Agrimin’s $1 million tax rebate Minerals business Agrimin has announced receipt of a tax refund worth $1.0 million under the Research and Development Tax Incentive program, related to R&D expenditure incurred for the Mackay Potash Project during the year ended June 30, 2023. The refund includes eligible overseas R&D expenditure. Debbie Morrow, Managing Director and…
Smart technology developer GoPro Inc. has bought Forcite Helmet Systems, a pioneer in embedding technology into helmets including those used by motorcycle riders. The NASDAQ listed company GoPro intends to accelerate Forcite’s vision to provide a safer, more dynamic motorcycling experience through tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets…
Allied Corporation will become the first company in Australia and only the 13th in the world to make Google Chromebook laptops, with Cleve Area School and Murray Bridge High School the first schools to use the new computers. “A very big day for us, as we welcomed Premier Peter Malinauskas and Minister Nick Champion to…
The federal government has announced that it will spend $70 million towards development of Tasmania’s Bell Bay hydrogen hub, which will create a claimed 45,000 tonnes of renewable hydrogen a year and about 740 jobs, and be completed “by early 2028”. According to a joint statement on Thursday morning from federal energy minister Chris Bowen…
By Toby Walsh, UNSW Sydney Today, the federal Minister for Industry and Science Ed Husic revealed an interim response from the Australian government on the safe and responsible use of artificial intelligence (AI). The public, especially the Australian public, have real concerns about AI. And it’s appropriate that they should. AI is a powerful technology…
WA offers new Defence Ready Initiative grants The Western Australian government has opened applications for the latest round of Defence Ready Initiative grants to support local businesses in the defence sector. The purpose of the $200,000 investment is to assist small and medium enterprises enhance their capability, capacity and competitiveness to enter or expand their…
Automotive manufacturer Fusion Capital has lost the right to use the iconic Brabham name on its BT62 track racing supercar (pictured). Manufactured in a corner of a bus factory in Adelaide, 100 BT62’s are being made, with the BT63 GT2 Concept a specially designed second model. The BT62 features a mid mounted, quad cam, longitudinal…
Wave energy technology developer Carnegie Clean Energy has announced that a scaled demonstrator version of MoorPower has been deployed at its testing grounds off Fremantle, Western Australia. MoorPower is a wave-to-energy system designed for use on aquaculture barges and vessels. Among the companies as part of the Blue Economy CRC-supported project are aquaculture companies Huon…
New statistics from the Australian Securities & Investment Commission released halfway into the financial year show 243 manufacturing companies became insolvent during July – December 2023, compared to 235 and 84 for the same period in 2022 and 2021. In a statement from federal opposition industry spokeswoman Sussan Ley recapping recent collapses, the government’s “failed…
By Stephane Marouani As the adoption of AI grows across countless industries, it continues to enable impactful progress and revolutionise various aspects of technology and human interaction. Forrester predicts that Enterprise AI initiatives will boost productivity and creative problem-solving by 50 per cent in 2024. AI will impact the work of engineers and educators alike, saving…
