Plant-based food manufacturer Forbidden Foods has reported sales of $577,857 for the first two months of the calendar year, a 147 per cent increase on the corresponding period in 2024, as the company beds down its acquisition of Oat Milk Goodness (OMG) last September. In a statement on Monday, the ASX-listed company said the news…
By Ehsan Noroozinejad, Western Sydney University Australia is in the grip of a severe housing shortage. Many people are finding it extremely difficult to find a place to live in the face of rising rents and property price surges. Homelessness is rising sharply. Tent cities are becoming more common. The federal government has pledged to…
By Christopher Ferrie, University of Technology Sydney American quantum computing startup PsiQuantum announced on February 26 that it has cracked a significant puzzle on the road to making the technology useful: manufacturing quantum chips in useful quantities. PsiQuantum burst out of “stealth mode” in 2021 with a blockbuster funding announcement. It followed up with two…
The federal government has announced $5 million in new funding, which it says will make the Australian Made logo “more recognisable across the globe” and support new activities under the Australian Made Export Initiative program. In a short statement on Sunday, industry minister Ed Husic said the grant will be administered over three years from…
The Australian government has a job to do: to decide not just how we deal with President Trump’s intended tariff regime, but what we do with the responses to those tariffs from major manufacturing territories such as India, China, ASEAN and the EU. By Julie Harrison. The Trump administration has introduced tariffs in its first…
Collapsed architectural glass maker Oceania Glass has been unable to find a buyer since going into administration earlier this month, with 56 employees made redundant ahead of the closure of its Dandenong factory. According to a statement from administrators Grant Thornton on Thursday, there is a potential for another 95 redundancies “over the coming weeks”…
Industry-research team progresses DAC technology The Woodside Monash Energy Partnership is advancing carbon reuse and recycling through a Direct Air Capture (DAC) innovation, designed to help carbon dioxide commodity users rapidly decarbonise, according to a statement on Tuesday from Australia’s Economic Accelerator (AEA.) The DAC project, which has been supported by a AEA Seed grant,…
Southern Ocean Subsea (SOSUB), a maker of underwater remotely operated vehicles (ROVs), recently began exports to Norway of its world-first ROV for inspecting and repairing salmon aquaculture nets. According to a statement from Tasmanian innovation minister Madeleine Ogilvie, visiting the company’s workshop, SOSUB is “a textbook example of Tassie innovation”, harnessing “niche and island capabilities…
Steve Camilleri, the CTO and co-founder of cold spray additive manufacturing business SPEE3D, has said in a new essay that the nation must back its innovators and stop squandering its opportunities. Darwin-based Camilleri – who has co-founded two companies commercialising globally-relevant, Australian-developed technology – argues that the country has repeatedly lost out and allowed world-leading…
A composite particleboard product containing 30 per cent crumb rubber from tyres is “technically viable and commercially promising”, according to Tyre Stewardship Australia, which helped fund its development. According to a statement from TSA on Wednesday, Forest Products Innovation (FPI) researchers at Queensland Department of Primary Industries tested two questions: whether crumb rubber could replace…
