The University of Wollongong’s innovation hub iAccelerate has calculated that its companies generated $75.3 million in sales in the 2023 calendar year, and a total of $416.5 million since its establishment in 2016. According to a statement from UoW on Thursday, its iAccelerate 2023 Impact Report calculated that companies paid $22.3 million through salaries and…
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Sydney’s biggest water storage behind Warragamba dam, Lake Burragorang is proposed as the site for a pumped hydro project that could generate enough electricity to up to 500,000 homes and businesses. ZEN Energy is proposing to turn degraded coal industry land at Nattai on the escarpment above the lake into a 1,000 megawatts (1GW) Western…
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Construction Materials manufacturer Wagners has launched a new 356mm Fibre Reinforced Polymer (FRP) utility pole for electricity networks feeling the pinch of timber shortages. Wagners Composite Fibre Technologies’ (CFT) launch comes in the wake of rising costs, declining quality and reliability of supply for traditional timber utility poles, due to deforestation and bushfires in 2002…
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By Weihuan Zhou, UNSW Sydney and James Laurenceson, University of Technology Sydney China’s Ministry of Commerce has finally ended its tariffs on Australian wine, which had been imposed for more than three years at rates as high as 218.4%. The measures have had a catastrophic impact on Australia’s wine exports. In 2019, Australia sold A$1.24…
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By Peter Roberts The federal government has flagged greater government intervention to nurture industry with a proposed enabling Future Made in Australia Act to set the scene for a more activist industry policy future. According to a speech to be delivered today to Queensland Press Club and leaked to media outlets, the Act is a…
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The federal government has signed the production contract for 123 Boxer Heavy Weapon Carrier vehicles with more than 100 of those vehicles to be exported for use by the German Army. The export order is Australia’s largest foreign military export to Germany. Rheinmetall completed a contract with the German authorities with a total volume of…
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Today in our editorial series – Towards 3% – turbocharging our national innovation effort – innovation policy analyst Dr John Howard shines light on why Australian R&D is going backwards. In this, the second part of a two-part series, Dr Howard discusses the reasons behind the fall in R&D spending, pointing the finger at a…
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Australian autonomous uncrewed vessel developer Ocius Technology and US maritime technology firm ThayerMahan Inc have announced they will collaborate to demonstrate a powerful new capability at the AUVSI XPONENTIAL event running from 23 to 25 April off San Diego, California. The collaboration places ThayerMahan’s Outpost system of acoustic sensors and digital signal processing aboard Ocius’…
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Construction is now underway on a cutting-edge co-working and innovation space that aims to transform Northshore Brisbane and cultivate a thriving community of entrepreneurs, innovators, and creatives. Situated adjacent to the Eat Street Northshore, The Wheelhouse will span 1,172 square metres across two levels in a warehouse-style building and accommodate up to 170 workers. The…
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Only two more sleeps to go before the much anticipated return of the Polly Waffle chocolate bar. That’s the good news from confectionery manufacturer Menz which has revealed the official start of on-shelf rollouts for the childhood favourite will be from Friday the 12th April 2024. As reported by @AuManufacturing, the chocolate treat will not…
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