iAccelerate says its startups achieved $75.3 million in revenues last year

The University of Wollongong’s innovation hub iAccelerate has calculated that its companies generated $75.3 million in sales in the 2023 calendar year, and a total of $416.5 million since its establishment in 2016. According to a statement from UoW on Thursday, its iAccelerate 2023 Impact Report calculated that companies paid $22.3 million through salaries and…

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Wagners launches new composite utility poles

Construction Materials manufacturer Wagners has launched a new 356mm Fibre Reinforced Polymer (FRP) utility pole for electricity networks feeling the pinch of timber shortages. Wagners Composite Fibre Technologies’ (CFT) launch comes in the wake of rising costs, declining quality and reliability of supply for traditional timber utility poles, due to deforestation and bushfires in 2002…

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China has finally removed crushing tariffs on Australian wine. But re-establishing ourselves in the market won’t be easy

By Weihuan Zhou, UNSW Sydney and James Laurenceson, University of Technology Sydney China’s Ministry of Commerce has finally ended its tariffs on Australian wine, which had been imposed for more than three years at rates as high as 218.4%. The measures have had a catastrophic impact on Australia’s wine exports. In 2019, Australia sold A$1.24…

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Towards 3% R&D – why is Australia’s national R&D effort falling?

Today in our editorial series – Towards 3% – turbocharging our national innovation effort – innovation policy analyst Dr John Howard shines light on why Australian R&D is going backwards. In this, the second part of a two-part series, Dr Howard discusses the reasons behind the fall in R&D spending, pointing the finger at a…

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Ocius BlueBottle USV to be demonstrated in the United States

Australian autonomous uncrewed vessel developer Ocius Technology and US maritime technology firm ThayerMahan Inc have announced they will collaborate to demonstrate a powerful new capability at the AUVSI XPONENTIAL event running from 23 to 25 April off San Diego, California. The collaboration places ThayerMahan’s Outpost system of acoustic sensors and digital signal processing aboard Ocius’…

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Indigenous business supply chain for entrepreneurs hub

Construction is now underway on a cutting-edge co-working and innovation space that aims to transform Northshore Brisbane and cultivate a thriving community of entrepreneurs, innovators, and creatives. Situated adjacent to the Eat Street Northshore, The Wheelhouse will span 1,172 square metres across two levels in a warehouse-style building and accommodate up to 170 workers. The…

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