Building houses in factories for the Commonwealth Games was meant to help the housing crisis. What now?

By Louise Dorignon, RMIT University and Trivess Moore, RMIT University Huge sporting events come with substantial public investment in housing. After Melbourne hosted the 1956 Olympics, about 600 houses in the athlete village became public housing in West Heidelberg. After Melbourne hosted the 2006 Commonwealth Games, the athlete village in Parkville was largely sold off,…

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ASM builds rare earths supply chain, sells first critical metals

Australian Strategic Materials (ASM) has quietly inserted itself into global supply chains for the rare earths critical to high technology products ranging from electric motors to touch screens and computer hard drives. The company is developing the Dubbo, NSEW rare earths project, in the meantime supplying its company owned Korean Metals Plant (KMP) metal refinery…

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Treasurer opts for tinkering with mostly ignored Productivity Commission

By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…

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Making the most of Australia’s space frontiers – By Andrew Mannix

The local space sector was shocked when the federal government cancelled the National Space Mission for Earth Observation (NSMEO). However, industry understands the government’s pivot, and still has a critical role to play in lessening Australia’s dependency on foreign countries for our space services, writes Andrew Mannix. Space underpins our technologically advanced way of life.…

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K-TIG looks to cheaper UK nuclear technology acquisition

Rapid welding technology manufacturer K-TIG has cut the amount of cash it is seeking from investors to fund the purchase of UK advanced manufacturer Graham Engineering Limited (GEL). The acquisition marks the company’s entry into the United Kingdom nuclear decommissioning sector, with K-TIG vying for contracts to manufacture containers to house nuclear wastes. The company…

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Fleet Space buys radio frequencies for satellite communications

Nano satellite manufacturer Fleet Space Technologies has expanded its global footprint acquiring rights to new long-term radio frequencies which enable communications with its low earth orbit (LEO) satellite constellation. In its first commercial venture on the continent, Fleet has purchased the frequency of assets of a Luxembourg-based company, giving it effective operational control over an…

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Micro-X’s $21 million to manufacture airport X-ray checkpoints

Carbon fibre nanotube X-ray manufacturer Micro-X has scored a coup with the announcement it has been funded by the US Department of Homeland Security to manufacture full size, integrated, self-screening airport passenger checkpoints. The company’s minaturised CT scanner technology, which has been in development under two DHS contracts worth $8 million, makes possible the concept…

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Manufacturing news briefs – stories you might have missed

IDT Australia raises $2 million from shareholders Melbourne pharmaceutical manufacturer IDT Australia has raised $2 million via an over-subscribed share purchase plan to existing shareholders. The raising followed the successful completion of a $5 million placement to professional and sophisticated investors. The total capital raised will be used to fund the company’s capital expenditure programme…

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