New report estimates $220 million in economic activity, $4.8 billion in potential “pandemic preparedness benefit” generated through from Moderna factory

Manufacturing News

Oxford Economics modelling commissioned by Moderna has predicted that the US biotech company’s Melbourne mRNA facility will add $220 million annually to Australian GDP, support 990 ongoing jobs, and deliver “pandemic preparedness benefits” worth as much as $4.8 billion over 30 years “based on the likelihood of a future pandemic”. The Moderna Technology Centre in…

The Albanese government has finally set a 2035 climate course – and it’s a mission Australia must accept

Analysis and Commentary

By Tony Wood, Grattan Institute The federal government has announced a long-awaited climate change target for 2035, committing to a reduction in emissions of between 62 per cent and 70 per cent below 2005 levels. Environmentalists claim the target is a failure, while some business groups and the opposition are likely to slam it as…

Central Coast’s ManufactHER aims to boost female representation in manufacturing workforce

Manufacturing News

A new project aiming to improve how women “are hired, supported at work, and promoted into leadership roles” at manufacturing companies has been launched at the Central Coast. According to a statement from skills minister Andrew Giles (pictured) and others on Tuesday, the ManufactHER: Empowering Women, Transforming Advanced Manufacturing project is being delivered and led…

Guidelines released for $500 million in grants through Green Iron Investment Fund

Manufacturing News

Guidelines are now available for the National Development Stream of the Green Iron Investment Fund, which represents half of available funding through the $1 billion Green Iron Investment Fund announced shortly after the collapse of the Whyalla Steelworks in February. The release gives those hoping to access the $500 million National Development Stream of the…

Manufacturers are asking: where are the responses to what remains a difficult operating environment?

Analysis and Commentary

By Dr Jens Goennemann AMGC’s role is to stand behind all aspiring manufacturers across the nation. This means speaking on behalf of our network of 8,000 and broader industry in forums that will deliver cut-through for small-to-medium-sized (SME) manufacturers – representing the large majority of Australian manufacturers. Lately, this has taken us to numerous Government-led…

Applications open for $500 million Battery Breakthrough Initiative

Manufacturing News

Applications opened on Tuesday for the federal Battery Breakthrough Initiative, announced in the 2024 budget, offering $500 million in support through “capital grants, production incentives or other payments” and administered by the Australian Renewable Energy Agency (ARENA.) According to a statement from industry minister Tim Ayres (pictured) on Tuesday, the initiative aims to see more…

Government is backing Australian manufacturing, and that’s a great thing

Analysis and Commentary

Solar module maker Tindo Solar was recently awarded $34.5 million in federal government support. Here CEO Richard Petterson answers criticism about assistance to local companies in terms of the “potential unfair advantage” enjoyed by other nations selling into Australia.  The big news in renewables last week was the government’s $34.5 million commitment to domestic manufacturing…