Food machinery manufacturer, Foodmach has been tasked with building another four mask production machines for Victorian producer, Med-Con, bringing the total to seven. The seven machines will increase Med-Con’s annual production of the protective masks from two million to 160 million a year, with delivery of the first 60 million to the Federal Government by…
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Given Australia’s advanced society many were surprised, disbelieving even, when the latest Harvard Atlas of Economic Complexity rated us low on the complexity scale. Japan, Switzerland, and South Korea sit at the top of the ranking. Czech Republic ranked 6th in the world while the US slipped out of the top 10 into 12th position.…
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Tony Evans has been publishing a series of articles on social media on ‘worker friendly’ reforms to Australia’s tax system. Here he proposes a return to public and private sector co-investment, and a fresh approach to SME financing for retooling and growth. Despite the devaluation of the Australian dollar over the past nine years the…
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Quantum technology is set to transform electronics, communications, computation, sensing and other fields. In the process it can create new markets, new applications and new jobs in Australia.
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The final round of 2019 ARC Linkage Project grants was on announced on Thursday, with funding for 77 projects, including new manufacturing processes for superalloy components and graphene cathodes for next-generation batteries.
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Sustainable hardwood products manufacturer 3RT is to have digital production units (pictured) manufactured to make its Designer Hardwood (pictured) range of value-added timber products. The Adelaide company has developed a world-first technology in collaboration with Flinders University that converts wood waste into timber. Designer Hardwood looks, feels and has the mechanical properties of 100 year…
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Work is almost finished in the $500 million upgrade of Adelaide’s new high-tech frigate shipyard with five new structures rising from its Port River site.
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Slot machine and online gaming group Aristocrat Leisure has booked increased revenues but decreased earnings in the latest six months as the Covid-19 pandemic began to buffet the business. The Sydney company reported EBITDA profits down seven per cent to $707 million for the half to 31 March, on revenues up seven per cent to…
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By Denham Sadler The local startup sector will be crucial to economic recovery in the wake of the coronavirus pandemic, with further government support needed for early-stage firms, University of Technology Sydney director of entrepreneurship Murray Hurps says. Mr Hurps said more than 40 per cent of Australian startups are likely struggling as a result…
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The US Air Force has launched a competition to develop AI software to control groups of highly capable unmanned aerial vehicles (UAVs) flying in formation with conventional jet aircraft such as the F-35 joint strike fighter. The USAF intends to let a number of development contracts for the software, known as Skyborg, according to a…
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