By Peter Roberts The federal government has made an unprecedented intervention in private business funding with the approval of a $1.25 billion loan through the Critical Minerals Facility to Australian company Iluka Resources. The massive loan – picking winners on a grand scale – will fund the development of Australis’s first integrated rare earths refinery…
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The Advanced Fibre Cluster Geelong has announced the appointment of David Buchanan as its new CEO, replacing Jennifer Conley.
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XTEK has received a third urgent order for ballistic armour from an unnamed international customer within a month, announcing a $2.15 million order on Monday.
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The government aims to create a major green hydrogen export industry, particularly to Japan, for which Australia signed an export deal in January. But as our latest research suggests, the likely scale may well be overstated. We show Japan has more than enough solar and wind energy to be self-sufficient in energy, and does not need to import either fossil fuels or Australian green hydrogen. Indeed, Australia as a “renewable energy superpower” is far from a sure thing.
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Australian Grape & Wine has been awarded a $1.82 million grant to help “improve market access, tackle trade barriers and generate growth in key target export markets” for wine makers, the federal agriculture minister has announced.
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By Peter Roberts The federal government has continued its all but daily announcements of new defence contracts and grants to manufacturers with the news today that Tomago, NSW engineering group Varley will receive a $41 million contract for deployable military infrastructure. According to a statement from defence minister Peter Dutton: “The contract is part of…
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Canberra-based modular data centre maker Datapod has been awarded a $12 million order from the federal government, described as a boost for the nation’s sovereign industrial capability.
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By Peter Roberts If covid-19 has taught us anything it is that Australia needs to be more self sufficient in what we manufacture onshore and depend less on globalised supply chains that are easily interrupted by accident or design. For advanced nations there is a range of rare earths that are essential to high tech…
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The federal government has announced the cancellation of the planned purchase of the SkyGuardian long endurance armed unmanned aerial system (UAS) to allow for a boost to the Australian Defence Force’s cyber capabilities. Defence associate secretary Matt Yannopoulos told Senate estimates that the purchase of the General Atomics MQ-9B SkyGuardian (pictured) under project AIR 7003…
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Frucor Suntory to build $400m factory Beverage manufacturer Frucor Suntory is to build a $400 million facility in Swanbank, Queensland with support from the Queensland government. Premier Annastacia Palaszczuk said: “The value of attracting this investment to Queensland will have significant benefits for our economic recovery and most importantly, it will create new jobs for…
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