Australian governments must respond to US IRA, attract investment needed for energy shift: Weld Australia

A guaranteed pipeline of work and local content provisions are needed to build the capacity needed for the energy transition, industry body Weld Australia has said. In a statement on Tuesday, the group urged the federal government to deliver a policy framework guaranteeing enough work “for manufacturers to attract the required investment”, and strongly recommending…

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NIOA moves further into the US market with Picatinny Arsenal tenancy

Australian owned munitions manufacturer NIOA Group has taken up a tenancy at the United States Army’s Joint Centre of Excellence for ammunition and weapons, Picatinny Arsenal in New Jersey. The further expansion into the US follows NIOA’s 100 per cent acquisition earlier this year of Tennessee-based Barrett Firearms, and shows a determination to significantly enter…

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Can Canberra arrest the flow of manufacturers leaving for the US?

By Brent Balinski The Industry Growth Program, offering grants between $50,000 and $5 million to SME and startup commercialisation projects, started accepting applications on Monday. It will no doubt be useful to a long list of companies. However, the replacement for the Entrepreneurs’ Programme does nothing to address some bigger, more immediate problems.  The mood…

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MSQ appoints new board members

Manufacturing Skills Queensland (MSQ) has announced the appointment of two new board directors, as well as the appointment of Paul Cooper – who is also currently Chair of the Advanced Manufacturing Growth Centre, and owner/Executive Chair of weighing solutions manufacturer Rinstrum – as its new Chair.   MSQ is an independent, not-for-profit company allocated $16.5 million…

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Do you have the right risk appetite? Applications open for grants up to $5 million through new Industry Growth Program

The new Industry Growth Program – worth $392 million, aimed at assisting startups and SMEs with commercialisation, and announced in the May federal budget – is now open for applications. The IGP provides matched funding through grants worth between $50,000 and $5 million, supporting development of an “innovative product, process or service” that is either…

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