Canberra launches manufacturing modernisation fund

The federal government has announced details of its $160 million Manufacturing Modernisation Fund. The fund, revealed in the federal budget, would help manufacturers become more competitive by co‑funding investments in new technologies, said industry minister, Karen Andrews. Andrews said: “The fund will provide grants to small and medium manufacturing businesses so they can invest in…

Traffic Technologies expands to the Internet of things

Road system technologies manufacturer Traffic Technologies (ASX: TTI) is branching out into smart city sensors and data analysis as it embraces the Internet of Things (IoT), The Melbourne company will develop with Monash Council and Monash University, both in Melbourne’s south-east,a smart city control system of sensors, communications equipment and data analysis technologies. The development,…