By Denham Sadler A limited patent box scheme will be launched by the federal government, offering tax breaks for medical and biotech innovations in an effort to boost commercialisation and retain IP in Australia. The federal budget, handed down by Treasurer Josh Frydenberg on Tuesday night, included the establishment of a patent box scheme targeted…
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By Denham Sadler The federal government has said it will develop an onshore mRNA vaccine manufacturing capability in Australia, but the actual amount of funding allocated to the significant task has been kept secret. In the 2021-22 federal budget, unveiled by Treasurer Josh Frydenberg on Tuesday night, the government confirmed that the industry department would…
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There are only a few days left to nominate for the 2021 Australian Good Design Awards, with entries closing on Friday May 14. The awards have been running since 1958, making them one of the longest-running international design awards, and are recognised by the World Design Organization (WDO) as Australia’s peak international design endorsement and…
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ASX-listed composites business Quickstep has signed a non-binding MoU with Triumph Aviation Services Asia (TASA) covering Australasian aftermarket airline and other MRO customers. TASA and Quickstep’s Aerospace Services division (QAS) intend to form a “strategic alliance” with a broad scope including “services such as MRO, spares pooling and repair development for the aero structures market…
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Brisbane medtech company Ellume has established a diagnostics manufacturing facility in Maryland in the United States, even as it ramps up production of its rapid Covid-19 test kits at its Richlands plant in Queensland. The company is rapidly increasing production to meet a $US230 million contract from the United States Department of Defense to make…
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Wine Australia has launched a new information portal for growers and makers, presenting the latest production, export and other data.
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Building products group Boral has rejected a formal takeover offer from Seven Group which values the company at $8 billion. The company, which has been struggling to sell assets following a disastrous foray into the North American market, rejected the $6.50 a share offer which offered shareholders no premium over the latest market price. Seven…
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Australia’s national science agency will invest $100 million over four years in emerging technologies to assist with the economic recovery, including a significant focus on digital transformation in the healthcare sector.
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Today @AuManufacturing’s editorial series – Celebrating Australian Made – looks at BusTech Group which saw opportunity where others hesitated, investing in human capital to create a new national automotive manufacturing group. It is not every day that you hear about a capital company that sees opportunity in investing in Australian manufacturing. And it is even…
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Perth international shipbuilder Austal has delivered its tenth Guardian-class Patrol Boat to the Department of Defence for gifting to the Solomon Islands Government. The RSIPV Taro (pictured), built at Austal’s Henderson shipyard, is the second Guardian-class Patrol Boat to be delivered to the Solomon Islands under the Pacific Patrol Boat Replacement Project, part of Australia’s…
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