Incitec Pivot’s fertiliser business heads for foreign control

Yet another Australian manufacturing operation is heading for foreign control with fertiliser and explosives business Incitec Pivot confirming it was negotiating the sale of its fertiliser manufacturing to an Indonesian company. IPL’s CEO & Managing Director Mauro Neves told investors the company had continued to progress the structural separation of its fertiliser and explosives businesses.…

First Graphene, Bisley & Company reach distro deal

Nanomaterials developer and producer First Graphene has announced a five-year distribution agreement with privately-owned industrial products distributor Bisley & Company. According to an ASX announcement from First Graphene on Thursday, the non-exclusive distribution deal will see the company’s PureGRAPH sold throughout Australia and New Zealand through Bisley, and represented “a significant milestone” in its commercialisation…

For a ‘future made in Australia’, we need more innovation and diverse people in science and tech

By Kylie Walker, Australian National University This year’s federal budget is making up for decades of lost time – both in our clean energy transition and in betting on new technological breakthroughs. The Future Made in Australia Act holds tantalising potential for building Australian science, research and development. The aim is to turn Australia into…

Breakthrough Victoria backs Neo-Bionica

Bioelectrical medical device developer Neo-Bionica has secured an investment of $5 million from Breakthrough Victoria, which will accelerate its growth both domestically and internationally. Neo-Bionica is a Melbourne advanced MedTech manufacturer that specialises in providing commercialisation and manufacturing services to develop AI-powered implantable and wearable medical devices. The company’’s expertise includes developing devices designed to…

Towards 3% R&D – Knowledge diffusion a key by Elliot Duff

Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Elliot Duff identifies the issue as a lack of capability in diffusing knowledge through the economy to its grass roots. Knowledge Diffusion in Australia While doubling R&D spending to 3% will help turbo-charge the Australian innovation system, it is essential…

Reactions to the federal budget

A welcome focus on growing Australian capability Industry-research collaboration advocate Cooperative Research Australia (CRA) has praised the focus on growing Australia’s science and technological performance, continued support for Cooperative Research Centre (CRC) funding, and plans to transform Australian R&D. Budget 2024 “has put education, research, manufacturing and industrial transformation at its core” said CRA CEO…