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Aussie battery firm gets EU nod after Canberra walks away

A Queensland critical minerals company that paused its Australian operations after losing a $120 million federal grant has had its refinery designated a strategic project by the...

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Love Me Tender: Systematic wins $98m Army software deal

The Australian Department of Defence has signed a $98 million contract with Danish defence software company Systematic for the first tranche of the Australian Army’s next-generation...

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Matt Comyn: Australia must retain economic value of AI

Commonwealth Bank chief executive Matt Comyn says Australia must ensure more of the economic benefits created by AI remain in the country while regulation should work to build trust in...

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Landmark NSW procurement laws pass parliament

Generational procurement reforms promised by NSW Labor in 2023 were delivered on Tuesday when Parliament passed legislation to channel more government spending to local firms and...

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Govt, opposition in lockstep on AI training outposts

US outposts in Australia to train frontier artificial intelligence models would build up local capability and lift productivity, Industry minister Tim Ayres said Tuesday in the latest...

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Industry dept pushed for govt to exit global astronomy program

The Department of Industry, Science and Resources urged its minister Tim Ayres to abandon membership of a global astronomy program, advising the research and reputation hit should be...

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‘Brutal session’ for chip stocks shows AI trade is now turning

A selloff in AI supplier shares is the strongest sign to date that the mood on the trade of the decade is shifting, with worries rising interest rates could scupper a spending spree...

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$31m boost for robots to speed up solar farm builds

Australia's renewable energy agency is investing $31.1 million into robotics manufacturing facilities to speed up solar farm construction using technology already that works under...

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‘Major party stitch up’: Pocock hits out at AI inquiry

A parliamentary inquiry into AI is being used to “serve a political purpose”, independent senator David Pocock says, branding its initial recommendations a stitch up by the major...