By Peter Roberts The federal government has selected foreign defence contractors and allocated a supporting role to two genuinely Australian consortia in accelerating the rollout of ‘sovereign’ guided weapons capabilities. Minister for defence Peter Dutton announced a $3.5 billion investment in speeding delivery of new missile capabilities for the Royal Australian Air Force and the…
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Quickstep has been awarded a three-year Asia-Pacific maintenance contract with Jetstar Airways, worth an expected $30 – $35 million and with services expected to begin in April. ASX-listed Quickstep and Triumph Aviation Services Asia led the tender response for the MRO contract, covering Jetstar’s Airbus A320 fleet’s V2500 engine nacelles. Quickstep and TASA announced a…
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Ten companies have been awarded a total of $23 million in contracts through the Defence Innovation Hub, with the largest going to precision metal engineering company A.W. Bell.
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By Peter Roberts I was touring the Adelaide factory and R&D centre of ballistic armour manufacturer Xtek yesterday when news came through that it had received an urgent order for ballistic armour for $2.15 million – its third from unnamed international customers within a month. Xtek’s order takes total sales over the past 30 days…
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Queensland-based Line Hydrogen has announced their first commercial-scale green hydrogen plant in Tasmania set to begin construction by the middle of 2022. The company has executed a terms sheet with Climate Capital’s Bell Bay Solar Farm to construct up to a 5MW ground-mounted solar farm in George Town, Northern Tasmania. This will supply behind-the-meter renewable…
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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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