Canberra-esque madness kills the SME-focused innovation patent system

Comment by Peter Roberts Parliament has passed legislation killing the low cost innovation patent system, bowing to arguments from the Productivity Commission. Legislation killing the patent was passed by the Senate last week and followed an essentially economically-focused review that lacked transparency. This is yet another victory in a long list of destructive wins by…

Manufacturing decline leaves Australia in the third world of exporters

Analysis by Peter Roberts It is now official. Australia now has the economic diversity and export profile of a typical third world nation. Our antipathy to value-adding activities such as manufacturing in favour of industries that require little more than digging it up and shipping it out, has left us dangerously dependent on quarrying. According…

Rip Curl – RIP another Australian manufacturing dream fades away

Comment by Peter Roberts The news this morning is that Rip Curl, the iconic Torquay Victoria surf brand is being sold to New Zealand’s Kathmandu for $350 million. And so another great Australian dream of designing and manufacturing great products completes its long, slow decline to full overseas ownership. The Rip Curl story is yet…

2021: a space business’s odyssey

Despite a recent mishap, Gilmour Space Technologies’ goal of offering commercial trips to orbit in 2021 is unchanged. Brent Balinski spoke to founder and CEO Adam Gilmour about the need for local launches, the $150 million federal boost to space companies, and the enduring mystery of a recent award nomination.