Tag: Investment

PC casts doubt on Australia’s ‘activist’ AI support

Posted on   |  by Brandon How
The Productivity Commission believes Australia is not well positioned to produce its own advanced artificial intelligence models and doubts the productivity benefits of “activist government ‘sponsorship’” across the AI...

Ivan Power named inaugural NRF chief executive

Posted on   |  by Brandon How
Former Macquarie Group executive Ivan Power has been named the inaugural chief executive of the National Reconstruction Fund Corporation. Mr Power, who has nearly 25 years’ experience in finance,...

ASCA spends $1.2m on 11 aerial drone prototypes

Posted on   |  by Brandon How
The Defence department’s Advanced Strategic Capabilities Accelerator has signed contracts worth $1.21 million for the delivery of 11 different prototype drones as its first innovation incubation challenge moves to...

SQC to buy more silicon from Silex Systems

Posted on   |  by Brandon How
Local laser enrichment firm Silex Systems has secured a commitment from Silicon Quantum Computing to buy more of the key inputs necessary for silicon-based quantum computing. The ASX-listed company...

Industry R&D investment expectations fall to decade low

Posted on   |  by Brandon How
Most industrial businesses have no plans to lift their spending on R&D this year despite reporting a positive investment outlook, according to an annual survey of industry leaders in...

Almost 250 manufacturers go bust in six months

Posted on   |  by Brandon How
Nearly 250 manufacturers collapsed amid sustained high inflation and higher borrowing costs over the past six months, new data from Australia’s corporate watchdog shows. The increase in insolvencies comes...

Industry Growth Program appoints familiar new advisers

Posted on   |  by Brandon How
The federal government has appointed the first 17 advisers for its new Industry Growth Program, many of which delivered similar services under the Coalition’s Entrepreneurs Programme. Of the 17...