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NAIF investment focus shifts towards economic and social dev’t in Northern Australia

In a joint media release with Minister for Finance Senator the Hon Katy Gallagher and Member for Solomon Luke Gosling, the Australian Government announced updates to the Northern Australia Infrastructure Facility’s (NAIF) investment mandate.

Gov’t allocates over $3.4M to advance Australian defence manufacturing

The Australian government is injecting $3.4 million into innovative local businesses to boost cutting-edge defence capabilities, create skilled jobs, and support local manufacturing.

Grant applications open for non-profits in $392.4M Industry Growth Program

Not-for-profit industry organisations can now apply for grants to provide expert, sector-specific guidance to participating startups and scaleups as part of the Australian Government’s $392.4 million Industry Growth Program.

Australian Defence Force unveils next-gen drone prototypes in government-backed accelerator challenge

The Australian Government is championing innovation in the defence sector with the initiation of the Sovereign UAS Challenge, featuring the development of new-generation drone prototypes by 11 Australian companies.

Gov’t pledges $136.8M to BlueScope for clean energy steel production

Australian steelmaker BlueScope Steel has secured $136.8 million in grant funding from the Australian Government's Powering the Regions Fund (PRF).

ATSE urges gov’t to boost R&D investment and climate targets in federal budget

The Australian Academy of Technological Sciences and Engineering (ATSE) is calling on the Australian Government to substantially increase research and development (R&D) funding in...

Gov’t injects $70M into Townsville’s renewable hydrogen hub

The Australian Government is committing up to $70 million to establish the Townsville Region Hydrogen Hub in North Queensland in a move towards solidifying Australia's position as a renewable energy powerhouse.

Australia unveils 52 investment-ready critical minerals projects in latest prospectus

The Australian Government has released the Australian Critical Minerals Prospectus, highlighting 52 high-quality, investment-ready projects in a move towards bolstering the nation’s position in the critical minerals market.

Tasmania’s renewable energy sector gets boost with launch of REAP initiative

The Tasmanian Government has introduced a plan dubbed, “The Renewable Energy Approval Pathway (REAP),” aimed at streamlining the approvals process for new renewable energy projects.

Engineers Australia backs government’s interim response for responsible AI

In a move applauded by Engineers Australia, the Australian Government has unveiled its Interim Response to Safe and Responsible AI, garnering support for its proactive approach in harmonising regulatory measures with innovation safeguards.
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