Fewer than 5 per cent of projects funded by federal government’s flagship Defence innovation program have gone on to export success, and just 7 per cent have been close...
Advanced Manufacturing
Posted on
| by Peter Roberts
The main focus for Melbourne electric vehicle drive train manufacturer Sea Electric has shifted to the United States – after all, you have to be close to your biggest...
Posted on
| by Joseph Brookes
A $560 million cobalt mining and processing project near Broken Hill has been granted Major Project Status by the federal government in recognition of its national significance, paving the...
Posted on
| by Brandon How
Fortescue has announced the development of an electric train that recharges itself using gravity, as the Australian resources giant finalises its acquisition of UK-based Williams Advanced Engineering. Fortescue is...
Posted on
| by Joseph Brookes
A Senate report has cast doubt on Australia’s ability to avoid a ship building industry “valley of death” because of uncertainty over whether nuclear powered submarines can be built...
Posted on
| by Brandon How
The national batteries industry could generate more than $7 billion annually by 2030 if the government adopts a number of initiatives to back the growing sector, according to the...
Posted on
| by Peter Roberts
A blueprint for a new National Industrialisation Strategy has been issued in the runup to the federal election that could guide a reindustrialisation of Australia. The blueprint, High Value Manufacturing...
Posted on
| by Brandon How
CSIRO’s innovation fund Main Sequence Ventures has led a $39 million investment into RIOS Intelligent Machines which will see the US-based AI factory robots firm come to Australian shores....
Posted on
| by Joseph Brookes
The taskforce scoping Australia’s options for acquiring nuclear powered submarines has had its “defining month” in February, passing 200 members and gaining access to a nuclear information sharing agreement...
Posted on
| by Joseph Brookes
Just $85 million has been released from the federal government’s flagship $1.5 billion manufacturing program since it was announced in 2020. The biggest grants are currently being held up...
Posted on
| by Denham Sadler
The Opposition says government missed a significant opportunity to rebuild Australian manufacturing around vaccines and rapid antigen tests, labelling the Coalition’s flagship $1.2 billion Modern Manufacturing Fund a “complete...
Posted on
| by Brandon How
Sydney-based motorcycle technology company Forcite has raised almost $6 million in its latest funding round, money that will be used to fuel global expansion. Founded in 2013, the firm...
Posted on
| by Joseph Brookes
As industry policy is reconsidered around the world, Australia’s federal Opposition says it’s time to move on from “dogmatic” notions of not picking winners, promising to direct a $15...
Posted on
| by Joseph Brookes
There are fresh calls for more strategic government procurement policies after a manufacturing inquiry heard the current rules and international trade deals are undermining the Australian industry. Currently there...