Cost pressures leading companies to consider increasing prices, ending production altogether: AFGC

The Australian Food and Grocery Council, the peak industry lobby for that sector, has warned that manufacturing costs have soared and are threatening the viability of its members. In a statement on Tuesday, the AFGC said while some costs – including for some commodities, energy, and shipping have slightly moderated – others are increasing, and…

InfraBuild first distributor in traceability

Steel manufacturer and distributor InfraBuild has become the first distribution business in Australia to secure accreditation under the Australian Steel Institute’s traceability standard. With the ASI, Steel Compliance Australia has awarded InfraBuild Steel Centre Dandenong the accreditation under AS/NZS 5131. The Australian Steel Institute amended the current standard to include traceability measures in the current…

Australia is axing a $7bn military satellite project, leaving defence comms potentially vulnerable

By David Tuffley, Griffith University In a significant blow to Australia’s defence capabilities, the federal government is cancelling what would have been the nation’s largest-ever space project: a A$7 billion military satellite communications system. The decision was confirmed in a press statement today. It comes just 18 months after the Albanese government gave the green…

Defence cancels Satellite Communications System

The federal government has unexpectedly axed what was an iconic project to deliver an Australian Defence Satellite Communications System that would provide the ADF with a sovereign military satellite communications (MILSATCOM) system. Project JP9102 was to have been delivered by prime contractor Lockheed Martin Australia, with the company bringing in a growing number of local…

Telstra report uncovers Australia’s $53 billion opportunity in senior leader connection

SPONSORED ARTICLE New research by Telstra has found a lack of connection between senior business and public sector leaders could mean a missed opportunity of about $53 billion in revenue annually across large Australian organisations. Telstra’s Return on Connection report quantifies the value of human-to-human connection for leaders, their organisation and the industries they support,…

Optiscan to develop AI gastrointestinal endomicroscope

Optiscan Imaging and Monash University have agreed to work together on its its project to develop the next-gen gastrointestinal (GI) flexible endomicroscope and Edge-AI-enabled technology. The agreement represents a further extension of the longstanding relationship Optiscan has with Monash University, with the company’s technology originally created at the university. AI capabilities are critical to Optiscan’s…