A new deal plan for manufacturing – supporting a transforming and vital industry by Alex Kingsbury

Our campaign to crowd source a new deal plan for manufacturing post Covid-19 moves onwards. Alex Kingsbury discusses how our advanced manufacturers have responded to necessity in the current crisis, and how we can encourage a flexible and sophisticated manufacturing sector into the future.

A new deal plan for manufacturing – Industry incentives, not broad tax cuts – Neville Power

The business leader charged with charting a post Covid-19 economic recovery, Neville Power, has indicated a sharp change in direction of federal government policy with an emphasis on activating industry. Power, the former CEO of Fortescue Metals and head of the National COVID-19 Co-ordination Commission told Channel 9 media that his focus was not further…

EOS on track to raise $144 million

Space, communications and defence business Electro Optic Systems is well on the way to raising $144 million from investors to shore up its balance sheet during the Covid-19 crisis. The Canberra company successfully completed a $134 million placement to institutional investors at $4.75 a share, a 17.4 per cent discount to the prevailing market price.…

Australian link up for industrial IoT security

By Stuart Corner Nozomi Networks — which specialises in providing security technology across OT and IT networks — has formed a partnership with Australian cyber security specialist Cyber Partners under which Cyber Partners will use Nozomi technology to underpin managed security services for operators of industrial infrastructure. Cyber Partners will offer Nozomi Networks’ full suite…