What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Sentient Vision to fall to foreign control in Shield AI takeover Optical detection and video imagery company Sentient Vision Systems is to fall into overseas control with a takeover by California-based Shield AI. Sentient previously collaborated with…
The announcement by the Prime Minister Anthony Albanese of a Future Made in Australia Act has brought a chorus of negativism as well as support and advice from industry. Samantha Donovan interviewed industry policy leader Emeritus Professor Roy Green of UTS Sydney on ABC radio – his advice is to better coordinate policy, focus on…
Manufacturing leaders have welcomed the announcement by Prime Minister Anthony Albanese of a Future Made in Australia Act and greater focus from Canberra to supporting industry development. The Managing Director of Kimberly-Clark Australia Belinda Driscoll, said the company’s sole manufacturing plant in regional South Australia which produces VIVA, Kleenex, and Scott products, contributes over half…
By Peter Roberts The federal government has flagged greater government intervention to nurture industry with a proposed enabling Future Made in Australia Act to set the scene for a more activist industry policy future. According to a speech to be delivered today to Queensland Press Club and leaked to media outlets, the Act is a…
The federal government has announced a $1 billion Solar SunShot scheme in association with the NSW government to support the development of solar panel manufacturing in Australia. Solar SunShot will help Australia capture more of the global solar manufacturing supply chain through support, including production subsidies and grants. This will help ensure more solar panels…
The federal government’s signature manufacturing initiative, the $15 billion National Reconstruction Fund, is progressing with the appointment of an inaugural CEO and a new form for submitting proposals added to its website. The National Reconstruction Fund Corporation board was appointed in August last year, with a search for a CEO announced in October. The board…
The federal government has announced “up to $70 million” in funding to support development of the Townsville Region Hydrogen Hub in Queensland, with construction expected to be complete in 2026. In a statement on Tuesday, energy minister Chris Bowen said that “with its port, expertise in exports and access to Queensland’s abundant solar resources” the…
Australia and Japan have signed an agreement to enhance strategic capabilities in robotic and autonomous systems for undersea warfare. The research project between Defence Science and Technology Group (DSTG) and Japan’s Acquisition, Technology and Logistics Agency (ATLA) is the first under a bilateral research, development, test and evaluation (RDT&E) arrangement signed in June, 2023. The…
The New South Wales and federal governments have announced two programmes to fund energy-saving upgrades to social housing and to open up access to solar power for strata apartment dwellers. Prime Minister Anthony Albanese and Premier Chris Minns released a $206 million funding package which could benefit 30,000 households across the state – programmes have…
By Brent Balinski It is the time of year when many of us are reopening, if we aren’t already open for business. Being open for business can have different meanings for different people, as prime minister Anthony Albanese’s description of the National Reconstruction Fund on Monday morning showed. The independent National Reconstruction Fund Corporation is…
