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Vocational training program seen as key to closing the gap, says Weld Australia

Weld Australia has called on the Federal Government to urgently invest in its vocational welding training program, following the release of a new Productivity Commission report showing Australia is failing to meet most of its Closing the Gap targets, particularly in areas such as Indigenous incarceration and youth detention.

Gov’t backs Endua with $4.88M to boost local hydrogen manufacturing

Endua, a Brisbane-based clean technology company, has received $4.88 million in funding from the Australian Government’s Industry Growth Program to accelerate the development and commercialisation of its advanced hydrogen electrolyser technology.

BlueScope forms global consortium to explore Whyalla Steelworks acquisition

BlueScope has announced it will lead an international consortium of steelmakers to explore the potential acquisition and development of the Whyalla Steelworks in South Australia.

JP Morgan index shows global manufacturing contraction returns

Global manufacturing activity slipped back into contraction in July, as weak demand, lower exports, and cautious sentiment continued to weigh on production across major regions, according to the latest J.P.Morgan Global Manufacturing PMI.

Breakthrough Victoria and Monash University back health tech startups with $2.25M investment

Breakthrough Victoria and Monash University have jointly invested $2.25 million in three emerging startups – Myostellar, Fyton Bio, and Remagine Labs – with the goal of developing technologies that could ease pressure on Victoria’s health system and deliver global health benefits.

PMI data shows Aussie manufacturing at three-month high in July

Australia’s manufacturing sector gained momentum in July, marking its strongest performance in three months, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index (PMI®) report.

Steel manufacturing collaboration targets lower emissions, onshore jobs

Sims Limited and Equest Steel Pty Ltd, trading as Alter Steel, have signed a non-binding Memorandum of Understanding (MOU) to collaborate on a scrap supply and services agreement that supports the development of a new electric arc furnace (EAF) steelmaking facility in Pinkenba, Queensland.

Monash launches $15M Fund to back research-driven spinouts

Monash University has launched the Monash Ventures Pre-Seed Fund, a $15 million initiative aimed at accelerating the commercialisation of research by investing in early-stage spinout companies. 

New Vanden catalogue aims to secure rPET supply for manufacturers

Vanden Global has launched a new PET Recycled Resins & Flakes Catalogue aimed at helping Australian manufacturers secure certified recycled feedstock that meets both regulatory and production demands.

Workers at Alcoa’s Portland smelter vote for strike over pay deal and job conditions

More than 540 workers at Portland Aluminium, Victoria’s largest employer, have voted in favour of Protected Industrial Action after 16 weeks of stalled enterprise agreement negotiations with Alcoa, the Australian Workers’ Union (AWU) Victoria announced. 
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.