The Australian government has begun soliciting public feedback on the new Industry Growth Program (IGP), which will support small businesses in realising and commercialising their product ideas.

Australian marine systems manufacturer VEEM Limited has executed an agreement with Singapore-based Strategic Marine for the latter to employ small and medium size VEEM gyrostabilisers exclusively on the vessels it builds. 

Toyota Australia is set to offer approximately 10 per cent fuel economy improvement for certain HiLux models, compared to the current 2.8-litre turbo diesel variants, when upgraded versions fitted with 48-volt technology arrive in the first half of 2024.

The Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) has initiated its first research partnership with Gilmour Space Technologies and the University of Queensland (UQ)  which might result in the creation of a low-cost solution for safeguarding space launch vehicles and spacecraft from intense heat and pressure.

MITS Alloy announced a number of initiatives to strengthen its manufacturing capabilities in order to expand its global footprint and customer reach, including the transition to a new manufacturing facility and the development of its distribution partner platform in the United States, South America, and Indonesia.

Jemena Electricity Networks has been awarded up to $2 million in funding for the installation of four new community batteries in Victoria through the Australian Government’s Community Batteries for Household Solar Program.

The Queensland Government has opened the applications for the new Queensland Critical Minerals and Battery Technology.

The Qantas Group Engineering Academy has selected the Queensland Government’s Aviation Australia to train up to 300 aircraft engineers a year in Brisbane and Melbourne, creating a talent pipeline to meet the aviation industry's rapid growth and boosting the state's economy.

Australian drone manufacturer Orbital UAV has secured a $1.5 million grant from the Department of Jobs, Tourism, Science & Innovation, after the company reached an agreed performance milestone during the second half of 2023.

A recent report from Geoscience Australia has reinforced the country’s significant role in the global energy supply chain, according to Minister for Resources and Minister for Northern Australia Madeleine King.