAITTA has appointed Adjunct Professor Anita Ghose, a leading voice in digital transformation and health technology, to its Board of Directors.
Thanks to the National Institute of Technology, a Game Changer Awards Platinum Sponsor, we’re backing the next generation of leaders and changemakers.
Read our guide on how high school students can align their Game Changer Awards STEM projects with the UN Sustainable Development Goals.
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"The Game Changer Awards is a really great opportunity to see the next generation of innovators, STEM professionals and inspiring bright minds here on our campus, showcasing their skills and talents."
Thanks to Kinetic IT, a WAITTA Platinum Sponsor, more of the next generation of Western Australian leaders are embracing STEM to create innovative solutions to global challenges.
Western Australian biotechnologist Associate Professor Dr Parwinder Kaur has been awarded Achiever of the Year at the 33rd INCITE Awards.
The 34th INCITE Awards have recognised achievements across Western Australia's technology sector, with major honours going to gender equity champions Tina Ambrose and Kay Hargreaves, and local technology company Norwood Systems.
Chris Morrissey, founder and Chief Executive Officer of Ever Nimble, has been named the 2025 Western Australian Pearcey Entrepreneur of the Year in recognition of his work in the IT and security managed services sector.
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The 34th INCITE Awards, presented by WAITTA, has named telecommunications software company Norwood Systems the Dr Mal Bryce Tech Company of the Year.
The 34th INCITE Awards celebrated Western Australia's top technology innovators on Friday, 18 July 2025, honouring gender equity leaders from Women in Technology WA (WiTWA) and naming Norwood Systems as Tech Company of the Year.
As the Game Changer Awards steps into its milestone 10th program, we are thrilled to announce Gena Rattan as our Chief Judge for 2025.
To recognise the increasing shift in technology towards adopting sustainable approaches, the INCITE Awards has introduced a new category. Learn more about the Sustainability and Environmental Impact Award.
The Game Changer Awards is celebrating a decade of fostering Western Australian students' love for STEM. We're taking our investment in future talent to the next level by launching the Game Changer Academy with Bloom - will you join us as a sponsor?
We’re proud to share the WAITTA FY24 Annual Report - a look back at a year dedicated to celebrating, connecting and championing WA’s thriving technology profession and community.
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Get ready to swing into action: Registrations for 2025 putt4dough are officially open! Now in its 15th year, putt4dough continues to unite Western Australia’s technology community for a day of connection, competition and community impact.
We celebrated our volunteers during National Volunteer Week with storytelling from past INCITE Awards alum about the power of mentoring provided via WAITTA partner Mentor it Forward.
Announcing the finalists of the 34th INCITE Awards, celebrating Western Australia's top technology and innovation achievements in 2025.
As a Bronze Sponsor of the Game Changer Awards, e2 Young Engineers Australia is inspiring the next generation of innovators to think creatively, problem-solve with purpose, and use STEM to tackle global challenges.
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Thanks to Strategic Transformation Advisory, a Game Changer Awards Bronze Sponsor, we're seeing the next generation of Western Australian leaders use STEM to solve world challenges.
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As we shine a spotlight on Western Australia’s visionaries in the technology sector, we invite you to join the celebration by nominating yourself or someone you know in our honorary awards.
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