The Western Australian government is attempting to improve its venture capital ecosystem, currently ranked second-last among all Australian jurisdictions, through a $30 million initiative intended to lure global VC funds to invest in the state. According to a description on the state government’s website, the Western Australian Venture Capital (WAVC) Initiative is open to firms…
A brewery and restaurant at Albany, Western Australia received a visit from premier Roger Cook ahead of its planned opening in November. Dune Brewery – billed as a “family-friendly microbrewery” – received a $150,000 grant under WA’s Regional Economic Development program in 2020. According to Dune Beer Co’s website the facility will create “exciting and…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Magnetite secures Japanese support for green iron project Magnetite Mines has secured Japanese financial support for its plans to develop a massive green iron ore mine and potential green iron or steel production near Port Pirie in South Australia. The…
The foundations have been laid and construction is underway at a processing facility “that will underpin a sustainable cotton industry” in the Ord River Irrigation Area, according to an update from the Western Australian government. Premier Roger Cook and regional development minister Don Punch toured the Kimberley Cotton Company’s cotton gin in Kununurra on Wednesday.…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Australia’s 50 Most Innovative Manufacturers report now available Following last month’s heavily-anticipated announcement of the Australia’s 50 Most Innovative Manufacturers list for 2024, @AuManufacturing is now making a report based on the five-month campaign freely available. Download the 36-page e-book for…
The Western Australian government has announced $18.4 million for an additional 50 standalone power systems to be installed by Horizon Power. In a statement on Wednesday, the WA government said that it was committing the funds to the state budget, as well as another $8 million “to support local businesses to manufacture wind turbine components.”…
Continuing a recent string of modular construction-related announcements by state governments, Western Australia’s premier has visited a facility under construction at Shenton College. According to a statement from the WA government on Thursday, premier Roger Cook and education minister Dr Tony Buti inspected the $15 million double-storey building, manufactured at Kwinana by Ausco Modular workers. …
By Mohan Yellishetty, Monash University Australia’s nickel industry has been granted access to billions of dollars in federal funding as well as relief from royalty payments after a collapse in the global price of nickel that threatens thousands of jobs. On Thursday BHP wrote down the value of its West Australian nickel division Nickel West…
The Western Australian government has announced a $998,000 funding package to establish a new Rail Collaboration Centre in Karratha, with hubs located in Newman and Perth, independently operated by the CORE Innovation Hub. According to a statement on Wednesday, the funding comes from the Local Manufacturing Investment Fund (LMIF), and “will support the assembly, manufacture,…
WA government backs engineered stone ban The state government announced on Wednesday that it will support the prohibition of the future use of engineered stone in Western Australian workplaces, citing the risk of silicosis. A recent report from Safe Work Australia found there no known safe level of silica in engineered stone, and concluded the…
