EOS targets weapons systems sale to Ukraine

Canberra defence manufacturer Electro Optic Systems is in active negotiations to supply its remote weapon stations (RWS) and spare parts to Ukraine as it continues to resist Russian invasion. The company confirmed in an investor update that the negotiations covered a ‘significant number’ of the systems which allow troops to operate weapons such as machine…

Rescuing the Productivity Commission from itself – By Phillip Toner and Roy Green

With the federal government moving to reform its economic advisory body, the Productivity Commission, attention has turned to the outcome of the PC’s decades-long dominance of policy advice to the government – a fragile and narrowly-based resources-driven economy. Here, Phillip Toner and Roy Green outline why the PC must be fundamentally changed. As federal Treasurer…

Vast Solar gets Australia and German backing for methanol project

Concentrated solar thermal power (CSP) company Vast Solar, and the Solar Methanol Consortium have been selected to receive $19.48 million (EUR13.2 million) from an Australian-German collaboration fund, HyGATE, to develop a world-first green methanol demonstration plant, SM1 in Port Augusta in South Australia. Methanol is the most versatile hydrogen derivative which, if produced using clean…