Canberra backs business into Moon, Mars space race

The federal Government will back Australian industry participation in NASA Moon and Mars missions with a $150 million investment. The Prime Minister, Scott Morrison, agreed to the investment, to be made through the Australian Space Agency, during his recent trip to the United States. The Agency will help companies demonstrate their capabilities in projects that…

Canberra threatens exporters as statistics show Australia’s minerals dependence

Analysis by Peter Roberts This week saw the extraordinary spectacle of an Australian prime minister, Scott Morrison, threatening exporters and telling them to cut back on exports. For Morrison to warn alumina producers Rio Tinto and Alcoa to cut back on exports to the United States was strange enough, but the reason for it was…

Federal government energy bill ‘excessive, dangerous’ – Ai Group.

The Australian Industry Group has attacked Canberra’s ‘big stick’ energy legislation as heavy handed, excessively dangerous and counter-productive. Ai Group Chief Executive, Innes Willox said the government’s bill went far beyond recommendations made by the ACCC inquiring into the energy market, and established new powers never before given the government. Willox said: “The so-called ‘big…

Universities to support autonomous vehicles push

The federal government has pledged $3 million to deepen Australian co-operative research with the United States on unmanned defence systems. Defence industry, Melissa Price announced what is seed funding to the University of Melbourne, Macquarie University, the University of NSW and Queensland University of Technology. The funding is under the AUSMURI programme, a sister programme…

Boardrooms need to get serious about innovation – AICD

Comment by Peter Roberts Australia’s business boardrooms need to get serious about innovation, with few recognising the urgent need to prioritise innovation, acording to a new report from the Australian Institute for Company Directors (AICD). Given the current realities of Australian manufacturing, this is a comment that should be taken on board even more urgently…