The recently-updated economic complexity rankings from Harvard University have seen Australia falling eight places to rank 91st in the world. The rankings are based on a country’s diversity and sophistication of exports, with Australia’s drop in the rankings described as “driven by a lack of diversification of exports” by Harvard. ”Australia is less complex than…
Welding technology showcased in Mackay BOC, Weld Australia and Diverseco celebrated the launch of Weld Australia’s newly-formed Mackay Committee with a technology showcase at BOC Mackay’s Gas and Welding store last week. The event was attended by Geoff Crittenden, CEO of Weld Australia, and a panel of welding industry experts who delivered interactive demonstrations featuring…
A team of Swinburne University researchers has published what they say is the first detailed study of its kind on metal production on another planet. In a statement on Friday, Swinburne said the team, led by Swinburne’s Professor Akbar Rhamdhani, was developing a process that could take processed Martian air, dirt and sunlight to create…
Meghan Quinn has been named as the incoming secretary of the Department of Industry, Science and Resources, beginning her five-year term on August 22. Quinn’s public sector career has been focussed on the treasury department, and has been Deputy Secretary of the Markets Group since June 2020. Prime minister Anthony Albanese said in a statement…
Gold Coast company Ryan Aerospace is fast taking over the world’s virtual reality simulator market. The organisation supplies helicopter and jet flight training simulators to the United States Air Force, Army and Navy, as well as England’s Royal Airforce, changing elite pilot training and revolutionising the world’s most famed fighter pilot and weapons schools. Managing…
The owners of the Nikep Dairy Farm in southwest Victoria say they have cut reliance on grid energy by 95 per cent after installing a 250kW rooftop solar system and 520kWh battery system made by Energy Renaissance in Tomago, NSW.
ASX-listed packaging and recycling business Pact Group has announced a target to reduce scope 1 and scope 2 emissions by 50 per cent by 2030 across its Australian and New Zealand operations. The company – which operates five recycling facilities in Australia, including the recently-opened $50 million JV in Albury-Wodonga with Cleanaway, Asahi Beverages and…
CSL finalises purchase of Vifor Pharma Australian biotech and vaccine manufacturer CSL has finalised all regulatory clearances for its $17.2 billion all cash takeover of a complementary healthcare business, Swiss pharmaceutical manufacturer Vifor. Completion of the acquisition, announced in December will now take place by 9 August. CSL CEO Paul Perreault said the Vifor business…
Kawana-based engineering company Manuplex has been awarded “more than $500,000” in assistance through the Queensland Manufacturing Hubs Grant Program, which will contribute to purchasing four new steel rollforming machines and CAD software.
Flinders develops new wave energy system A prototype system for harnessing power from ocean waves designed by Flinders University researchers delivers a robust generator made from recycled material that promises to help address small-scale local energy requirements and environmental pollution issues with further R&D, according to the university. The ‘green machine’, designed around a wave-driven triboelectric…
