By Charlie Huang, RMIT University Australia’s largest export, iron ore, has long been a powerhouse of economic growth. Over the past two decades, its contribution to our national income has surged from just A$8 billion in 2005 to over A$124 billion today. But the Australian iron ore industry faces a major challenge as its biggest…
By Bruce Mountain, Victoria University Last night ABC’s Four Corners investigated the problem-plagued Snowy 2.0 pumped hydro power station, focusing on a bogged tunnelling machine, toxic gas and an unexpected volume of sludge. While these specific problems are new, we have criticised this project since 2019 and outlined six key problems even earlier elsewhere. How…
By Alan Finkel, The University of Queensland This article is part of a series by The Conversation, Getting to Zero, examining Australia’s energy transition. Just over a year since US President Joe Biden signed the Inflation Reduction Act (IRA) into law, it’s becoming clear this strangely named piece of legislation could have a powerful impact…
The AROSE consortium and the EPE and Lunar Outpost Oceania consortium are each designing early-stage prototypes of a semi-autonomous Moon rover to be transported to the Moon via NASA. In this contributed article, AROSE outlines the challenges and industry opportunities. When Australia’s Trailblazer lunar rover arrives on the Moon, the remotely operated vehicle will confront…
The scale of the renewables boom facing Australia is becoming clearer, with the task emerging as a vast one which carries with it vast opportunities. According to the Head of Policy with the Australian Constructors Association Robert Sobyra: “The renewables boom has just begun. “The 12 months to March 2023 saw a record $20 billion…
IDT Australia raises $2 million from shareholders Melbourne pharmaceutical manufacturer IDT Australia has raised $2 million via an over-subscribed share purchase plan to existing shareholders. The raising followed the successful completion of a $5 million placement to professional and sophisticated investors. The total capital raised will be used to fund the company’s capital expenditure programme…
By Peter Roberts Australia’s new Critical Minerals Strategy aims to increase the value added onshore to Australia’s vast mineral resources, rather than simply exporting undifferentiated mineral commodities. However it stops short of being the comprehensive policy we need to develop value-added industries. The strategy sets out a vision to grow our critical minerals wealth, create…
By Thara Philip, The University of Queensland; Andrea La Nauze, The University of Queensland, and Kai Li Lim, The University of Queensland The number of electric vehicles (EVs) in Australia doubled in 2022 and Tesla’s Model 3 emerged as the best-selling mid-size car, the first time an EV has held this title. Despite these headlines,…
Yesterday in our series – Celebrating Australian sovereign capability – Lance Worrall argued that sovereign capability is about a nation making things it needs, and policy with purpose. Today he identifies Australia’s priority sovereign capability sectors, and reveals where we are falling short. Over 30 years Australia overdosed on neoliberalism. The patient’s disorders include deindustrialisation…
By Ian Mackinnon, Queensland University of Technology and Richard Taylor For most of us, transmitting power is an invisible part of modern life. You flick the switch and the light goes on. But the way we transport electricity is vital. For us to quit fossil fuels, we will need a better grid, connecting renewable energy…
