Bionomics receives huge R&D tax refund

Biopharmaceutical developer Bionomics (ASX: BNO) has received a $5.2 million R&D Tax Incentive Refund for 2018/2019 recognising its intense product development efforts. The company, which is developing a number of novel drug candidates based its unique ionX platform technology, appears to have received one of the largest refunds for the year. While most young drug…

Waste export targets noble, but mandated recycled content essential: NWRIC

The National Waste Recycling Industry Council has said last week’s export ban targets were commendable, but not practical without strengthening markets and infrastructure around waste processing.     Last week the meeting of state and federal environment ministers set targets to ban glass exports by July next year, mixed plastics by July 2021, and whole and…

Motherson Innovations to make ground communications modules

By Stuart Corner of IoT Australia South Australian company Motherson Innovations is to manufacture the modules that will transmit user data to the IoT nanosatellites being deployed by Adelaide based Myriota. The Myriota Module is a credit card sized device that accepts input from sensors and communicates direct to Myriota satellites. According to Myriota’s web…

Effective ways to help reduce fuel consumption

Member viewpoint by Australian Manufacturing Forum member Greg Newham As efficient transport is a key factor in the cost of manufacturing, rising and unpredictable fuel prices represent an ongoing challenge to Australia’s manufacturing sector to remain competitive. The ability of Australia’s transport industry to service the needs of the market continues to be impacted by…