Digital health venture fund established A $100 million fund, Health Innovation Ventures, has been established in Adelaide to back new technologies, start-ups and establish healthcare businesses. The fund, headed by former IBM Health executive Dr Terry Sweeney will also partner with governments to solve health problems. The fund is backed by the South Australian Health…
Perth international shipbuilder Austal has delivered the first ship fully built at its shipyard at Vung Tau in Vietnam. The 94 metre highspeed catamaran ferry, A.P.T. James, was built for the National Infrastructure Development Company of Trinidad and Tobago and will operate the ‘sea bridge’ between the two main islands. Austal CEO David Singleton said…
Sunshine Coast manufacturer HeliMods has received $150,000 under the Defence Global Competitiveness Grants programme, its second grant awarded in less than a year. The Caloundra company has used its funding to purchase plant and equipment to manufacture large machined components used in the modification and upgrade of military and paramilitary helicopters, according to defence industry…
@AuManufacturing’s new series, ‘Working smarter with data‘, continues today with a look at data driven businesses adopting industry 4.0 technologies. Here Tim McLean (pictured below) asks whether the new world of manufacturing means an end to a focus on lean? Industry 4.0 is a term developed by German government to describe its high technology strategy…
By Kris Gale The recent passing of the Bill that preserved and, in some ways, extended the value of the R&D Tax Incentive (the RDTI) has been warmly received by the market. It follows the improved understanding of the programme requirements contained in the Moreton Resources and Bogiatto cases, along with the noticeable improvement in…
Australia’s leading crane builder Eilbeck Cranes has installed its 10,000 crane after 110 years in operation. The company’s own heavy machining factory now under construction (pictured) houses a massive 100 tonne crane. The machine shop will have machines capable of handling up to 80 tons of material, making it the highest capacity Australia wide. Eilbeck…
Treasury Wine Estates which has been exporting its Penfolds prestige wines to China since 1995 has ‘respectfully’ acknowledged anti-dumping and countervailing duty investigations into Australian wine exports by China’s Ministry of Commerce. Chairman Paul Rayner told shareholders at the company’s annual general meeting that the investigations did not change the company’s long-term commitment to China…
@AuManufacturing’s new series, ‘Working smarter with data‘, continues today with electronics engineer Sercan Altun, who maps out the digital transformation challenges on offer in Australia’s transition to an industry 4.0 economy. Manufacturing has always been the essential driver of the wealth and prosperity of nations since the first industrial revolution in the late 18th century…
Comment by Peter Roberts Things don’t get much better in the tech field than a technology company that has mastered carbon fibre nanotubes to make a step-change in a technology around for more than a century. But for Micro-X, the Adelaide company that has developed the world’s only nanotube X-ray emitter, that mastery is the…
Green Distillation Technologies doubles size of Warren tyre recycling plant Australian tyre recycler Green Distillation Technologies will double the production capacity of their plant at Warren in Western New South Wales with the installation of an additional processing module. Construction of the module, which turns end-of-life tyres into high value oil, carbon and steel, is…
