Australian quantum startup Diraq has landed a $20 million federal government investment as it competes with tech giants worldwide to build a commercially useful quantum computer in the next...
The federal government has unlocked billions in new off-Budget lending through its export credit agency, which will also gain new price-fixing powers for critical minerals later this year. New...
The National Reconstruction Fund Corporation (NRFC) has taken a $20 million preferred equity stake in a Sydney neurotechnology startup to help fund its plans for local research infrastructure and...
A $45 million government loan for Arnott’s Group to futureproof its production lines has been slammed as “a bailout” by the Opposition, with the iconic biscuit maker refusing to...
A Sydney-based company developing smart meters and virtual power plant software will receive a $100 million loan from the National Reconstruction Fund, in its first debt investment targeting renewable...
Patties Food Group has secured a $36 million loan from the National Reconstruction Fund Corporation to modernise its production facilities. The company is the producer of iconic Australian pie...
The federal government’s $15 billion industry fund has made its biggest defence bet yet, approving a $150 million loan to Australia’s leading F-35 Joint Strike Fighter Program supplier. The...
The government is facing criticism for “tinkering” with its arm’s length industry fund after a third of its available $15 billion allocation was diverted to fresh net zero plans,...
The government has been ordered to hand over documents about how its $15 billion industry fund is tracking the impact of its investments after concerns about a lack of...
The National Reconstruction Fund Corporation has made its second investment in Australia’s critical minerals sector, committing $50 million to Liontown Resources’ flagship Kathleen Valley lithium project in Western Australia....