High-speed welding technology developer K-TIG (ASX: KTG) has signed on as a formal member of the UK’s Nuclear Advanced Manufacturing Research Centre. The company, whose technology has proven effective in nuclear container fabrication, cemented years of collaboration with the signing. The signig took place in Sheffield, UK. The Nuclear AMRC is made up of government,…
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Gold Coast-based company Gilmour Space Technologies signed a Statement of Strategic Intent and Cooperation with the Australian Space Agency on Wednesday. The signing was at the company’s new facility, where it has built its team to 45, and attendees included industry minister Karen Andrews (pictured middle) and deputy head of the ASA, Anthony Murfett…
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A 64-bottle collection of Australia’s most famous wine, Penfolds Grange, is expected to fetch a record $AU350,000 when it is auctioned online this week.
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The Federal Government has again tinkered with the R&D Tax Incentives.
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Wollongong, home to Bluescope Steel’s Port Kembla operation, has set a goal of net zero carbon emissions by 2050.
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Treasurer Josh Frydenburg’s message to business is “to back yourself and use your balance sheet to invest and grow.” Whilst we may not agree with all his policies, it is clear there is a significant need to invest in R&D, innovation and ways to enhance productivity, whether that’s through new technologies or processes to improve performance.
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Holden has dumped its once market-leading Commodore nameplate as sales of the brand continue to tank. With sales of about 6,000 a year, the model is obviously unviable. But then again it was always on the cards – no-one really expected that buyers of the big rear drive Commodore made in Adelaide until 2017 would…
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A second plant-based meat food business, Fable, has attracted capital as factory-made meats take off. Fable raised $1.5 million from Atlassian co-founder Mike Cannon-Brookes, Blackbird Ventures and angel investors, according to a report in Channel 9 media. Fable’s plant-based meat product launched at Heston Blumenthal’s Dinner restaurant in Melbourne on Tuesday is said to have…
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Two major engineering contracting, manufacturing and maintenance groups have joined forces with the purchase of BCG Contracting by NRW Holdings (ASX: NWH). BCG will be renamed NRW with the combined group employing 8,300 in numerous facilities and factories in every mainland state. More than 13,500 casual staff are also employed. NRW is a diversified provider…
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Comment by Peter Roberts Having failed in its last attempt to slash the cost of, I mean ‘reform’ the R&D tax incentive – its own Senators refused to vote for it – the government is trying yet again. Smarting from a rejection of its efforts to slash, I mean ‘reform’, the scheme earlier in the…
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