Six firms share export capability grants

The federal government today announced more than $1.2 million in Defence Global Competitiveness grant funding to boost the export capability of six Australian small businesses. Perth’s Orbital Corporation received $195,624 to expand its production capability for engines and flight componentry for tactical unmanned aerial vehicles. Brisbane-based Gaardtech will use its grant of $166,000 to buy…

WA’s $100m new industries fund

The Western Australian government’s 2021-22 State budget is investing in manufacturing including green steel, green hydrogen and battery metals, with the establishment of a $100 million Investment Attraction and New Industries Fund (IANIF). The fund aims to support economic diversification and find new opportunities in industries that are only just emerging. The fund will support…