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Nuclear-powered submarine training in the UK boosts Australian industry skills

The Deputy Prime Minister of Australia Richard Marles has convened with the UK Secretary of State for Defence Grant Shapps, during a visit to Rolls Royce's nuclear reactor manufacturing facility in Derby.

Australian industry slips further into contraction in July, says Ai Group

The Ai Group Australian Industry Index posted a rating of -14.7 points in July, indicating contractionary conditions and marking the index’s 15th month in the negative territory. 

CDU gets share of funding to address key industry issues

Charles Darwin University (CDU) researchers have been awarded with two of the 32 projects sponsored by the Australian Government's National Industry PhD program, which will help them shape solutions for important Australian industries.

Monash University launches global initiative for “massively scalable” businesses

In an Asia -Pacific first, Monash Business School is collaborating with Creative Destruction Lab (CDL), an objectives-based, equity-free program for massively scalable science and technology-based firms, to open its first Australian campus in Melbourne.

Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate

The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.

Analysis shows strong fuel efficiency standards crucial for reaping $13b gain for Aussies

Australians can save up to $1,200 per year on vehicle operating expenses if the federal government implements strong fuel efficiency standards, according to new modelling commissioned by the Climate Council and Electric Vehicle Council.

Advanced manufacturing in focus at upcoming public hearing in Sydney

The House Standing Committee on Industry, Science, and Resources is set to hear ideas from stakeholder organisations on how to effectively improve Australia's advanced manufacturing capability at a public hearing tomorrow, 5 July, at the Sydney Masonic Centre.

Australian Innovation Competition announces prize pool of $150k for entrants with innovative ideas

The Australian Innovation Competition (AIC 2023) has opened for entries today, with the goal of supporting local innovators across all sectors, including mining and manufacturing, who are developing new ideas and solutions to benefit customers, organisations, and their industries.

2023 QuantumTX METS incubator program achieves $1m milestone in boosting Australian start-ups

The 2023 QuantumTX METS, Space and Defence incubator program is celebrating its midway mark this week with showcase events at technology and robotics hubs in Sydney and Brisbane after awarding $1 million in assistance to 40 start-ups and small-to-medium businesses across Australia. 

iMOVE CRC launches $1m impact fund to bolster tech innovations in transport sector

The iMOVE Cooperative Research Centre (CRC) announced a $1 million funding program for Australian entrepreneurs to speed the development of transportation technologies, goods, and services.
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.