News

Breakthrough Victoria-backed quantum company Infleqtion has become the first portfolio company supported by Breakthrough Victoria to list publicly, debuting on the New York Stock Exchange.

Manufacturing ambitions in Western Australia’s energy storage sector have moved a step forward, with Australian Vanadium Limited confirming its subsidiary VSUN Energy has entered a pre-bid agreement with Sumitomo Electric Industries for the proposed Kalgoorlie Vanadium Battery Energy Storage System (VBESS).

Leading Taiwanese ICT company Synnex has officially opened a new purpose-built logistics facility and its Oceania headquarters in Oakleigh South, bringing $150 million in investment to Victoria. 

Queensland’s sugar manufacturing sector is urging stronger government-industry collaboration to unlock new biofuels and bioenergy opportunities, highlighting the economic potential of diversifying the industry amid a downturn in global sugar prices.

A new subsidised welder training initiative aimed at strengthening Queensland’s manufacturing workforce has been launched by Weld Australia in partnership with Manufacturing Skills Queensland.

Engineers Australia will showcase engineering innovations trackside at the FORMULA 1 QATAR AIRWAYS AUSTRALIAN GRAND PRIX 2026, hosting an interactive Innovation Hub at the Albert Park Grand Prix Circuit. 

Australia’s manufacturing sector remains under pressure despite an apparent improvement in the nation’s standing on Harvard University’s Economic Complexity Index, according to the Advanced Manufacturing Growth Centre, which says the revised ranking reflects methodological changes rather than a material shift in industrial capability.

Construction materials company Boral Limited says it has completed product development of what it describes as Australia’s first low-carbon concrete incorporating locally sourced calcined clay, following laboratory testing and field trials.

Australian businesses may be holding significant untapped value in unused equipment and infrastructure as global metal prices continue to rise, according to Manhari Recycling.

The Australian and South Australian Labor Governments have committed to making South Australia the centre of the nation’s submarine manufacturing, announcing a $3.9 billion initial investment in a new Submarine Construction Yard at Osborne.