Tag: National Reconstruction Fund

The $15 billion National Reconstruction Fund is now poised to initiate investments aimed at fostering the growth of Australia's industrial capabilities, with a focus on generating secure and well-paid job opportunities for the future.

The Australian Government has officially launched its $392 million Industry Growth Program, an initiative aimed at helping startups and small businesses commercialise and grow their companies. 

A new report from national professional services firm RSM Australia has highlighted the need for an increase in government contracts and funding to allow Australian advanced manufacturing to compete on a global level. 

Glenn Thompson, the assistant national secretary of the Australian Manufacturing Union since 2003, has been appointed as a member of the National Reconstruction Fund Corporation Board. 

Minister for Industry and Science Ed Husic has convened with government leaders from across the Indo-Pacific at the Global Entrepreneurship Congress 2023 (GEC 2023) to explore ways of bolstering opportunities for global entrepreneurship and innovation, particularly in advanced manufacturing. 

The National Reconstruction Fund (NRF) Corporation’s Board met for the first time on Monday, 18 September, officially launching the corporation that will help enhance Australia’s local manufacturing capabilities. 

Australian-made steel has a significant role to play in Australia’s transition towards advanced manufacturing, renewable energy, and low emissions, according to Minister for Industry and Science Ed Husic. 

The adoption of value-added manufacturing will be crucial to boost the country's economic complexity as “growth, jobs and the flexibility to respond to economic shocks will come from making more things in Australia,” according to Minister for Science and Industry Ed Husic in an address to the American Chamber of Commerce in Australia.

The Australian Government has issued a discussion paper on Australia’s RNA technology industry to pinpoint opportunities for growth and help the Department of Industry, Science and Resources (DISR) gain a clearer understanding of the technologies currently under development in the country. 

The Federal Government has unveiled the members of the board for the $15 billion National Reconstruction Fund, Australia’s largest investment to boost the nation’s manufacturing capacity.