Tag: Modern Manufacturing Initiative

Govt claws back another $2.4m in MMI grants

Posted on   |  by Justin Hendry
The federal government has recovered another $2.4 million from companies that received Modern Manufacturing Initiative grants, bringing total clawbacks from the Morrison-era program to more than $44 million. Nearly...

Feds chase $11m in debts from Morrison-era manufacturing grants

Posted on   |  by Justin Hendry
The federal government is chasing more than $11 million from companies that underspent or abandoned projects that received grant funding through the Modern Manufacturing Initiative. The outstanding amount has...

MYEFO cuts $102m from Industry Growth Program

Posted on   |  by Justin Hendry
The Albanese government will cut $102 million in uncommitted funding from its flagship early-stage commercialisation initiative designed to help startups bridge the funding gap. The Industry Growth Program (IGP)...

$71m NSW satellite manufacturing hub canned

Posted on   |  by Justin Hendry
A $71 million satellite manufacturing hub planned for the outskirts of Canberra has been canned by a consortium of aerospace and defence firms in the wake of the Albanese...

‘Could not deliver’: Husic defends MMI grants decision

Posted on   |  by Justin Hendry
Industry minister Ed Husic has defended his department’s decision to withdraw $442 million in grants announced under the former government’s Modern Manufacturing Initiative, saying tough “decisions had to be...

Industry dept cancels $440m in MMI grants

Posted on   |  by Justin Hendry
Almost half the grants offered under the largest stream of the former Morrison government’s flagship manufacturing grants program have been withdrawn by the federal Industry department. In a $440...

Australian Space Park backers exited before SA govt pivot

Posted on   |  by Justin Hendry
Two of the four companies behind plans to build Australian Space Park in Adelaide had already withdrawn from the joint venture when the South Australian government pulled its funding...

Industry told of space park U-turn only hours before

Posted on   |  by Justin Hendry
Industry players bidding to operate part of the Australian Space Park in Adelaide were notified of sweeping changes to the project on the same day that the South Australian...