NSW government announces $5 million grant scheme for PPE manufacturing
The NSW government has announced it will provide $5 million in support of personal protective equipment manufacturing in the state.
Creating a COVID-19 vaccine is only the first step. It’ll take years to manufacture and distribute
The world is hoping a safe and effective COVID-19 vaccine will soon become available. So far, more than 160 candidate vaccines are in development.
The R&D Tax Incentive – a way forward
By Kris Gale Followers of the saga surrounding the Bill that cuts the value of the R&D Tax Incentive have a long time to wait until uncertainties are cleared up. The Bill pares back value for the Refundable R&D Tax Offset and slashes support for the vast majority of Non-Refundable Offset claimants off the back…
ATO JobKeeper and RDTI plan ‘absurd’
The plan to block any research and development tax incentive claims on JobKeeper payments has been labelled “absurd” and damaging to tech companies at the “worst possible time”, with several prominent experts railing against the proposal.
Cochlear’s horror year results in loss
Hearing implant manufacturer Cochlear plunged to a loss during the 2020 financial year as its results were hit by Covid-19 and a massive patent battle loss. The Sydney company today reported a net loss of $238.3 million for the year which included $416.3 million in expenses and penalties in a failed patent battle in the…
East coast gas users pay too much – ACCC
Australia’s east coast gas users are paying prices significantly above export parity prices according to the Australian Competition and Consumer Commission. The ACCC’s Gas Inquiry 2017-2025 Interim Report shows that prices offered to domestic gas users in late 2019 and early 2020 ranged from $8 to $11/GJ. While this was down slightly from the $9…
Australia’s niche champions — targeting tomorrow’s niches
In the second day of @AuManufacturing’s Australia’s niche champions series, we speak to inventors and others about finding their place in the world. What can be learned from their efforts to bring game-changing ideas to market from Australia? By Brent Balinski.
Geofabrics extends recycled geotextiles range
Industrial textile producer Geofabrics has extended its range of recycled products utilised in infrastructure projects with the release of Sealmac Green. A 100 per cent Australian made nonwoven paving fabric, Sealmac Green is made from recycled plastic water bottles, reducing waste to landfill and strengthening Australia’s recycling supply chain. For over thirty years nonwoven needle…
Gekko Medical ventilator gets ready for use
A new invasive medical ventilator developed by the medical arm of mining equipment supplier Gekko Systems of Ballarat, has undergone testing in the medical training facility at Ballarat Base Hospital. The GeVentor, developed by Gekko’s technical director, Sandy Gray, underwent usability testing in collaboration with BIRCH, Deakin University, and anaesthetist Doug Paxton A simulation dummy,…
Bullet-proof armour maker loads up with $11m capital raise
A world-leading technique developed in Adelaide for manufacturing lightweight armour for soldiers and law enforcement officers is being rolled out in Ohio to allow its maker to supply the US defence force.