News

Aust-US begin strategic industries partnership

The inaugural Australia-United States Strategic Commercial Dialogue was held last Thursday, cementing bilateral commitments to sustainable investment in areas of common commercial interest such as critical minerals and supply...

Efficiency of Open Banking system improving

A report from FinTech firm Frollo has revealed an improvement in data sharing through Australia’s Open Banking system. Frollo operates an Open Banking platform that facilitates the transfer of...

Manufacturing war chest intact for run up to election

The Prime Minister and the Industry Minister are sitting on an estimated $456 million in manufacturing grant announcements in the lead up to the May election, with Labor raising...

Accenture brought in to deliver election modernisation program

Accenture has been brought in by the federal government to deliver the long-awaited and much-needed election modernisation program, with the Irish-domiciled consulting giant to replace the near-30 year old...

Patent box scheme changes still don’t go far enough

The revamped patent box scheme still doesn’t go far enough and is uncompetitive with comparable jurisdictions, BDO R&D partner Nicola Purser says. The new version of the scheme, announced...

Latest MMI grant serves $23 million to precision medicine

The latest grant under the Modern Manufacturing Initiative is worth $23 million and will support the production of precision medicine and theranostics in Australia. The MMI collaboration stream grant...

‘No savings’ from $150m grants hub program: ANAO

There is “insufficient evidence” that the federal government’s $150 million program to streamline grants has delivered any benefits, and the scheme has failed to achieve three of its four...

WA rare earth refinery scores $1b Commonwealth loan

The federal government has announced a $1.25 billion loan for the development of Australia’s first integrated rare earth metals refinery in Western Australia. The loan will support the construction...