$61.5 million boost for WA’s renewable hydrogen industry

Western Australia has boosted funding to the state’s green hydrogen industries with an additional $61.5 million announced for a series of low-carbon projects. A new $50 million fund, included in the 2021-22 budget, will be used to stimulate local demand for renewable hydrogen in transport and industrial settings and to drive investment into renewable hydrogen.…

Audit office to probe Entrepreneurs’ Programme contracts

By Denham Sadler The national audit office will probe the federal government’s flagship industry program, with an inquiry launched into the $140 million in contracts dished out to the delivery partners of the Entrepreneurs’ Programme. The Australian National Audit Office (ANAO) has commenced an audit into the procurement of delivery partners for the Entrepreneurs’ Programme,…

Business spending on R&D has flatlined in Australia

By James Riley Total spending by Australian business on research and development remains at 2012 levels, despite small increases in each of the past three financial years. A new Australian Bureau of Statistics report found business expenditure on R&D (BERD) was $18.17 billion in 2019-20, slightly below the $18.32 billion that businesses spent in 2011-12 at today’s prices.…