The South Australian Government has declared a rocket launch site proposed for the lower Eyre Peninsula to be a state significant project. The declaration boosts the hopes of Southern Launch, which is developing the Whalers Way launch site on the coast near Port Lincoln. Suited to launching polar satellites south over the ocean, the site…
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The University of Southern Queensland has announced a $500,000 investment in composite research equipment for its Centre for Future Materials, which operates a test service for more than 1,000 business clients.
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By Andrew Spence A business incubator aimed specifically at startups in the Ag Tech, food and wine sectors has been launched in South Australia by the University of Adelaide. ThincLab Waite is the only incubator dedicated to startups in the agtech, food innovation and wine sectors in South Australia. It joins the university’s stable of innovation…
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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…
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Australia may not yet manufacture lithum ion batteries in any quantities but companies continue to make progress tackling various parts of the production process. This week Altech Chemicals (ASX:ATC) was invited to construct a high purity alumina (HPA) plant in the German state of Saxony. The company, which is completing a similar plant in Malaysia,…
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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…
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The South Australian government has granted major project status to a venture which aims to become Australia’s first commercial rocket launch site. Southern Launch is aiming for its Whalers Way Orbital Launch Complex “to get off the ground in 2020”.
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Diversified brick manufacturer, Brickworks (ASX:: BKW) has defied a downturn in local construction and housing to post a record net underlying profit after tax (NPAT) of $234 million. The Sydney company booked revenue up 17 per cent for the 2019 year to $919 million, and an EBIT of $346 million up 12 per cent, according…
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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…
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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…
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