Victoria recorded the highest number of manufacturing insolvencies in Australia in 2024, according to new analysis. This rise in business closures highlights ongoing struggles within the state’s manufacturing sector, exacerbated by high taxes, rising energy costs and extensive regulatory burdens. ASIC data reveals that during the term of the Albanese government, 415 manufacturing firms in…
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A $272 million purchase by the federal government will see defence electronics company CEA Technologies deliver “up to 14 multi-mission phased array radars (MMPARs) for the Australian Army”. According to a short announcement from defence minister Richard Marles on Wednesday, delivery of the phased array radars is scheduled to begin in 2027 The radars will…
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Nominations opened on Wednesday for the 2025 Australian Museum Eureka Prizes (AMEP), billed by organisers as the nation’s most prestigious science awards. There are 20 categories this year (reproduced below), with two new awards added: the University of Technology Sydney (UTS) and Australian Federal Police (AFP) Eureka Prize for Excellence in Forensic Science and the…
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By Scott French, UNSW Sydney US President Donald Trump and Prime Minister Anthony Albanese have stated an exemption for Australia from Trump’s executive order placing 25% tariffs on all steel and aluminium imported into the US is “under consideration”. But prospects remain uncertain. Albanese would do well to secure an exemption using similar arguments as…
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Brigadier Hugh Meggitt has been appointed as the new head of the Advanced Strategic Capabilities Accelerator (ASCA) for the Australian Defence Force, a move announced by the federal government on Tuesday. Brigadier Meggitt (pictured), previously the Director General Special Operations Modernisation at the ADF’s Headquarters Joint Operations Command, is recognised for his extensive experience in…
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Tariff exemption consideration a welcome first step: Ai Group The agreement by US president Donald Trump to consider an exemption for Australian steel, aluminium and iron from a 25 per cent tariff is “a welcome first step to protect vital industries with more than 100,000 mostly regional jobs,” Innes Willox, Chief Executive of the Australian…
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In a move that could save Australia’s wine industry millions, La Trobe University has unveiled an innovative smoke sensor dubbed the “Wizard.” The device is specifically designed to protect vineyards from the devastating effects of bushfire smoke. Deployed across the Grampians, these Wine Industry Smoke Detectors (WISDs) are already making waves. Historically, vineyard owners have…
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Prime Minister Anthony Albanese (pictured) has engaged in a pivotal 40-minute discussion with U.S. President Donald Trump, addressing potential exemptions for Australia from the looming 25 per cent tariffs on steel and aluminium. This conversation on Tuesday is part of a broader diplomatic initiative to underscore Australia’s role as both a defence ally and a…
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Electrolyser maker Hysata has announced an agreement with ACWA Power for commercial-scale demonstrations in Saudi Arabia, which the Wollongong-headquartered company says represent a first step towards large-scale systems being deployed in ACWA’s projects. In a statement on Monday (Australian time), Hysata said the agreement will make use of ACWA’s “significant expertise in large capital projects”,…
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The segment of manufacturing concerning beer is worth $8.7 billion and grew 0.9 per cent annually between 2020 and 2025, according to newly-published market research. IBISWorld’s recently-updated Beer Manufacturing in Australia – Market Research Report (2015-2030) describes the level of competition as high and increasing. The total number of beer makers has increased at nearly…
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