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…
Appreciation has grown in the last decade or so for a modern, holistic view of manufacturing. It’s “more than just production”, you will have heard countless times, and production is the lowest point in the “smiley curve” model of where value is added. The National Reconstruction Fund Corporation, for example, chose to open its inaugural…
The National Reconstruction Fund has announced a $50 million equity investment in Liontown Resources, which is raising $266 million through an institutional placement. According to a statement from industry minister Tim Ayres on Thursday, the investment by the NRF will support “the ramp-up and underground transition” of Liontown’s Kathleen Valley Lithium Operation. “I am delighted…
The National Reconstruction Fund Corporation has committed $150 million to Brandon Capital to accelerate Australian medical innovation commercialisation, according to an announcement on Thursday. The investment will be allocated to Brandon Capital’s BioCatalyst 6 fund and will support early and late-stage Australian medical science companies developing therapeutics, medical devices and vaccines. NRFC chief executive David…
It might be to put a new sales team on the ground in a new market. Or to import some expensive production kit and fly an expert over to teach your staff how to use it properly. Or you might need to bring in outside technical help to bring a tricky project up the last…
The National Reconstruction Fund Corporation will reportedly announce a $27 million stake in PolyActiva, a company commercialising an injectable device to treat glaucoma. According to The Australian Financial Review, the investment to be announced on Friday is alongside $13 million in new funding from Brandon Capital, and will support PolyActiva in moving to phase-two trials,…
The National Reconstruction Fund Corporation has announced its third investment, tipping $25 million into telecommunications company Myriota as part of a $50 million funding round. In a statement on Thursday, Adelaide-based Myriota said the capital will be used “to enhance the capability and scale of its IoT connectivity platform and infrastructure”, and ramp up its…
The main initiative serving the federal government’s 2022 election pledge to transform the nation’s industry, the $15 billion National Reconstruction Fund, is about to start investing in Australian companies, according to industry minister Ed Husic. The NRF Corporation – the independent body administering the fund – “will soon be cutting its first cheques”, according to…
The National Reconstruction Fund Corporation announced the departure of its founding CEO Ivan Power before the weekend, citing health problems. In a brief statement, the NRFC said Power had suffered several health challenges since he began his role this year and has been on extended leave since late-May. NRFC chair Martijn Wilder thanked Power, adding…
The entity charged with investing $15 billion on behalf of the federal government to diversify and transform the national economy has appointed its inaugural Chief Investment Officer (CIO). In a statement on Friday, the National Reconstruction Fund Corporation announced Dr Mary Manning’s appointment in the role. She will begin next month. She will “oversee investment…