Defence exports now licence-free among AUKUS nations

The three AUKUS nations Australia, the UK and the US have established an export licence-free environment, opening up investment and export opportunities for industry. Defence Minister Richard Marles first raised the possibility of removing barriers to procurement, investment, information and data sharing systems, and export requirements with the government in 2022, and described today’s announcement…

Penfolds maker doubles down on China

The maker of Penfolds, Treasury Wine Estates is focused on the re-establishment of its Penfolds Australian portfolio in China following the removal of tariffs. As part of FY24 results the company told investors that it immediately began re-establishment in the fourth quarter, with strong shipment demand from customers and initial depletions in line with expectations.…

Semiconductor Australia announced for October

ASX-listed semiconductor developer and manufacturer BluGlass has announced a one-day Semiconductor Australia Conference 2024 in October. In a statement on Thursday, Bluglass said it has partnered with the Semiconductor Sector  Service Bureau (S3B), and ShareCafe on the event, to be held at Deloitte’s premises in Sydney’s Quay Quarter Tower on October 24..  It will feature…

Australia, UK battery researchers join forces

Australian businesses could access world-leading battery manufacturing scale-up facilities following an agreement between Powering Australia and the UK Battery Industrialisation Centre (UKBIC). UKBIC is a $250 million battery manufacturing scale-up facility based in Coventry, UK, while Powering Australia is the team behind the Future Battery Industries Cooperative Research Centre. Powering Australia was allocated $20.3 million…