By Christian Downie, Australian National University President Donald Trump is trying to unravel the signature climate policy of his predecessor Joe Biden, the Inflation Reduction Act, as part of a sweeping bid to dismantle the United States’ climate ambition. The Inflation Reduction Act, or IRA, is a A$530 billion suite of measures that aims to…
The Assistant Minister for a Future Made in Australia Senator Tim Ayres has used one of his first outings since promotion to defend the use of government cash to encourage business investment under the Future Made in Australia programme. Speaking on ABC Newcastle Breakfast radio he was asked why government money was being used to…
By Peter Roberts That federal government’s economic adviser the Productivity Commission has a new spring in its step and new targets of its quest for an economically pure Australia – defence procurement policies and local content rules more generally, especially those applied by the states. The PC’s 50th Trade and Assistance Review (TAR) just released…
Production tax credits that are part of the federal government’s Future Made in Australia legislation package will benefit companies that add value to Australia’s natural resources, according to the Assistant Minister for Manufacturing Senator Tim Ayres. Interviewed on ABC Afternoon Briefing, Senator Ayres said the package, which aims to support $22 billion worth of investment…
Manufacturing has been lost in Australia and we are turning our attention to building it anew. We have to look away from the past, to new ways of manufacturing and a digital-first mentality and automation. By Grant Wild. The recent deliverables in the Federal budget have made me think hard about what we really need…
By Peter Roberts So whether or not Australia will actually have a Future Made in Australia as wished for by the Albanese government comes down to what it has always come down to – a matter of Ideology. The sides of the debate are clear. Ranged against are the usual suspects – economically regressive media…
Manganese miner Element 25 has progressed its plans to construct a high-purity manganese sulphate (HPMSM) refinery in Louisiana USA to supply domestic HPMSM to the US electric vehicle battery industry. Basic engineering packages for sections of the plant which will produce pre-cathode material via a proprietary hydrometallurgical process are being generated by equipment vendors and…
Sydney based Silex Systems is to compete in the United States to produce High Assay Low Enriched Uranium (HALEU) – a higher grade of nuclear fuel that will be required to fuel next generation advanced reactors, including Small Modular Reactors (SMRs). The company announced that the U.S. Department of Energy (DOE) had released the Request…
A guaranteed pipeline of work and local content provisions are needed to build the capacity needed for the energy transition, industry body Weld Australia has said. In a statement on Tuesday, the group urged the federal government to deliver a policy framework guaranteeing enough work “for manufacturers to attract the required investment”, and strongly recommending…
By Brent Balinski The Industry Growth Program, offering grants between $50,000 and $5 million to SME and startup commercialisation projects, started accepting applications on Monday. It will no doubt be useful to a long list of companies. However, the replacement for the Entrepreneurs’ Programme does nothing to address some bigger, more immediate problems. The mood…