Electric delivery vehicle developer ACE-EV has been given a $5 million boost in the federal budget and will move to initial production of its three models of small vehicles in Adelaide. The company, which launched its first locally-assembled vehicle with fanfare in August, received the grant from the Future Fuels Fund administered by the Australian…
Five Australian startups — including a field robotics company and a maker of sustainable packaging based on crustacean shells — have made the shortlist for Rabobank’s international food and agri FoodBytes program.
The Australian Made Campaign Ltd (AMCL) has launched a new ‘Buy Australian Now and support Aussie jobs’ campaign as use of the green and gold Australian Made logo spreads. An extension of its ‘It’s never been more important to Buy Australian than right now’ initiative launched in June, the campaign encourages Australians to exercise their…
China-focused dairy and healthy products specialist Jatcorp has boosted its Chinese distribution and launched two new China-destined Australian products. The manufacturer and exporter reported reduced sales of milk formula in China which contributed to a $10 million fall in sales in the first six months of 2020 to $30.1 million, compared to the prior corresponding…
Infinite Blue Energy has partnered with Petrofac for the engineering, procurement and construction (EPC) of its $350 million Arrowsmith Hydrogen Project to be constructed north of Perth, according to reports. Petrofac, an international energy services firm, will progress the Arrowsmith project to support a final investment decision in early 2021. Destined to become Australia’s largest…
Highly controversial reforms to the research and development tax incentive have been officially scrapped in a “huge win” for the tech sector, with the federal government backing down from its plan to cut $1.8 billion from the scheme.
The Australian Industry Group has welcomed Tuesday night’s federal budget as suitable for the worst economic downturn since the Great Depression in the 1930s, describing it as “stimulatory, inclusive, confidence-building and forward-looking.”
Climate change think tank Beyond Zero Emissions has welcomed yesterday’s federal budget, saying it contains “promising endorsement” of a clean economic recovery.
Boeing Australia will build on its existing presence in Queensland with a decision to produce the Loyal Wingman unmanned jet being developed for the RAAF in the state. Premier Annastacia Palaszczuk announced a partnership with Boeing to assemble the first military aircraft to be designed, engineered and manufactured in Australia in more than 50 years.…
Metal additive manufacturing group AML3D has received firm commitments from investors to raise $7 million to speed expansion of the company’s 3D printing operations. The Adelaide company will use the funds from institutional and private investors to buy and commission additional production modules to increase contract manufacturing capacity, enabling AML3D to service new customers. AML3D…
