Canberra launches manufacturing modernisation fund

The federal government has announced details of its $160 million Manufacturing Modernisation Fund. The fund, revealed in the federal budget, would help manufacturers become more competitive by co‑funding investments in new technologies, said industry minister, Karen Andrews. Andrews said: “The fund will provide grants to small and medium manufacturing businesses so they can invest in…

Health and sustainability market could be worth $25 billion to Australian producers by 2030

By Katherine Wynn, CSIRO Growing interest in healthy and sustainable lifestyles could be worth about A$25 billion and make up about 10% of the value of Australia’s food and agribusiness sector by the end of next decade. These projections are made by Australia’s industrial research agency, CSIRO, in an economic analysis published today. The high…