By Brent Balinski The most recent Economic Complexity Index rankings continue a downward slide for Australia, which has fallen from 93rd to 102nd. The figures, compiled by the Growth Lab at the Harvard Kennedy School, were updated in September, though have not been noted in news coverage since. According to Australia’s profile in the Atlas…
Details
The Manufacturing Industry Skills Alliance (Manufacturing Alliance) has launched a national project to meet the growing demand for skilled workers in defence manufacturing, including submarine manufacturing now underway. The move follows Wednesday’s announcement of the start of the industrial campaign which will ultimately see BAE Systems and ASC construct SSN-AUKUS nuclear powered submarines at the…
Details
By Peter Roberts The Industry and Science Minister Ed Husic has released its first State of Australian Quantum report which the government says reveals the depth and strength of our national quantum sector. According to a statement, the government has committed billions in funding for quantum and broader critical technologies since the launch of the…
Details
Building-integrated photovoltaics company ClearVue Technologies has entered into a Manufacturing and Distribution Licence Agreement with a leading UK glass fabrication company that has worked on iconic projects such as One World Trade Centre in New York. Perth-based ClearVue has linked with My Glass Projects which is granted non-exclusive rights to manufacture and distribute products incorporating…
Details
Poker machine manufacturer Aristocrat Leisure has announced revenue growth of five percent in FY24 driven by performance in North America Gaming Operations, with ~7,100 net units added to the installed machine base. The company reported 17 percent growth in normalised NPATA to $1.6 billion, reflecting ongoing investment in organic growth initiatives and cost optimisation across…
Details
The main initiative serving the federal government’s 2022 election pledge to transform the nation’s industry, the $15 billion National Reconstruction Fund, is about to start investing in Australian companies, according to industry minister Ed Husic. The NRF Corporation – the independent body administering the fund – “will soon be cutting its first cheques”, according to…
Details
Aluminium extruder Capral has successfully trialled an aluminium billet with 20 percent recycled content produced by Rio Tinto at Boyne Smelters Limited (BSL). Utilising 50 to 100 tonnes of post-production aluminium scrap from Capral’s Bremer Park extrusion plant in Southeast Queensland, Rio Tinto remelted the metal and cast it into billets, resulting in a new…
Details
Multi-generation family-owned bed maker A.H. Beard is marking its 125th anniversary, hinting at plans for a new luxury collection aimed at a global audience in 2025. In a statement on Wednesday, the company said it has “sights set on growth in Asia, Europe and the UK next year” as it builds on its current “significant…
Details
The federal government has begun the industrial campaign which will ultimately see Australia construct SSN-AUKUS nuclear powered submarines at the Osborne Naval Shipyard in Adelaide. In March it was announced that the submarines, to follow on from the arrival of interim US nuclear powered vessels for service in the 2040s, are to be constructed by…
Details
Minerals processing equipment manufacturer Gekko Systems has launched the Wolff Batch Centrifugal Concentrator (Wolff), a technology designed to transform gold processing by utilising ‘dirty’ water. This ‘first of its kind’ innovation enables mining companies to recycle water efficiently, addressing water stewardship while reducing maintenance costs and requirements, according to the Ballarat, Victoria company. In some…
Details