Australia’s textile clothing and footwear industries, one of the principal victims of unfettered and often unfair import competition from China, has been the surprise beneficiary of Covid-19 disruptions, according to new figures from industry analysts IBISWorld. With Chinese exports disrupted Australia’s knitted product manufacturing industry achieved a 13.2 per cent increase in revenue to $90.6…
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The federal government has awarded six companies a share in the Government’s $50 million Carbon Capture, Use and Storage (CCUS) Development Fund. Part of a $1.9 billion new energy technologies package announced in the 2020-21 Budget, the government aims to accelerate the development of the technology in Australia, reducing emissions and supporting new economic opportunities.…
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How do we stop ourselves blundering into a quantum age without due forethought? How do we tackle the societal problems posed by quantum technologies, while nations and companies race to develop them?
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A local business lobby group is making the case for the Darling Downs as a regional manufacturing hub, citing existing strength in machinery production and positive sentiment around reshoring.
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A new vaccine manufacturing facility could be built in Brisbane next year after the Queensland government committed to investing up to $20 million into a “bench to bedside” medical innovation organisation eying a manufacturing and testing expansion in Brisbane.
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Semiconductor technology developer BluGlass has announced an $8 million capital raising to further develop its first direct-to-market commercial laser diode product. The company, which is commercialising its Remote Plasma Chemical Vapour Deposition (RPCVD) production technology, plans a non-renounceable rights issue to current shareholders. The raising comes as the company revealed it was experiencing reliability issues…
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Two of Australia’s leading local defence businesses have joined to further opportunities in remotely operated weapons systems (RWS) and ordinance. Weapons and munitions prime contractor NIOA and Canberra RWS manufacturer Electro Optic Systems (EOS) have signed a Memorandum of Understanding to jointly pursue opportunities to enhance and support EOS Remote Weapon Stations and weapon systems.…
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A tranche of grant funding worth $3.7 million has been awarded to six manufacturers through the Advanced Manufacturing Growth Centre Commercialisation Fund.
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Lake Macquarie City Council has announced a trial road resurfacing using Reconophalt, manufactured at Downer’s Teralba plant. Engineering firm Downer uses recycled products including soft plastics from plastic bags and packaging, glass, printer toner cartridges, crumbed tyre rubber and reclaimed asphalt in Reconophalt. The council said the chip packaging and plastic bags provided a glue…
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It took a chance meeting between Cameron van den Dungen, founder of a start-up mattress company, and Madhu Bhaskaran, an engineering professor at RMIT University, to see an opportunity to collaborate and commercialise research.
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