Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – we turn to the main support mechanism available for innovation – the R&D Tax Incentive. By Kris Gale. In Minister Husic’s 3% R&D drive to survive, one constant refrain in the Government’s innovation support story is the need to make…
The federal government has selected the University of Sydney’s Quantum Australia to establish and run a new $18.4 million Australian Centre for Quantum Growth, according to Industry and Science Minister Ed Husic. Promised in the government’s National Quantum Strategy, the centre will build connections across Australia’s booming quantum community. Husic took to social media and…
Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – we turn to the role of national industry policy. Here Roy Green points to innovation and the success of a Future Made in Australia as intertwined. While lacking detail at this stage, the significance of Prime Minister Albanese’s Future Made…
By Peter Roberts The once high flying electric vehicle charger manufacturer Tritium DCFC has succumbed to a litany of financial problems, with the appointment of voluntary administrators to its three Australian subsidiaries Tritium Pty Ltd, Tritium Holdings and Tritium Nominee. According to a brief statement to the US Securities and Excgange Commission – parent company…
The federal government has released its Medical Science Co-investment Plan, following the announcement of a proposed Future Made in Australia Act in response to international attempts to shore up domestic industry. The co-investment plan, released on Monday morning, identifies “a broad range of high-value investment opportunities” in medical technology, according to a statement, as well…
Today in our editorial series – Towards 3% – turbocharging our national innovation effort – innovation policy analyst Dr John Howard shines light on why Australian R&D is going backwards. In this, the second part of a two-part series, Dr Howard discusses the reasons behind the fall in R&D spending, pointing the finger at a…
By Peter Roberts Those questioning the effectiveness of the federal government’s $15 billion National Reconstruction Fund need to look no further than the success of the Clean Energy Finance Corporation initiative. But don’t expect rapid results – the CEFC took a decade to pick up steam and only now is showing the power of catalytic…
There is no shortage of commitment’s from both sides of politics for Defence to get behind industry as a pillar of national security, and from the government, a new Defence Industry Development Strategy. In this edited extract from a speech delivered to the Illawarra Shoalhaven industry development conference, Defence Industry Minister Pat Conroy lays out…
The federal government has announced that not-for-profit industry organisations can now apply for grants to provide expert, sector-specific advice to startups and scaleups taking part in its $392.4 million Industry Growth Program. The programme, a replacement for the six Industry Growth Centres (IGCs), will now make available Industry Partner Organisation (IPO) grants of between $500,000…
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…
