Australia has committed $1.6 billion to help research projects become commercialised. Here’s what the money will do

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By Rajat Roy, Bond University and Vik Naidoo, University of Sydney The federal government is investing $2.2 billion for university research commercialisation which would place “university innovation and industry collaboration front and centre of Australia’s economic recovery.” Part of this funding includes $1.6 billion over ten years for Australia’s Economic Accelerator – a new competitive…

Quickstep wins Jetstar maintenance contract expected to net up to $35 million

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Quickstep has been awarded a three-year Asia-Pacific maintenance contract with Jetstar Airways, worth an expected $30 – $35 million and with services expected to begin in April. ASX-listed Quickstep and Triumph Aviation Services Asia led the tender response for the MRO contract, covering Jetstar’s Airbus A320 fleet’s V2500 engine nacelles. Quickstep and TASA announced a…

Australia plans to be a big green hydrogen exporter to Asian markets – but they don’t need it

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The government aims to create a major green hydrogen export industry, particularly to Japan, for which Australia signed an export deal in January. But as our latest research suggests, the likely scale may well be overstated. We show Japan has more than enough solar and wind energy to be self-sufficient in energy, and does not need to import either fossil fuels or Australian green hydrogen. Indeed, Australia as a “renewable energy superpower” is far from a sure thing.