What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Green Steel forging ahead with WA green steel plants Green Steel of WA has taken to social media to commit to completing what it hopes will be Australia’s first hydrogen based steel plant by 2028. The company has…
The investment mandate for the National Reconstruction Fund, the federal government’s $15 billion effort to invest in and grow seven sectors within manufacturing, has been published. A joint statement from industry minister Ed Husic and finance minister Katy Gallagher on Thursday says the mandate includes areas of investment across those seven areas, and directs the independent…
By Peter Roberts Something old and something new has gone into the recipe for the federal government’s new $392 million Industry Growth Program which was announced yesterday. Ostensibly the programme is a replacement for the Industry Growth Centres (IGCs) which saw the establishment of six industry growth centres, now at, or past the end of…
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…
The advent of the National Reconstruction Fund offers the Federal Government an opportunity to learn from past industry programme mistakes, and make the whole process of industry support more efficient, writes Damon Cantwell. The $15 billion National Reconstruction Fund programme is not offering grants, but a mixture of concessional loans, guarantees and some equity positions.…
Pain-free diabetes testing, a new vessel to track climate-change data and sensors for driverless cars are some of the innovations being supported through new funding from the federal government. Eighty projects across 25 lead agencies received $650 million in funding from the National Collaborative Research Infrastructure Strategy (NCRIS) from 1 July 2023 to 30 June…
The federal government has begun the hunt for the critical-to-manufacturing position of Chief Executive Officer of the new National Reconstruction Fund. This is a pivotal position as the government will invest $15 billion through the NRF to boost manufacturing across seven priority sectors. The seven key priority funding areas are: · renewables and low emissions…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Another battery metals factory lost offshore, more to come While Australia talks the big talk about being a critical minerals and battery metals superpower, backed by the $15 billion National Reconstruction Fund, Australian metals companies continue to…
National Reconstruction Fund to hold inaugural meeting The board of the National Reconstruction Fund will hold its inaugural board meeting in Sydney on Monday afternoon. In attendance will also be Chair Martijn Wilder, as well as Kelly O’Dwyer, Kathryn Presser, Karen Smith-Pomeroy, Daniel Walton, Daniel Petre. Ahmed Fahour and Dr Katharine Giles will attend virtually. The make-up…
Renewable energy is offering a host of new opportunities for Australian-made steel, the Minister for Industry and Science Ed Husic told the Australian steel convention. In an opening address to the annual Australian Steel Institute (ASI) convention today, Husic said Australian-made steel had a key role to play in the shift to advanced manufacturing, renewable…