More investment in skilled workers needed: ACCI
A one-third decline in apprenticeship and trainee commencements highlights the ongoing skill shortage, according to the Australian Chamber of Commerce and Industry says. Figures released this week show apprentice and trainee commencements in the final quarter of 2022 were down 33.5 per cent on the previous year. “This massive downturn can be linked to the end of the incredibly successful Boosting Apprenticeships Commencements program last June. The program has ended but the skills shortage has not,” said ACCI CEO Andrew McKellar. “There have not been commencement figures this low in a December quarter since 2019. This troubling decrease in apprenticeship commencements shows the need for subsidies at a sufficient rate is ongoing. A new subsidy scheme will strengthen the business case for employers to hire apprentices and give young Australians the opportunity to kickstart their careers and contribute to Australia’s skilled workforce.”
UOW scientist pushes boundaries of materials
The University of Wollongong (UOW) secured $2.88 million in funding through the prestigious 2023 Australian Research Council (ARC) Future Fellowships scheme. Among them Associate Professor Shiyang Tang from the University of Southampton who’ll be joining UOW’s Faculty of Engineering and Information Sciences (EIS) has been awarded $826,390. Associate Professor Tang’s work with electro-triggered solidification of supercooled fusible alloys is set to push the boundaries of material science. Traditionally, stiffness in materials has been considered a static property, but this project aims to challenge that notion. Associate Professor Tang, said: “This project will turn a problem – that is supercooling, a state where liquids do not solidify even below their freezing points – into an opportunity to develop the world’s first composite material with programmable stiffness that can offer all desirable properties for robotics and wearables. Through collaboration with the Australian manufacturing industry, we hope to advance the nation’s global competitiveness in advanced manufacturing and healthcare technology.”
Lark Distilling quarterly sales of $4 million
Tasmanian distiller Lark Distilling has recorded Q4 net sales of $4 million as the company surpasses 2.38 million litres of whiskey under maturation. The company’s core Signature and Symphony product ranges performed strongly growing net sales by 49 percent and 42 percent respectively. Ignoring one-off sales lasty year, the company saw organic sales growth of 15 percent in FY23, supported by rising sales in exports and travel retail channels. At the end of the financial year Lark had a cash balance of $7.2 million.
Strategic Elements reports progress on electronic skin patch
Printable electronics developer Australian Advanced Materials, a company owned by investment house Strategic Elements, has reported progress on the development of its cells designed to provide power for sensors and skin patches. The company reported challenges in improving the Energy Ink skin patch material’s efficiency and durability were overcome. Electrical charge capacity increased from microamps to milliamp-hours and ampere-hours and from hours to days and to months. Work continues on nano-engineering a range of discoveries in fundamental moisture-to-energy mechanisms into electronic ink formulae.
Queenslanders to benefit from new energy efficient appliance rebate
Queenslanders will be able to save hundreds to help bring down electricity bills. Around 40,000 Queenslanders will be able to claim a new rebate when purchasing energy efficient appliances which is up to $1,000 for eligible households from next month. This comes on top of electricity bill rebates of $550 and $1,072 for senior and concession card holders. As part of the state government’s push to ease cost of living pressures, the new $22 million Smart Energy Savers programme offers rebates for a range of eligible energy efficient appliances. It’s estimated that making the switch from 2 to 4 star appliances could save individual Queensland households hundreds to thousands of dollars a year, and reduce Queensland’s CO2 emissions by thousands of tonnes each year. Low income households will be able to claim the most on appliances, however all Queenslanders will be eligible to access cost-of-living support on selected appliances.
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