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AusBiotech applauds launch of Medical Science Co-Investment Plan to boost biotech sector

AusBiotech has welcomed the launch of the Medical Science Co-Investment Plan, which pinpoints four primary investment areas in the medical science domain: medical devices, complex therapeutics, digital health, and sustainability.

EOS announces leadership changes to drive international growth

Electro Optic Systems has unveiled significant leadership changes aimed at bolstering its presence in international markets.

Grafton timber factory upgrade boosts jobs and production

The Grafton timber factory, operated by Big River Group, has inaugurated a significant upgrade poised to enhance the production of top-tier timber products for the construction industry statewide.

NSW launches Future Fleet Program bolstering rail manufacturing

The NSW Government has pledged to kick off the procurement process for replacements of the Tangara fleet of suburban passenger trains by March 2027, with a focus on achieving a 50 per cent domestic manufacturing rate within the contract.

Australian solar PV manufacturing receives $1 billion boost

The Australian Renewable Energy Agency (ARENA) has welcomed a significant injection of $1 billion in funding to catalyse the development of domestic solar photovoltaic (PV) manufacturing capabilities across the entire supply chain.

Weld Australia advocates for stronger measures to boost local manufacturing in renewable energy

The Australian Government's Capacity Investment Scheme aims to enhance local participation in renewable energy, but concerns over unclear criteria raise doubts about its effectiveness in stimulating domestic manufacturing and job creation, Weld Australia said in a news release.

New action plans unveiled to combat fruit and vegetable waste crisis

End Food Waste Australia, in collaboration with the Australian Bananas Growers’ Council, Melons Australia, and the wider horticulture industry, has launched a comprehensive nationwide strategy aimed at salvaging fresh produce and slashing Australia’s food waste by 2030.

AEMO warns of impending shift to diesel-powered electricity

The Australian Energy Market Operator (AEMO) has raised concerns over the looming prospect of diesel-powered electricity as a consequence of the dwindling gas supply on the east coast.

ASM advances rare earths project with US EXIM’s USD 600M support

Australian Strategic Materials Limited announced the reception of a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM), outlining a debt funding package of up to USD 600 million (AUD 923 million) for the construction and execution phase of the Dubbo Project, focusing on rare earths and critical minerals.

Moon to Mars program funds dev’t of Australian aerospace GNSS receiver

The Australian Space Agency has allocated funding under its Moon to Mars Supply Chain Capability Improvement Grants program to support the development of an Australian aerospace-grade Global Navigation Satellite System (GNSS) receiver.
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.