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Australia’s defence manufacturing among big winners of new Federal Budget

Building Australia’s sovereign defence manufacturing capability is among the big winners of the Federal Government’s 2023-2024 Budget, gaining approximately $4.1 billion for the development of long-range missile systems. 

Engineers Australia welcomes 2023 federal budget’s commitment to upskilling workforce

Engineers Australia CEO Romilly Madew has welcomed the Australian Government’s 2023 budget for its measures supporting the upskilling of the engineering workforce targeting positive outcomes in AUKUS, manufacturing, sovereign capability, and national energy transition. 

Budget covers $392m for industry growth, $101m for quantum and AI

The Albanese Government has earmarked $392 million for the Industry Growth Program in the form of grants to start-ups and small-to-medium businesses as well as $101 million for the development of quantum and artificial intelligence industries.

Australian medtech, pharma industries get boost in 2023 Federal Budget

The Federal government has allocated $392.4 million in funding for the establishment of a new Industry Growth Program that would boost the development of priority sectors, such as medtech, biotech, and pharma. 

UNSW commends $128.5 million funding to boost number of STEM graduates

UNSW has received a $128.5 million Federal Budget allocation that would create over 4,000 new student places aimed at boosting STEM programs and the number of skilled graduates needed for the AUKUS agreement. 

ARENA’s $2b hydrogen headstart initiative included in new federal budget

The Australian Renewable Energy Agency (ARENA) has welcomed $2 billion in new financing announced in the 2023-24 Federal Budget for its Hydrogen Headstart initiative that aims to support Australia's largest green hydrogen projects.

Queensland nanomaterials company partners with Boeing to develop space applications

Queensland-based nanomaterials company White Graphene Limited is slated to work with global manufacturing giant Boeing after winning the Sustainability in Space Pitch Competition and clinching $100,000 in funding. 

New federal budget to foster Australian industry’s low-carbon future

The Albanese government has placed a heavy emphasis on its efforts to promote energy security and a low-carbon future with the release of its second Budget. 

Austin marks first sale of Mainetec dipper bucket in US

Global mining equipment designer and manufacturer Austin Engineering has sold its first Mainetec-designed dipper bucket to a customer in the United States. 

New legislation brings Queensland one step closer to carbon emissions goal

The Queensland government announced new legislation that aims to support the state’s booming renewable energy industry with $33 billion in economic activity as well as the creation of up to 10,000 jobs. 
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Australian Manufacturing Week 2026 to make Brisbane debut

Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.