Composites manufacturer Quickstep has signed a letter of intent with the state government which could lead to its involvement in the Western Sydney Aerotropolis being planned around Sydney’s second airport. Quickstep will work with the Western Parkland City Authority to identify synergies between their capabilities in aerospace manufacturing and the planned Advanced Manufacturing Research Facility…
Inflammatory drug developer Mesoblast has received good news which clears the way for its remestemcel-L (Ryoncil) drug to go to market. A panel of the US Oncologic Drugs Advisory Committee (ODAC) of the FDA voted in favour of the view that the “available data support the efficacy” of Ryoncil in cases of transplant rejection. The…
Comment by Peter Roberts I have previously argued that the South Australian government once the centre of the sector has given up on manufacturing. It has no manufacturing minister, no manufacturing section in any department, no bureaucrat with that responsibility and no focus on the sector other than a few sexy areas and Canberra’s pet…
The federal government has launched a feasibility study into the local manufacture of main reduction gearboxes for future batches of the Hunter class frigates being built in Adelaide. The first batch of three frigates will have the lowest Australian content as BAE Systems subsidiary, ASC Shipbuilding, builds up its local supply chain, with the later…
Demand for VEEM Ltd’s marine gyrostabilisers (pictured) has continued to accelerate with further new orders worth $2.8 million bringing the Perth company’s forward order book to $5.9 million. New orders include a third VG1000SD gyrostabiliser for an experienced local owner, which will be installed in an existing 54 metre Damen Expedition and Yacht Support vessel.…
Far from cutting his exposure to the Australian steel industry, British businessman Sanjeev Gupta has reinforced its viability, buying the Bell Bay manganese smelter from South 32. According to a statement from miner South32, the company will divest its ownership of the Tasmanian Electro metallurgical Company (TEMCO) in Tasmania’s north to an entity within Gupta’s…
Australia’s TAFE network is suffering from chronic underfunding and failed market-led VET policies according to a new report from the Centre for Future Work at the Australia Institute. The study, An Investment in Productivity and Inclusion, said that increased public investment in the skills and earning capabilities of Australians will be critical to our post-pandemic…
Comment by Peter Roberts The Chairman of the National Covid-19 Commissio tasked with platting a way forward economically is doing himself, and the gas industry, no favours by peddling self serving twaddle. Appearing before a parliamentary committee this week, Power confirmed his obsession with boosting the gas supply, including through subsidising the construction of gas…
Industry plan offers guidance for business Small businesses are being given more help and guidance with the release of the government’s third Sovereign Industrial Capability Priority Implementation Plan. Minister for defence industry, Melissa Price today announced the Land Combat and Protected Vehicles and Technology Upgrades Plan. The Plan provides useful information to businesses who already…
Local defence industry will have to triple in size if it is to maintain, let along increase its share of defence spending as the armed forces re-equip, according to a new study published by the Australian Strategic Policy Institute. The study, the cost of defence 2020–21, argues that One of the biggest implementation risks relates…
