The reinvention of Australian Industry Content and its ramifications

Australian Manufacturing Forum viewpoint by Mike Kalms Without anything really changing, Australian Industry Content Policy (AICP) is now unalterably different. There have been relatively cosmetic changes to how AICP is described, at what thresholds it applies, and how it might be measured, but none of these constitute wholesale change or any sort of ‘policy re-write’.…

Defence projects could face audit following Finnish boat contract: report

An audit of major defence projects and their use of Australian suppliers is possible, according to a report today.   The Australian Financial Review cites unnamed sources, including in the defence industry, and reports that prime minister Scott Morrison has made “pointed remarks” to Defence department officials about keeping foreign-owned primes to their local content…

$20 million work announced for equipment suppliers to Attack Class submarine build

A Victorian and a NSW-based company have been announced as the first Australian partners on major equipment design contracts for the new fleet of submarines. Defence industry minister Melissa Price announced on Thursday that H&H Machine Tools of Melbourne and Berendsen Fluid Power of Seven Hills had been selected for work “estimated at $20 million,…