Manufacturing bounces back after worst of Omicron

Manufacturing recovered after a difficult holiday period, according to the Australian Industry Group’s Australian Performance of Manufacturing Index survey. The PMI result for February was 53.2, up 4.8 points from December-January.  Any result above indicates expansion, below it contraction, and 50 indicating no change. According to a summary of the results, these indicated “mild improvements…

Applications open for six-month circular economy accelerator

Sydney’s Boomerang Labs is taking applications for its free six-month accelerator program for circular economy entrepreneurs. Between six and ten applicants will be selected for the accelerator, which is sponsored by EY, Bingo Industries and the NSW Environment Protection Authority. The program is split into Foundations, Partnerships, and Capital Raising modules. Applications are open until…

Swedish EV company wants Australian manufacturers to help ‘eliminate every single emission’ in its supply chain

Australian researchers and businesses have been invited to be a part of a moonshot project led by electric vehicle company Polestar, which aims to launch a “truly climate-neutral” car for release in 2030.  The Swedish auto company announced its Polestar 0 project in April last year, and this week it is seeking expressions of interest…